$1,100,000
338 E 99th, Los Angeles CA 90003
Multi-Family (Fourplex)
Property type
1 day
On market
$368
Price per sqft
0 cars
Garage
1965
Year built
5,087 sqft
Lot size
Home highlights
Open Houses
Overview
Excellent investment opportunity to acquire a four-unit property in Los Angeles. The property consists of four 2-bedroom, 1-bathroom units with gated rear parking and one designated parking space per unit. Each unit includes a stackable washer and dryer, stove, microwave, and refrigerator. Three units are currently generating rental income with additional upside potential....
Listing provided by: Chalae Walker DRE #01354159 909-342-8356, Real Broker
Listing updated: Jun 5, 2026 at 01:40pm.
Last checked: Jun 5, 2026 at 02:00pm
Source: CRMLS #IG26116047
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 1 | — | $2,397 | $2,397 | $2,397 | Unfurnished |
| 1 | 2 | 1 | — | $2,700 | $2,700 | $2,700 | Unfurnished |
| 1 | 2 | 1 | — | $2,600 | $2,600 | $2,600 | Unfurnished |
| 1 | 2 | 1 | — | $0 | $0 | $2,700 | Unfurnished |
# of Buildings: 1
# of Units Total: 4
Separate Electric Meters: 4
Separate Gas Meters: 4
Separate Water Meters: 0
Ranges: 4
Refrigerator: 4
Rent Control: Yes
Units Leased: 3
Total Actual Rent: $7,697
Tenant Pays: Cable Tv, Electricity, Gas, Trash Collection
Financial Snapshot
Gross Rent Multiplier
8.8x
List Price / Annual Gross Rent
Cap Rate
9.77%
NOI / List Price
Gross Scheduled Income: $124,764
Operating Expense: $17,346
Net Operating Income: $107,418
Annual Operating Expenses
Cable TV: $0
Electric: $0
Furniture Replacement: $0
Gardener: $900
Fuel: $0
Insurance: $2,400
Licenses: $0
Maintenance: $0
New Taxes: $11,045
Pool: $0
Professional Management: $0
Supplies: $0
Trash: $0
Water / Sewer: $3,000
Workers Comp: $0
Interior
Interior Features: Unfurnished
Flooring: Laminate
Cooling: None
Heating: Wall Furnace
Appliances: Gas Oven, Gas Range, Microwave, Refrigerator, Water Heater
Fireplace: None
Laundry: In Kitchen, Stacked
Accessibility: Accessible Doors
Entry Location: Front
Exterior
Property Attached: Yes
Stories Total: 2
Levels: Two
Construction Materials: Drywall, Stucco
Property Condition: Turnkey
Common Walls: Two Common Walls Or More
Security Features: Smoke Detectors
Lot Features: Two To Five Units Acre
Pool: None
Spa: None
Fencing: Wrought Iron
Water Source: Public
Sewer: Public Sewer
View: None
Road Frontage Type: City Street
Garage and Parking
Parking: Carport, Electric Gate
Garage Spaces: 0
Uncovered Spaces: 4
Parking Total: 4
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6052017015
Additional Parcels: No
Tax Lot: 16
Tax Tract #: 6401
Zoning: LAR2
Tax Block: 8
Tax Tract: 6401
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Sidewalks
Nearby Schools
Nearby schools around the 338 E 99th, Los Angeles, CA 90003. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$880,000
Total Interest
$1,122,391
Total Payment
$2,002,391
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$6,858
per month
Property History for 338 E 99th
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90003.
Similar Homes
Listings with similar prices to 338 E 99th