Deal numbers
- Est. cap rate
- 3.6%
- Assumed rent, all units
- $6,930/mo
- Units
- 3
- Price per unit
- $383,333
- Est. annual NOI
- $41,580
- 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
- $79,002
- Operating expenses
- $39,501
- Net operating income
- $39,501
- Annual debt service
- $68,859
- Annual cash flow
- -$29,358
- Cash on cash return
- -10.2%
- Down payment
- $287,500
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
- 2,253 sqft
- Lot size
- 6,500 sqft
- Year built
- 1905
- Stories
- 2
- Garage spaces
- 0
- Pool
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249088362
About this property
Prime Echo Park investment opportunity at 1922 Santa Ynez St! This attractive triplex sits on a generous ~6,500 sq. ft. lot just blocks from Sunset Boulevard and Echo Park Lake, featuring three separate units (two 3BR/1BA units and one 2BR/1BA unit) with separate utility meters, ample on-site parking, with strong rental upside and ADU expansion potential. Ideal for generating passive income or a value-add investor aiming to capitalize on one of Los Angeles's most vibrant and walkable central neighborhoods.
Location
1922 Santa Ynez Street
Los Angeles, Los Angeles, CA, 90026