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Quadruplex at 722 Brent Avenue
$2,499,000
722 Brent Avenue
South Pasadena, Los Angeles, 91030
Quadruplex · 4 units
ComingSoon · 0 days on market

Deal numbers

Est. cap rate
2.7%
Assumed rent, all units
$11,040/mo
Units
4
Price per unit
$624,750
Est. annual NOI
$66,240
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
$125,856
Operating expenses
$62,928
Net operating income
$62,928
Annual debt service
$149,633
Annual cash flow
-$86,705
Cash on cash return
-13.9%
Down payment
$624,750

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
Quadruplex
Bedrooms
4
Building size
3,656 sqft
Lot size
8,263 sqft
Year built
1946
Stories
2
Garage spaces
4
Heating
Central
Cooling
Wall/Window Unit(s)
Pool
None
View
Mountain(s),Neighborhood
Status
ComingSoon
Days on market
0
MLS #
248795413

About this property

Located on an exceptional residential block of South Pasadena, 722 Brent Avenue is a well-maintained four-unit building offering long-term investment appeal. Prime, central location with a 93 Walker's Paradise Walk Score! Built in 1946, the property features four two-bedroom, one-bath residences. Each unit offers functional floorpans and charming architectural details to feel like a standalone home. Bonus: each unit has a private 1-car garage. Residents also enjoy access to a detached laundry room and a shared storage room. With its welcoming front yard and curb appeal, the building is situated near the city's beloved schools, parks, cafés, markets, and restaurants. Property has been in the same family for many generations, and owners have made significant improvements including a newer roof and exterior painting. South Pasadena Unified School District (SPUSD) is ranked #2 in all of California. With South Pasadena's steady rental demand, coveted public school system, and limited multifamily inventory, this property sits in a strong position for both immediate returns and long-term hold strategy.

Location

722 Brent Avenue

South Pasadena, Los Angeles, CA, 91030

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

722 Brent Ave, South Pasadena CA | Multifamily Listing