Est. cap rate

8.9%

Assumed rent, all units

$7,400/mo

Units

4

Price per unit

$125,000

Est. annual NOI

$44,400

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

2,280 sqft

Lot size

9,444 sqft

Year built

1943

Stories

1

Garage spaces

1

Pool

None

Status

Active

Days on market

0

MLS #

249376026

About this property

***EXCEPTIONAL INVESTMENT OPPORTUNITY*** FOR THE SAVVY INVESTOR SEEKING VALUE-ADD POTENTIAL! SITUATED ON A HUGE LOT, THIS UNIQUE FOUR-UNIT PROPERTY FEATURES FOUR SEPARATE STRUCTURES AND PLENTY OF ON-SITE PARKING, OFFERING AN EXCITING OPPORTUNITY TO RENOVATE, REPOSITION, AND UNLOCK ITS FULL INVESTMENT POTENTIAL. THE PROPERTY REQUIRES SUBSTANTIAL REPAIRS AND REFLECTS SIGNIFICANT DEFERRED MAINTENANCE, MAKING IT AN IDEAL PROJECT FOR AN INVESTOR PREPARED TO UNDERTAKE A COMPREHENSIVE RENOVATION. PROPERTY IS BEING SOLD STRICTLY IN ITS PRESENT AS-IS CONDITION. ALL FOUR UNITS ARE CURRENTLY OCCUPIED BY LONG-TERM TENANTS ON MONTH-TO-MONTH RENTAL AGREEMENTS, PROVIDING EXISTING RENTAL INCOME FROM DAY ONE. ADVERTISED RENTAL FIGURES REFLECT ACTUAL CURRENT RENTS. IDEALLY SITUATED IN A DESIRABLE COMPTON LOCATION NEAR CITY HALL, SHOPPING, EVERYDAY CONVENIENCES, MAJOR FREEWAY ACCESS, AND METRO RAIL TRANSPORTATION. A COMPELLING OPPORTUNITY TO ACQUIRE A MULTI-UNIT PROPERTY WITH AN EXPANSIVE LOT, FOUR INDIVIDUAL STRUCTURES, AND TREMENDOUS POTENTIAL FOR FUTURE IMPROVEMENT AND LONG-TERM INVESTMENT RETURNS. BRING YOUR VISION AND CAPITALIZE ON THIS EXCITING VALUE-ADD OPPORTUNITY!

Location

905 N Willowbrook

Compton, Los Angeles, CA, 90220