Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $6,900/mo
- Units
- 3
- Price per unit
- $466,333
- Est. annual NOI
- $41,400
- 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.
- Effective gross income
- $78,660
- Operating expenses
- $39,330
- Net operating income
- $39,330
- Annual debt service
- $83,768
- Annual cash flow
- -$44,438
- Cash on cash return
- -12.7%
- Down payment
- $349,750
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
- 2,186 sqft
- Lot size
- 5,584 sqft
- Year built
- 1962
- Stories
- 2
- Garage spaces
- 3
- Style
- Contemporary,Bungalow
- Heating
- Wall Furnace
- Cooling
- None
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248979229
About this property
Excellent investment opportunity in a desirable Torrance location! This well-maintained property features a single family home in front and two 2-bedroom, 1-bath units in the back, each with its own garage. The front residence (2011 Plaza Del Amo) has been beautifully remodeled with new flooring, windows, kitchen cabinets and countertops, an updated bathroom, new roof, and fresh interior and exterior paint. This charming detached home also has its own front and side yards, along with an inviting front porch. The two rear units (2013 A & B), situated upstairs and downstairs, feature new flooring and fresh paint. Additional property improvements include new electrical panels for all three units and new fencing. The three garages are conveniently accessible from the alley. All three units are currently occupied, with rents at or near market rates, offering immediate rental income. Ideally located near Torrance Park, Torrance High School, shopping, dining, and other local amenities. A wonderful opportunity to own an updated, income-producing property in the heart of Torrance!
Location
2011 Plaza Del Amo
Torrance, Los Angeles, CA, 90501