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Triplex at 10145 Mountair Avenue
$925,000
10145 Mountair Avenue
Los Angeles, Los Angeles, 91042
Triplex · 3 units
Active · 0 days on market

Deal numbers

Est. cap rate
4.3%
Assumed rent, all units
$6,600/mo
Units
3
Price per unit
$308,333
Est. annual NOI
$39,600
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
$75,240
Operating expenses
$37,620
Net operating income
$37,620
Annual debt service
$55,386
Annual cash flow
-$17,766
Cash on cash return
-7.7%
Down payment
$231,250

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
1,541 sqft
Lot size
5,500 sqft
Year built
1952
Garage spaces
5
Heating
Natural Gas
Cooling
Wall/Window Unit(s)
Pool
None
View
None
Status
Active
Days on market
0
MLS #
248932850

About this property

There are three one bedroom one bath units located on the subject property located at 10145 Mountair Avenue in Tujunga Ca. The three units are located on a 5502 square feet lot zoned at LARD1.5 with a total monthly income of $4782. Great location close to Foothill Blvd with access to all necessities. This property's adjacent house is also for sale at a reduced price of $925,000.IMPORTANT NOTE: SELLER PREFERS TO SELL BOTH ADJACENT PROPERTIES DESIGNATED AS 10143 AND 10145 MOUNTAIR AVENUE, FOR A LOWER PRICE OF $1,790,000. GREAT OPPORTUNITY FOR A LARGE FAMILY TO LIVE THERE AND COLLECT STEADY RENT FROM THE UNITS ON THE ADJACENT PROPERTY. SELLER VERY MOTIVATED. BRING ALL OFFERS.

Location

10145 Mountair Avenue

Los Angeles, Los Angeles, CA, 91042

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

10145 Mountair Ave, Los Angeles CA | Multifamily for Sale