Est. cap rate

4.8%

Assumed rent, all units

$9,280/mo

Units

4

Price per unit

$287,475

Est. annual NOI

$55,680

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

4,344 sqft

Lot size

11,593 sqft

Year built

1923

Stories

2

Garage spaces

0

Heating

None

Cooling

None

Pool

None

View

None

Status

Active

Days on market

0

MLS #

248947338

About this property

This property features 1 Bedroom, 1 Bathroom each total of 4 units, copper plumbing updated in 2024. located in the heart of Highland Park with easy access to Metro Station, 110 Fwy, nearby schools, museums & arts, parks & community events. Long term tenants rent low; owner lives in the complex. Great opportunity for Owner Occupied, Non-Owner Occupied and Investment. Offers subject to interior inspection, offers will be presented on November 10, Property will be shown to the best offers. Contact me for any questions. Buyer and Buyer's agent to do all the investigations. Offers will be presented with Pre-Approval Letter & Proof of Funds. Property will be delivered with tenants, unit 201 will delivered vacant. Unit occupied by the owner has inside laundry.

Location

203 1/2 N Avenue 53

Highland Park, Los Angeles, CA, 90042