Est. cap rate

3.8%

Assumed rent, all units

$9,240/mo

Units

4

Price per unit

$362,500

Est. annual NOI

$55,440

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.

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

2,973 sqft

Lot size

5,961 sqft

Year built

1905

Stories

2

Garage spaces

4

Heating

None

Cooling

None

Pool

None

View

City Lights

Status

ComingSoon

Days on market

0

MLS #

249373804

About this property

This Great and Potential, well maintained Fourplex, with a great area, located in the heart of Mid-City Los Angeles, one of the most centrally positioned and consistently in demand rental corridors in the city. 1661 Arlington Ave, offer a big lot of 5973sft and 2961sft, with 2 detached buildings. The front building has two spacious units: #1661---- 1 bedroom and 1 bath, big ling room, with a laundry room. Unit #1661 1/2 with 2 bedrooms and 1 bath, big living and spacious Landry room. (This unit is currently vacant, and in the process of remodeled, and updated the electrical and part of the plumbing. This Unit will be delivery vacant. The rear building, offer, 2 spacious units, with 1 bedroom and 1 bath each. Each unit includes 1 garage in the rear building. The property has 4 separates gas Metters, 4 electric matters and 1 wetter matter.

Location

1661 Arlington Ave

Los Angeles, Los Angeles, CA, 90019