Est. cap rate

3.3%

Assumed rent, all units

$5,430/mo

Units

3

Price per unit

$333,333

Est. annual NOI

$32,580

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

2,496 sqft

Lot size

5,369 sqft

Year built

1926

Stories

2

Garage spaces

0

Heating

Wall Furnace

Cooling

Whole House Fan,Wall/Window Unit(s)

Pool

None

View

Hills

Status

Active

Days on market

1

MLS #

248762757

About this property

Prime multifamily investment opportunity in Los Angeles! This well-positioned TRIPLEX features a completely remodeled 3-bed, 1-bath main residence, plus two additional 2-bedroom, 1-bathroom units. Offering an investor immediate flexibility to establish a new tenancy or accommodate an owner-user. With multiple units and a combination of existing rental income and vacancy this property provides an opportunity to reposition the asset, maximize rental potential, and add value over time. Conveniently located minutes from main freeways. Cal State LA, Dodger Stadium, shopping, dining, and major transportation routes. A compelling opportunity for investors seeking a multifamily property in Los Angeles with value-add potential and multiple income-producing units.

Location

5043 Borland Rd

Los Angeles, Los Angeles, CA, 90032