Deal numbers
- Est. cap rate
- 3.9%
- Assumed rent, all units
- $7,280/mo
- Units
- 4
- Price per unit
- $282,250
- Est. annual NOI
- $43,680
- 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
- $82,992
- Operating expenses
- $41,496
- Net operating income
- $41,496
- Annual debt service
- $67,601
- Annual cash flow
- -$26,105
- Cash on cash return
- -9.2%
- Down payment
- $282,250
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
- 2,880 sqft
- Lot size
- 2,841 sqft
- Year built
- 1941
- Stories
- 2
- Garage spaces
- 4
- Heating
- Ductless
- Cooling
- Ductless
- Pool
- None
- View
- Neighborhood
- Status
- Active
- Days on market
- 1
- MLS #
- 249174997
About this property
Excellent investment opportunity in Los Angeles to own a well-maintained four-unit property in Los Angeles. The property features 2 studio units and two one-bedroom units, all fully occupied and generating rental income at market rents. Each unit has been tastefully updated, offering comfortable, refreshing living spaces for the tenants. Additional upgrades include mini-split heating and AC systems for added comfort and efficiency. The property also offers exciting future upside with the potential to convert the garages into two additional ADU's. The property has 2 separate APN numbers.
Location
5408 Via Corona Street
Los Angeles, Los Angeles, CA, 90022