
Deal numbers
- Est. cap rate
- 3.0%
- Assumed rent, all units
- $5,460/mo
- Units
- 3
- Price per unit
- $366,667
- Est. annual NOI
- $32,760
- 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
- $62,244
- Operating expenses
- $31,122
- Net operating income
- $31,122
- Annual debt service
- $65,865
- Annual cash flow
- -$34,743
- Cash on cash return
- -12.6%
- Down payment
- $275,000
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
- 2,921 sqft
- Lot size
- 5,104 sqft
- Year built
- 2011
- Stories
- 2
- Garage spaces
- 0
- Style
- Contemporary
- Heating
- Natural Gas,Central
- Cooling
- Central Air,ENERGY STAR Qualified Equipment
- Pool
- None
- View
- None
- Status
- Active
- Days on market
- 0
- MLS #
- 249093046
About this property
Fantastic investment opportunity or multi-generational property! This standalone triplex building features a high-demand layout with two private units upstairs and one spacious unit downstairs. Perfect for an investor looking for strong rental income or an owner-occupant wanting to live in one unit and rent out the others. Every unit is beautifully designed for maximum comfort and utility, with each featuring: 2 Bedrooms & 1 Full Bathroom, Modern Laminate Wood-Grain Flooring throughout the living rooms and bedrooms, Durable Tile Floors in all kitchens and bathrooms, Dedicated Dining Area adjacent to a fully functional kitchen, Convenient Indoor Laundry Area perfectly sized for a stackable washer and dryer, Central AC & Heating for year-round climate control, Assigned Covered Parking to protect vehicles from the elements. Whether you are looking to expand your real estate portfolio or secure a low-maintenance residential property, this turn-key triplex delivers convenience, functionality, and consistent value. . The surrounding area is exceptionally rich in local amenities, shopping hubs, and recreational spaces providing immediate access to a Target, Ross, El Super grocery store, Starbucks, and an Edwards Movie Theater, and minutes away from Atlantic Square, and the Citadel Outlets. Schedule your viewing today to see this incredible property in person!
Location
509 Belden Avenue
Los Angeles, Los Angeles, CA, 90022