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4401 Westdale Ave Multi-family
B+ Composite 75.65
Why this score? — see what drove the B+ grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +30.0/30.0
  • ARV discount +15.0/15.0
  • DSCR +10.0/10.0
  • 1% rule +8.4/10.0
  • Schools +3.6/10.0
  • Livability +3.4/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$995,000

4401 Westdale Ave · Los Angeles, CA 90041
3 bd · 1.0 ba · 1,120 sqft · MultiFamily public records · 23 Days on market
Built 1947 0.35 ac lot $888/sqft · 112% above area Est $1233k · 19% under

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Multi-family units

County records classify this as Multi-Family (5+ Unit). Listing-text estimate: 1 unit. estimate disagrees with records

5+ unit building — per-unit beds/baths from public records are typically unavailable; the breakdown below (if shown) is an estimate from the listing text.

Listing remarks

* * DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY * * We are proud to present a rare 5-unit investment opportunity situated on an expansive 15,360 SF lot in Eagle Rock, one of Los Angeles' most sought-after and supply-constrained submarkets. Located at 44014403 Westdale Avenue, the property is comprised of a four-unit single-story structure featuring one-bedroom/one-bathroom units, along with a detached three-bedroom/one-bathroom single-family residence complete with its own private backyard and covered garage. All five units are single-story, a highly desirable configuration rarely found in Eagle Rock. The property spans 2,947 SF of improvements on a large RD2-1 zoned parc

Key facts

  • Expansive lot
  • Private backyard
  • Covered garage

Tags

5 UNIT INVESTMENT OPPORTUNITYEXPANSIVE LOTPRIVATE BACKYARDCOVERED GARAGESINGLE STORY STRUCTURERD2-1 ZONED PARCEL

Property features AI

Finance

  • Financial info: Gross operating income: $93,840; Net operating income: $60,460; Total annual expenses: $33,380; Gross income shown as 93,840; Gross rent multiplier: 10.6; Rent control: yes; Unit rents (actual): 1-bed units shown at $5,420 total (four like units), 3-bed unit actual rent $2,400; Projected rents listed for units
  • HOA & community: Five total units in the complex; Three buildings on the lot

Exterior

  • Parking: Driveway parking; Above-street-level parking; Twelve total parking spaces
  • Utilities: Zoned LARD2
  • Home design: Residential income property; One level
  • Exterior features: Other on-site structures

Interior

  • Kitchen: Kitchens in each unit
  • Bedrooms: Four 1-bedroom units; One 3-bedroom unit
  • Bathrooms: Four 1-bath units; One 1-bath unit (3-bed unit)
  • Heating & cooling: Other heating; Other cooling
  • Interior features: Units are apartments; As-is condition
  • Laundry & utility: Laundry in unit

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath multifamily listed at $995k.

Deal economics

  • At list price, monthly cash flow is $4k ($50k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($13k rent vs $995k).
  • Recommended offer: $980k (1.5% below list) — sets the bar for market timing.
  • Cap rate 11.4% vs local median 2.1% in Los Angeles — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 68/100 on livability (#273 in CA) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment B; Watch: health & safety C-, crime F, cost of living F.
  • Los Angeles Unified (urban): math 29% / reading 54% proficiency, ranked #223 of 517 in CA (top 43%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 67% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Eagle Rock Elementary (756 students, 34% FRL); Eagle Rock High (math 47% / reading 62%, grade C-, #256 of 1,170 statewide, top 24%, 2,069 students, 48% FRL) — zoned schools average 41% FRL vs 67% district-wide (26 pts lower); this property's tenant base skews higher-income than the district average.
  • Zoned-school proficiency averages 54% at this address vs 42% district-wide (+13 pts) — the actual schools serving this property are materially stronger than the Los Angeles Unified average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents rising (+1.2%/yr); 61 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 20d on market — plan ~3-4 weeks tenant-placement turnaround); high-income renter base; 19,697 units permitted in Los Angeles County in 2024 (9,426 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $7k of loan paydown is wiped out by about $30k of value loss. Plan a longer hold.
  • Los Angeles County population projected at +9% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
  • At projected returns (-3.0% appreciation + 1.2% rent growth), your $279k cash investment doubles in ~8 years — after that, you're playing with house money.

Negotiation context

  • It's been on market 23 days — a 2% lower offer ($980k) is reasonable based on typical stale-listing flexibility.
  • 20 sale attempts since 22y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

  • Watch-outs: built in 1947 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: moderate wildfire risk; extreme-heat days projected 7→22/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $980,075 (1.5% below list)

Questions for the listing agent

  1. Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  7. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.34%
Cap rate
11.36%
Cash-on-cash
18.10%
DSCR
1.81
GRM
6.2

CMA / ARV

ARV (median comp)
$1,232,797
List price
$995,000
Delta
-19.29%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 1 sale within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
3838 W Avenue 41 0.74mi 2/2.0 (-1) 1,264 (+13%) 21mo $1,125,000 $890 17

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.22% rent growth · sell at horizon

5-year hold
IRR
7.7%
Equity multiple
1.30×
Total profit
$82,776
Equity at exit
$148,358
10-year hold
IRR
15.5%
Equity multiple
2.16×
Total profit
$323,305
Equity at exit
$86,029

Cash invested: $278,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (CITY)
0 Strongly Tenant-Friendly
State California
18 Strongly Tenant-Friendly · D+13
County
— inherits STATE
City Los Angeles
0 Strongly Tenant-Friendly · D+22
LARSO + JCEO 2023; relocation for substantial remodel evictions.

ZIP-level market 90041

Rents YoY
1.2%
Active inventory
61
Price-to-rent
33.1×

Monthly cashflow live

Estimated rent
$13,309 high interval (Pro) →
Mortgage (P&I)
$5,218
Tax from tax record
$680 /mo · $8,165/yr
Insurance
$415
HOA
$0
Vacancy / Maint / Mgmt
$2,795
Net cashflow
$4,201

Break-even live

Break-even rent $7,991
Max offer price $995,000
Occupancy floor 63%

Sensitivity live

Price -10% $4,764 -5% $4,483 +0% $4,201 +5% $3,920 +10% $3,638
Rent -10% $3,150 -5% $3,675 +0% $4,201 +5% $4,727 +10% $5,253
Rate -1.0pp $4,702 -0.5pp $4,454 base $4,201 +0.5pp $3,943 +1.0pp $3,681

5-unit breakdown (identical units grouped — click to expand)

UnitsBedsBathsEst. rent
1× unit 3 1 $3,276
Total (5 units) $13,309

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$248,750
Closing costs
$29,850
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
4609 Ellenwood Dr Unit 201 Eagle Rock, CA 2.0 1.0 848 $2,300 $2.71 9d 1 0.09mi
4547 Eagle Rock Blvd Los Angeles, CA 2.0 2.0–2.5 1054 $3,425 $3.25 19d 4 0.18mi
4526 Eagle Rock Blvd #4 Los Angeles, CA 3.0 2.5 1272 $3,350 $2.63 20d 1 0.24mi
1720 North Avenue 45 Los Angeles, CA 2.0 1.0 800 $3,200 $4.00 17d 1 0.25mi
2057 Norwalk Ave Los Angeles, CA 2.0 2.0 823 $3,000 $3.65 26d 1 0.32mi
4441 Alumni Ave Los Angeles, CA 3.0 2.0 1360 $7,250 $5.33 9d 1 0.36mi
1561 Hazelwood Ave Los Angeles, CA 2.0 1.0 1220 $3,800 $3.11 26d 1 0.40mi
4307 York Blvd Los Angeles, CA 2.0 2.0 1443 $6,000 $4.16 9d 1 0.51mi
2734 Lytelle Pl Los Angeles, CA 2.0 1.0 702 $2,700 $3.85 45d 1 0.52mi
4139 W Avenue 42 Los Angeles, CA 3.0 2.0 1064 $4,500 $4.23 45d 1 0.56mi
4353 Toland Way Los Angeles, CA 2.0 2.0 1000 $2,995 $3.00 45d 1 0.56mi
3821 W Avenue 43 Los Angeles, CA 1.0–2.0 1.5–2.0 840 $3,250 $3.87 5d 2 0.58mi
4958 N Maywood Ave Los Angeles, CA 2.0 1.0 850 $2,595 $3.05 9d 1 0.59mi
4309 Toland Way Los Angeles, CA 3.0 2.0 1081 $4,795 $4.44 4d 1 0.63mi
4313 Toland Way Eagle Rock, CA 2.0 1.0 780 $2,300 $2.95 45d 1 0.63mi
4310 Toland Way Los Angeles, CA 2.0 1.0 744 $3,395 $4.56 6d 1 0.65mi
1829 Fair Park Ave Los Angeles, CA 2.0 1.0 1064 $3,995 $3.75 16d 1 0.69mi
5144 Rockland Ave Los Angeles, CA 3.0 2.0 1400 $4,995 $3.57 45d 1 0.76mi
3014 Sagamore Way Los Angeles, CA 2.0 1.0 1022 $5,500 $5.38 5d 1 0.77mi
3014 Sagamore Way Los Angeles, CA 2.0 1.0 1011 $5,800 $5.74 26d 1 0.77mi
5163 El Rio Ave Eagle Rock, CA 2.0 1.0 768 $3,750 $4.88 22d 1 0.80mi
1223 North Avenue 45 Unit 3/4 Eagle Rock, CA 2.0 2.5 1200 $5,250 $4.38 0d 1 0.80mi
2455 Colorado Blvd Los Angeles, CA 2.0 1.0–2.0 790 $3,800 $4.81 1d 2 0.80mi
4921 La Roda Ave Unit 1 Eagle Rock, CA 2.0 1.0 1000 $3,599 $3.60 26d 1 0.83mi
4221 Verdugo Rd Los Angeles, CA 1.0–2.0 1.0 725 $2,595 $3.58 3d 4 0.84mi
1130 El Paso Dr Los Angeles, CA 3.0 2.0 1292 $6,500 $5.03 45d 1 0.86mi
1523 E Windsor Rd Unit 105B Glendale, CA 2.0 1.5 1079 $2,950 $2.73 15d 1 0.88mi
4819 Vincent Ave Los Angeles, CA 2.0 1.0 800 $3,500 $4.38 45d 1 0.90mi
4826 Hub St Unit 1 Los Angeles, CA 3.0 3.0 1460 $5,000 $3.42 26d 1 0.90mi
5046 La Roda Ave Unit 1 Los Angeles, CA 3.0 2.0 1200 $5,100 $4.25 45d 1 0.96mi
4435 Caledonia Way Los Angeles, CA 2.0 1.0 1136 $4,500 $3.96 45d 1 0.99mi
1416 E Windsor Rd Glendale, CA 2.0 2.0 1100 $2,995 $2.72 26d 1 1.00mi
3928 Ackerman Dr Los Angeles, CA 3.0 2.5 1364 $4,895 $3.59 26d 1 1.01mi
411 Lincoln Ave Glendale, CA 2.0 2.0 900 $2,662 $2.96 14d 2 1.03mi
1522 Dixon St Unit 8 Glendale, CA 2.0 2.0 800 $3,150 $3.94 3d 1 1.05mi
5206 Range View Ave Los Angeles, CA 2.0 1.5 900 $3,950 $4.39 45d 1 1.05mi
1597 Grandola Ave Los Angeles, CA 2.0 1.0 896 $3,570 $3.98 45d 1 1.06mi
5213 Meridian St Unit 5 Highland Park, CA 2.0 1.0 850 $2,500 $2.94 9d 1 1.09mi
1377 E Windsor Rd Glendale, CA 1.0–2.0 1.0 825 $2,799 $3.39 1d 4 1.10mi
5227 Eagle Dale Ave #2 Los Angeles, CA 3.0 2.5 1400 $4,195 $3.00 9d 1 1.12mi

Listing history 38 events

  1. 2026-04-28
    listed $995,000 Active 2224-char remark
  2. 2021-02-01
    listed Active
  3. 2020-08-03
    status Active
  4. 2020-07-08
    listed Active
  5. 2020-07-07
    price
  6. 2020-02-12
    listed Active
  7. 2017-01-24
    historical Hold Do Not Show
  8. 2017-01-24
    historical
  9. 2016-10-20
    status Active
  10. 2016-10-20
    price $1,250,000
  11. 2016-10-13
    historical
  12. 2016-08-17
    listed $1,500,000 Active
  13. 2016-08-17
    listed $1,250,000
  14. 2016-05-31
    historical
  15. 2016-05-31
    historical
  16. 2016-01-27
    listed $1,249,900 Active
  17. 2016-01-27
    listed $1,249,900
  18. 2016-01-21
    historical
  19. 2016-01-21
    historical
  20. 2015-11-23
    price $1,249,900
  21. 2015-07-21
    listed $1,400,000 Active
  22. 2015-07-21
    listed $1,249,900
  23. 2014-04-21
    historical Hold
  24. 2014-01-13
    listed $985,000 Active
  25. 2014-01-12
    historical
  26. 2013-09-20
    listed $985,000 Active
  27. 2006-05-24
    historical
  28. 2006-03-06
    historical
  29. 2006-03-06
    historical
  30. 2006-02-24
    listed
  31. 2006-02-24
    listed $819,000
  32. 2006-02-24
    listed $819,000
  33. 2004-10-26
    historical
  34. 2004-09-22
    historical
  35. 2004-09-22
    historical
  36. 2004-02-25
    listed
  37. 2004-02-25
    listed $779,500
  38. 2004-02-25
    listed $779,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

Current annual tax
$8,165 · $680/mo
Projected year-2 tax
$8,165 · $680/mo
Expected delta
$0/yr ($0/mo · -0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
  • 🔥 Wildfire 5/10 Major
  • 🌡 Heat 6/10 Major 7 d/yr ≥97°F today · 22 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 6/10 Major 11 unhealthy d/yr today · 12 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$159,708
− Mortgage interest
−$55,735
− Property taxes
−$8,165
− Insurance
−$4,975
− Repairs & maintenance
−$12,777
− Management
−$12,777
− Depreciation
−$28,945
Taxable income
$36,333
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$8,720
After-tax cash flow
$41,694/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Los Angeles Unified
NCES district ID
0622710
Math proficiency
29% ▼ -4.00%
Reading proficiency
54% ▲ 10.00%
Median HH income
$50,403
Composite
35.67/100
National rank
#4875
State rank
#223 of 517 in CA

Livability — Los Angeles

Score
68/100
State rank
#273
US rank
#9237

Category grades

Amenities A+ Commute A+ Cost of living F Crime F Employment B Housing B- Health & safety C- User ratings C-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Los Angeles, CA
County
Los Angeles County · 9,444,647 people
City population
3,838,149
Metro
Los Angeles-Long Beach-Anaheim, CA
Population (ZIP)
27,920
Household income
$114,526
Rent vs Own
45.4% rent · 54.6% own
Severe rent burden
1107.0

Population outlook (Los Angeles County) Hauer SSP2

Today (2025)
10,940,515 people
By 2030
11,256,481 · +2.9%
By 2040
11,729,929 · +7.2%
By 2050
11,948,407 · +9.2%
By 2075
11,818,114 · +8.0%
By 2100
10,842,928 · -0.9%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.72)
Race & ethnicity
Hispanic / Latino 33% White 33% Asian 25% Two or more races 17% Black 2% Native American 1%
Hispanic origin (detail)
Mexican 23%
Common ancestry
Lithuanian 2% Scotch-Irish 2% Romanian 2%
Foreign-born
30% · Canada, China, South Korea
Languages at home
57% English-only · Spanish 20% Tagalog/Filipino 14% Other Indo-European 4%

Political lean MEDSL · Los Angeles

2024 margin
Solid D (+32.9) · D 64.8% · R 31.9% · Other 3.3%
2008→2024 swing
-7.4pp toward R · 2008: 40.4pp · 2024: 32.9pp
All cycles
2024: D+32.9 2020: D+44.2 2016: D+48.0 2012: D+40.0 2008: D+40.4

Not yet ingested

Civics

Market trends

HPI YoY
▼ -906.86%
Current HPI
521.7291
Rent YoY
▲ 1.22%
Metro
Los Angeles-Long Beach-Anaheim, CA
State GDP YoY
▲ 3.21%
F500 in state
116

Industry mix (Fortune 500 HQ in CA)

Industry F500 HQs Revenue

Price history

+39.2% since first listed
41 events — show timeline
  • 2026-06-01 Sold (Public Records) $1,085,000 Public Records
  • 2026-06-01 Sold (MLS) $1,085,000 TheMLS
  • 2026-05-21 Pending TheMLS
  • 2026-04-28 Listed $995,000 TheMLS
  • 2021-02-01 Listed TheMLS
  • 2020-08-03 Relisted TheMLS
  • 2020-07-08 Listed TheMLS
  • 2020-07-07 Price Changed TheMLS
  • 2020-02-12 Listed TheMLS
  • 2017-01-24 Listing Removed SDMLS
  • 2017-01-24 Delisted CRMLS
  • 2016-10-20 Relisted CRMLS
  • 2016-10-20 Price Changed $1,250,000 CRMLS
  • 2016-10-13 Listing Removed CRMLS
  • 2016-08-17 Listed $1,500,000 CRMLS
  • 2016-08-17 Listed $1,250,000 SDMLS
  • 2016-05-31 Listing Removed SDMLS
  • 2016-05-31 Listing Removed CRMLS
  • 2016-01-27 Listed $1,249,900 CRMLS
  • 2016-01-27 Listed $1,249,900 SDMLS
  • 2016-01-21 Listing Removed SDMLS
  • 2016-01-21 Listing Removed CRMLS
  • 2015-11-23 Price Changed $1,249,900 CRMLS
  • 2015-07-21 Listed $1,400,000 CRMLS
  • 2015-07-21 Listed $1,249,900 SDMLS
  • 2014-04-21 Delisted CRMLS
  • 2014-01-13 Listed $985,000 CRMLS
  • 2014-01-12 Listing Removed CRMLS
  • 2013-09-20 Listed $985,000 CRMLS
  • 2006-05-24 Listing Removed CRMLS
  • 2006-03-06 Listing Removed CRMLS
  • 2006-03-06 Delisted TheMLS
  • 2006-02-24 Listed $819,000 CRMLS
  • 2006-02-24 Listed $819,000 CRMLS
  • 2006-02-24 Listed TheMLS
  • 2004-10-26 Listing Removed CRMLS
  • 2004-09-22 Listing Removed CRMLS
  • 2004-09-22 Delisted TheMLS
  • 2004-02-25 Listed $779,500 CRMLS
  • 2004-02-25 Listed $779,500 CRMLS
  • 2004-02-25 Listed TheMLS

Property tax history

+1.8%/yr

Latest (2025): $8,165 · +2.0% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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