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Quadruplex at 447 W 67th Street
$889,000
447 W 67th Street
Los Angeles, Los Angeles, 90003
Quadruplex · 4 units
Active · 0 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

447 W 67th St, Los Angeles CA | Multifamily for Sale