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Triplex at 1347 Mohawk
$1,700,000
1347 Mohawk
Los Angeles, Los Angeles, 90026
Triplex · 3 units
Active · 0 days on market

Deal numbers

Est. cap rate
2.4%
Assumed rent, all units
$6,930/mo
Units
3
Price per unit
$566,667
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.

5.0%
50%
25%
7.00%
Effective gross income
$79,002
Operating expenses
$39,501
Net operating income
$39,501
Annual debt service
$101,791
Annual cash flow
-$62,290
Cash on cash return
-14.7%
Down payment
$425,000

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
4
Building size
2,730 sqft
Lot size
7,499 sqft
Year built
1907
Stories
1
Garage spaces
4
Pool
None
Status
Active
Days on market
0
MLS #
249309059

About this property

3 Unit Residential income property plus a newly-built 1 br 1 ba ADU. Located in a nice, quiet neighborhood near Silver Lake and Echo Park. Close to Downtown Los Angeles. It has front security gate and automatic back gate. It has great income potential especially for investors. The property is surrounded with tropical fruts, it has a 2 -car detached garage and ample parking space for additional cars. All units have AC/heat, dishwasher and one of the units hs a patio. Close to shopping, restaurants, trnsportation and easy freeway access.

Location

1347 Mohawk

Los Angeles, Los Angeles, CA, 90026

Ask Alex about this property

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Alex Duarte, DRE# 01970077, First Team Real Estate

1347 Mohawk, Los Angeles CA | Multifamily for Sale