
Deal numbers
- Est. cap rate
- 4.6%
- Assumed rent, all units
- $6,880/mo
- Units
- 4
- Price per unit
- $222,250
- Est. annual NOI
- $41,280
- 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
- $78,432
- Operating expenses
- $39,216
- Net operating income
- $39,216
- Annual debt service
- $53,231
- Annual cash flow
- -$14,015
- Cash on cash return
- -6.3%
- Down payment
- $222,250
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
- Quadruplex
- Bedrooms
- 4
- Building size
- 2,112 sqft
- Lot size
- 5,195 sqft
- Year built
- 1924
- Stories
- 1
- Garage spaces
- 0
- Heating
- Electric
- Cooling
- Electric
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 248993589
About this property
Fantastic investment and homeowner opportunity located in the heart of Los Angeles! This exceptional 4-unit property offers endless potential for both savvy investors and buyers looking to "live in one and rent out the other three" to help offset their mortgage. Eligible for standard residential financing, this property provides a rare chance to enter the multi-unit market with conventional loan options. Each spacious unit features a functional layout, offering comfort and privacy for tenants. The property is well-positioned for strong rental income generation, making it an ideal cash-flowing asset from day one. Situated in a highly accessible and developing neighborhood close to local shopping, dining, schools, and major freeways. Do not miss out on this incredible multi-family gem that combines comfortable living with long-term wealth building!
Location
447 W 67th Street
Los Angeles, Los Angeles, CA, 90003