Deal numbers
- Est. cap rate
- 2.5%
- Assumed rent, all units
- $6,360/mo
- Units
- 3
- Price per unit
- $499,333
- Est. annual NOI
- $38,160
- 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
- $72,504
- Operating expenses
- $36,252
- Net operating income
- $36,252
- Annual debt service
- $89,696
- Annual cash flow
- -$53,444
- Cash on cash return
- -14.3%
- Down payment
- $374,500
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
- 1,931 sqft
- Lot size
- 7,837 sqft
- Year built
- 1938
- Stories
- 1
- Garage spaces
- 3
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249083186
About this property
Unbelievable income opportunity featuring 3 SEPARATE LEGAL HOMES with private garages. each fully remodeled with permitted upgrades—offering privacy, modern comforts, and immediate cash flow.The Main Residence: 1300 S Primrose Ave, with 4 Rooms, 2 Bath & Private Garage. Brand-new, lovely interior renovation with bright, modern finishes. An owner-occupant looking for a spacious, move-in-ready home while neighboring units offset the mortgage! Unit #2: 2310 Front St, with 2 Rooms, 1 Bath & Private Garage and Unit #3: 2314 Front St with 3 Rooms, 1 Bath & Private Garage. Let the $4,827 monthly income wipe out your mortgage and property taxes! Prime location just 5 mins to shopping/dining, 10 mins to CSULA/ELAC/USC Medical Center, and 20 mins to DTLA & Pasadena. High cash flow, turnkey condition, and endless possibilities—act fast!
Location
1300 S Primrose
Alhambra, Los Angeles, CA, 91803