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Triplex at 433 S Lorena
$875,000
433 S Lorena
Los Angeles, Los Angeles, 90063
Triplex · 3 units
Active · 0 days on market

Deal numbers

Est. cap rate
3.6%
Assumed rent, all units
$5,250/mo
Units
3
Price per unit
$291,667
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.

5.0%
50%
25%
7.00%
Effective gross income
$59,850
Operating expenses
$29,925
Net operating income
$29,925
Annual debt service
$52,393
Annual cash flow
-$22,468
Cash on cash return
-10.3%
Down payment
$218,750

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
Triplex
Bedrooms
3
Building size
2,320 sqft
Lot size
4,597 sqft
Year built
1907
Stories
3
Garage spaces
0
Heating
None
Cooling
None,Wall/Window Unit(s)
Pool
None
View
City Lights
Status
Active
Days on market
0
MLS #
248837029

About this property

An incredible opportunity to own a family-held triplex in the Boyle Heights area of Los Angeles! This three-story property features three separate residential units, each occupying its own level with a private entrance. Offering approximately 2,320 square feet of living space on a 4,597-square-foot lot, this property features spacious living areas and functional layouts with endless possibilities! A fantastic opportunity for investors looking to expand their real estate portfolio or buyers seeking a versatile multi-unit property with great potential. Conveniently located near local shopping, dining, schools, and major transportation routes. Don’t miss this rare opportunity to own a long-held family property in Los Angeles! Buyer to independently verify all permits, square footage, room counts, and property information with the appropriate authorities.

Location

433 S Lorena

Los Angeles, Los Angeles, CA, 90063

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

433 S Lorena, Los Angeles CA | Multifamily for Sale