Est. cap rate

3.3%

Assumed rent, all units

$5,820/mo

Units

3

Price per unit

$350,000

Est. annual NOI

$34,920

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

Triplex

Bedrooms

3

Building size

3,577 sqft

Lot size

5,722 sqft

Year built

1922

Stories

2

Garage spaces

2

Style

Spanish

Pool

None

Status

Active

Days on market

1

MLS #

248724551

About this property

Spanish Style Triplex with IMMEDIATE RENTAL INCOME & ADU Potential! This stunning 6-bedroom, 4-bath Spanish-style triplex offers 3,577 sqft of living space on a 5,722 sqft lot with rear parking and assigned spaces for each unit, including 2 garage spaces for one unit. Perfect for investors or an owner-occupant, each unit features newer water heaters double-strapped for safety, smoke and carbon monoxide alarms, and separate utilities with 3 electric meters, 3 gas meters, and 1 water meter. Unit 4220 is updated with new plumbing, electrical, drywall, flooring, paint, and bathroom, while 4218 offers an updated kitchen with quartz countertops and soft-close cabinets. Unit 4220 1/2 occupies the entire top floor, has an updated kitchen with quartz countertops and has potential to add 2 additional bedrooms. With ADU potential, this property provides flexibility for rental income, extended family living, or future expansion. Don’t miss this rare opportunity to own a versatile, income-producing property in a highly desirable location!

Location

4218 S Harvard

Los Angeles, Los Angeles, CA, 90062