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Triplex at 509 Belden Avenue
$1,100,000
509 Belden Avenue
Los Angeles, Los Angeles, 90022
Triplex · 3 units
Active · 0 days on market

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.

5.0%
50%
25%
7.00%
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

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

509 Belden Ave, Los Angeles CA | Multifamily for Sale