Est. cap rate

4.9%

Assumed rent, all units

$7,000/mo

Units

4

Price per unit

$212,250

Est. annual NOI

$42,000

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

4

Building size

1,855 sqft

Lot size

8,915 sqft

Year built

1910

Stories

1

Garage spaces

0

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Pool

None

View

None

Status

Active

Days on market

1

MLS #

248786413

About this property

Great fourplex fixer income opportunity in East LA. just a short walk to bustling Whittier Blvd. Four separate buildings consisting of a main front house with three bedrooms and two bathrooms; three additional separate one bed / one bath units. Four separate addresses (810 / 810 1/4 / 810 1/2 / and 812 S. Record. All units on separate electric and gas meters and each unit has own washer / dryer. All separate one bed units to be delivered with tenants. All units could utilize some interior updating, but imagine the upside! Front main house has new water heater and new electric panel. Large lot just shy of 9,000 sq ft with alley access at the rear of the property as well. Possible development opportunities with such a large lot size? Address does not appear to be under the auspices of LA City RSO, although buyer to satisfy self as Broker(s)/Agent(s)/Seller(s) do not guarantee the accuracy of any information provided including square footage, bed/bath count, lot size, lot dimensions, ordinances, zoning, rent control, permits, use code, permitted/unpermitted spaces, school boundary lines or eligibility, and/or other information concerning the conditions or features of the property provided by the Seller, obtained from public records, or other sources. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals and rely on their own personal findings, investigations and professional sources. DO NOT DISTURB TENANTS

Location

810 S Record

Los Angeles, Los Angeles, CA, 90023