Deal numbers
- Est. cap rate
- 2.9%
- Assumed rent, all units
- $7,110/mo
- Units
- 3
- Price per unit
- $498,333
- Est. annual NOI
- $42,660
- 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.
- Effective gross income
- $81,054
- Operating expenses
- $40,527
- Net operating income
- $40,527
- Annual debt service
- $89,516
- Annual cash flow
- -$48,989
- Cash on cash return
- -13.1%
- Down payment
- $373,750
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
- Triplex
- Bedrooms
- 3
- Building size
- 1,902 sqft
- Lot size
- 6,279 sqft
- Year built
- 2021
- Stories
- 1
- Garage spaces
- 0
- Style
- Traditional,Modern
- Heating
- Central
- Cooling
- Central Air
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 5
- MLS #
- 248635343
About this property
Three residences. Established rental income. An investment opportunity built for immediate return! Located in a desirable Reseda neighborhood, this income-producing triplex generates $9,160 in monthly rental income with tenants already in place. Offering a total of 7 bedrooms and 3 bathrooms across three separate residences, the property features a 3-bedroom, 1-bathroom main home, a 2-bedroom, 1-bathroom Junior ADU, and a 2-bedroom, 1-bathroom ADU constructed in 2021. Each residence offers its own living space, creating an attractive rental arrangement with multiple income streams. With three separate addresses, individual electric meters, and tenants responsible for their own utilities, the property offers added convenience and efficiency for ownership. Situated on an approximately 6,279-square-foot lot, this is an opportunity to acquire an established income-producing property in the heart of the San Fernando Valley, conveniently located near shopping, dining, and everyday amenities. A valuable addition to any investment portfolio!
Location
19519 Welby Way
Reseda, Los Angeles, CA, 91335