Est. cap rate

3.0%

Assumed rent, all units

$12,520/mo

Units

4

Price per unit

$625,000

Est. annual NOI

$75,120

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

4,333 sqft

Lot size

6,797 sqft

Year built

1934

Stories

2

Garage spaces

4

Cooling

Central Air

Pool

None

Status

ComingSoon

Days on market

0

MLS #

249051396

About this property

We are pleased to present 1239 Orlando Ave, an extensively renovated four-unit multifamily investment opportunity located in the highly desirable South Carthay Historic District of Los Angeles. Situated on a wide, tree-lined residential street, the property enjoys an inviting neighborhood setting. The property features an attractive unit mix of two 2-bedroom/1-bathroom units and two 1-bedroom/1-bathroom units, all of which have undergone comprehensive renovations down to the studs. Beyond the interiors, significant capital improvements include upgrades and replacements to the roof, sewer line, plumbing, and electrical systems, along with EV charging infrastructure and a newly constructed privacy wall. With substantial capital improvements already completed, 1239 Orlando Ave offers investors a turnkey multifamily asset in one of Los Angeles' most desirable residential neighborhoods.

Location

1239 Orlando Avenue

Los Angeles, Los Angeles, CA, 90035