
Deal numbers
- Est. cap rate
- 4.5%
- Assumed rent, all units
- $7,280/mo
- Units
- 4
- Price per unit
- $244,975
- 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
- $58,674
- Annual cash flow
- -$17,178
- Cash on cash return
- -7.0%
- Down payment
- $244,975
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
- 3,224 sqft
- Lot size
- 6,570 sqft
- Year built
- 1927
- Stories
- 2
- Garage spaces
- 0
- Heating
- Wall Furnace
- Pool
- None
- Status
- Active
- Days on market
- 1
- MLS #
- 249191472
About this property
MUST-SEE INVESTMENT OPPORTUNITY! This well-maintained fourplex shows true pride of ownership and offers excellent income potential. Ideally located with convenient access to the 710, 5, and 60 freeways, as well as Downtown Los Angeles, the property features four generously sized units. Recent improvements include a newer roof, fresh exterior paint, and two remodeled units. A standout feature is the secure, fenced parking area with space for eight vehicles. The gated lot is accessible only by remote control, with each tenant provided their own remote. Each unit is separately metered for gas, water, and electricity. The owner currently pays only for water and insurance, property tax covers trash. A strong income-producing property in a highly accessible location!
Location
759 S Ford
Los Angeles, Los Angeles, CA, 90022