Est. cap rate

3.3%

Assumed rent, all units

$5,250/mo

Units

3

Price per unit

$316,666

Est. annual NOI

$31,500

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

1,738 sqft

Lot size

4,893 sqft

Year built

1924

Stories

2

Garage spaces

0

Pool

None

Status

Active

Days on market

0

MLS #

248822575

About this property

Excellent Investment Opportunity in City Terrace, Los Angeles! Discover this beautifully remodeled triplex in the desirable City Terrace area of Los Angeles, offering an outstanding opportunity for investors or owner-occupants looking to maximize rental income. This income-producing property features three separate, vacant units, providing flexibility for immediate leasing at market rents. The property consists of one spacious 3-bedroom, 1-bathroom unit and two additional 1-bedroom, 1-bathroom units. All three units have been remodeled, offering a fresh, updated living environment for future tenants. Conveniently located near California State University, Los Angeles (Cal State LA), the property benefits from close proximity to educational institutions, shopping, dining, major freeways, and other local amenities, making it an attractive option for renters. Parking is another standout feature, with a carport accommodating two vehicles, plus separate parking for the rear unit. The property offers the potential to accommodate up to five vehicles without blocking other tenants’ vehicles, adding valuable convenience for residents. With all three units vacant and move-in ready, this triplex presents a fantastic opportunity to establish rental income, explore owner-occupancy options, or expand an investment portfolio in Los Angeles. Don’t miss the opportunity to own a versatile multi-unit property in a convenient and established neighborhood!

Location

1471 Adkisson Avenue

Los Angeles, Los Angeles, CA, 90063