Est. cap rate

3.2%

Assumed rent, all units

$7,200/mo

Units

4

Price per unit

$337,500

Est. annual NOI

$43,200

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Quadruplex

Bedrooms

6

Building size

4,882 sqft

Lot size

11,727 sqft

Year built

1911

Stories

2

Garage spaces

0

Cooling

None

Pool

None

Status

Active

Days on market

1

MLS #

248178682

About this property

Beautiful Property in a Prime Location! Ideally located within walking distance of the Los Angeles Memorial Coliseum and the University of Southern California (USC). This property offers an excellent investment opportunity in a highly desirable area. The lot may be ideal for investors looking to explore the potential for developing apartment units Important Notice: The title report reflects four (4) units; however, the property appears to have six (6) units, along with five (5) electrical meters and five (5) gas meters. Buyer is strongly advised to conduct their own independent due diligence and verify the number of existing units, permits, zoning, and compliance with all applicable local regulations with the appropriate authorities. Buyer should independently investigate and satisfy themselves regarding all aspects of the property.

Location

1081 W 39th

Los Angeles, Los Angeles, CA, 90037