Est. cap rate

4.0%

Assumed rent, all units

$7,920/mo

Units

4

Price per unit

$293,750

Est. annual NOI

$47,520

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

3,928 sqft

Lot size

6,490 sqft

Year built

1923

Stories

2

Garage spaces

4

Style

Spanish

Heating

Wall Furnace

Cooling

None

Pool

None

View

None

Status

Active

Days on market

0

MLS #

248910963

About this property

Exceptional Four-Unit Investment Opportunity! Classic Spanish Quadruplex - A rare opportunity to own a four-unit property offering spacious living, a large lot, and long-term tenants. Each unit provides comfortable living space, making this an attractive investment for those looking to add to their portfolio or secure a multi-unit property with established rental history. The expansive lot features a generous backyard and newly updated landscaping, adding to the property's appeal and outdoor potential. With its combination of space, established tenancy, and desirable outdoor features, this property offers an excellent opportunity for investors seeking long-term potential. Spacious units with large unit over 2 - 2 car garages in rear with large apron. Nice yard space with new sod and landscaping in spacious backyard. Long term tenants. Each has their own laundry.

Location

2020 Olive

Long Beach, Los Angeles, CA, 90806