7101 alabama ave
DOM: 12Active36% Upside
|# Units||Beds||Baths||Current Rent||Market Rent|
|total monthly rent||$19,156||$26,000 +36%|
Conventional Financing (estimated)
* As a percentage of the the down payment
Adjust the monthly rent below to see the Minted Estimate.
PadMint's Minted Estimate provides an estimated property value based on current market conditions and income data.
Similar Nearby Properties
Listing VS Assessor
Sometimes the information from the listing doesn't match the information sourced from the county assessor. View the table below to see how the information compares.
|Field||Value From Listing||Value From Assessor|
|# of Units||23||23|
7101 Alabama Avenue is a twenty three unit multi-family building in Los Angeles, CA 91303. This 6,125 square foot building sits on a 7,504 square foot lot zoned as LAC2 and features twenty three studios units. This property was built in 1963 and is currently fully occupied. At its current asking price of $3,000,000 and current estimated monthly income of $19,156, this investment opportunity has an estimated CAP rate of 4.36% and an estimated GRM of 13.05.
Disclaimer: PadMint Inc. makes no warranty or representation about the content of the PadMint website. This information has been secured from sources we believe to be reliable, however all references to square footage, age, rents, projected rents, zoning, number of legal units and similar property-specific details should be considered approximations. Buyer must verify the information and bears all risk for any inaccuracies. This advertisement is not intended as a solicitation if your property is currently listed with another brokerage.
“Market rents are merely estimates by PadMint Inc. and may take into account substantial renovations. Seller and broker do not warrant or guarantee the stated estimated market rent. Buyer should use their own estimate of market rents. The information contained herein has been obtained from sources we deem reliable but is not guaranteed. Prospective buyers are advised to independently verify accuracy and to review any disclosure information on file with this office. Buyer to confirm unit and building measurements. PadMint Inc. does not warrant the accuracy of any representations of size of units, size of building or lot size.”
Note: The above expenses and vacancy factor are estimated only, based partly on industry standards. All prospective buyers should determine their own numbers for all expenses and the vacancy factor.