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Quadruplex at 4603 St Charles
$1,450,000
4603 St Charles
Los Angeles, Los Angeles, 90019
Quadruplex · 4 units
Active · 4 days on market

Deal numbers

Est. cap rate
3.8%
Assumed rent, all units
$9,240/mo
Units
4
Price per unit
$362,500
Est. annual NOI
$55,440
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.

5.0%
50%
25%
7.00%
Effective gross income
$105,336
Operating expenses
$52,668
Net operating income
$52,668
Annual debt service
$86,822
Annual cash flow
-$34,154
Cash on cash return
-9.4%
Down payment
$362,500

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
4
Building size
3,313 sqft
Lot size
12,157 sqft
Year built
1939
Stories
2
Garage spaces
6
Style
Mid Century Modern
Heating
See Remarks
Cooling
None
Pool
None
View
Mountain(s),City Lights,Neighborhood,See Remarks
Status
Active
Days on market
4
MLS #
248728079

About this property

Discover a wonderful opportunity in the heart of Mid-Los Angeles! Situated on an exsansive 12,157 sq ft lot. This charming two-story features four units, each offering 1 bedroom and 1 bathroom, with original hardwood flooring that adds timeless character and charm. It also, includes washer and dryer hookups in each unit and upgraded plumbing , providing added flexibility for the new owner. It also shows a spacious garage accommodating with four spaces currently used by the owner, plus additional storage and a versatile office area at the rear of the property. Enjoy the inviting outdoor spaces, including private patios for the two downstairs units. An iron security entrance provides controlled vehicle access, while beautiful mature trees create a refreshing, shaded patio setting that enhances the property's charm and appeal. Ideal for investors or owner-users seeking a multifamily property with character, parking, and additional space in a desirable Mid-Los Angeles location.

Location

4603 St Charles

Los Angeles, Los Angeles, CA, 90019

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

4603 St Charles, Los Angeles CA | Multifamily for Sale