Spacious Triplex Near
For Sale
$999,990
1254 S Mcbride, Los Angeles, CA 90022
Triplex with strong rental potential near schools and shopping.
Property Size2,036 SF
Price / SF$499
Days on Market189
Property Features for 1254 S Mcbride
General Information
Standard status
Active
Size
2,036 SF
Property subtype
Triplex
Building Details
Building Size
2,036 SF
Year Built
1948
Listing Agency:
Excellence RE Real Estate, Inc.
Listed By:
Paula Arroyo · License #00970034
(562) 863-2121
Source:
Archetyperealty
Added: Mar 8
Changed: Sep 11
Last Checked: Sep 12 at 7:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Excellence RE Real Estate, Inc.
Investment Insights
Based on property information with market context.
This triplex property offers over 2,000 square feet of living space. The front unit features 2 bedrooms and 1 bathroom, while the middle and rear units each offer 1 bedroom and 1 bathroom. The property is conveniently located near schools, shopping, and local amenities. It presents a great investment opportunity with strong rental potential. The location is considered very walkable with a score of 79, and has good transit with a score of 63. The bike score is 43, indicating it is somewhat bikeable.
Key Highlights
- Spacious triplex with over 2,000 sq. ft. of living space.
- Strong rental potential, making it a great investment opportunity.
- Convenient location near schools, shopping, and local amenities.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$45,864
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,280
$917.3K
Cap Rate 7%
$655,200
$655.2K
Cap Rate 9%
$509,600
$509.6K
Market Conditions
NOI Build-Up for 2,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$67.2K $33.60/SF
− Vacancy
−$1.7K −$0.84/SF
EGI
$65.5K $32.76/SF
− OpEx
−$19.7K −$9.83/SF
NOI
$45.9K $22.93/SF
Area
ZIP 90022
Vacancy
2.50%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$917,280
Cap Rate 7%
$655,200
Cap Rate 9%
$509,600
Alternative Uses
Best Use
Multifamily LT 5
$655.2K
$573.3K – $764.4K
NOI $45,864 @ 7.0% cap · market cap 4.59%
Second Best
Apartment 5plus
$597.3K
$522.7K – $696.9K
NOI $41,813 @ 7.0% cap · market cap 4.18%
Theoretical Best
Office A
$814.9K
$713.0K – $950.7K
NOI $57,041 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,492
Businesses Nearby
Explore this area
Business Placement
Demographics for 90022, CA
64,517
Population
17,845
Households
3.6
Avg Household Size
34
Median Age
10%
College-Educated
56%
High-School Grad
4.4 sq mi
ZIP Area
14,663
Density / Sq Mi
$67,829
Median Household Income
$32,304
Median Earnings
$1,407
Median Rent
$603,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Triplex with strong rental potential near schools and shopping.
Where is this triplex located?
The property is located at 1254 S Mcbride Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,990.
What are key features of this property?
This property features: Spacious triplex with over 2,000 sq. ft. of living space.; Strong rental potential, making it a great investment opportunity.; Convenient location near schools, shopping, and local amenities.
