Los Angeles CA Multi Family for Sale
- Type:
- Triplex
- Sq.Ft.:
- 5,009
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1948
- Baths:
- MLS#:
- SB24040245
ADDITIONAL INFORMATION
HUGE PRICE IMPROVEMENT !!!! Discover an exceptional chance to own a legal triplex in LA, situated just 10 minutes from Sofi Stadium. This property allows for two of the units to be delivered completely vacant for immediate income. Each unit features its own 1-car garag. With separate gas and electricity meters for utility billing convenience and a long driveway for extra parking, this triplex offers both investment potential and owner-occupancy benefits. Its prime location and ample amenities make it a standout opportunity for a higher-than-average return on investment or a smart way to cover the mortgage.
- Type:
- Single Family
- Sq.Ft.:
- 1,600
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.08 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- DW24063655
ADDITIONAL INFORMATION
brand new construction front sfr 3 bed 3 bath plus 1 bed 1 bath ADU above 2 car garage at rear
$1,500,000
7111 Cimarron Street Los Angeles, CA 90047
- Type:
- Mixed Use
- Sq.Ft.:
- 4,350
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1956
- Baths:
- MLS#:
- SR25002514
ADDITIONAL INFORMATION
Fantastic investment opportunity to own 8 unit building in south Los Angeles. The property is conveniently located on the corner of Florence Ave and walking distance to restaurants and shopping. Property features upstairs and downstairs units, 5 of the units are open one bedroom studios and the remaining 3 units feature one bedroom one bath. Property is gated in the front creating a beautiful courtyard and rooftop balcony for entertaining or relaxation for all tenants. Location is close to LAX airport, SoFi Stadium, Kia Forum and 13 miles from the coastline and beach. Potential upside via renovations to maximize long term investment.
- Type:
- Duplex
- Sq.Ft.:
- 1,398
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.16 Acres
- Year built:
- 1930
- Baths:
- MLS#:
- CV25001725
ADDITIONAL INFORMATION
Located in a desirable area of Los Angeles, this duplex has great potential for the right buyer. The front unit consists of one bedroom and one bath with a sunken living room and kitchen. Wall partition added in living room. Rear unit has several wall partitions creating additional bedrooms. Each unit has their own private spacious yard with private entrance. Attached to the garage is an unpermitted unit. Possible ADU. Several matured fruit trees. Close to shops and schools. Must see.
- Type:
- Cluster
- Sq.Ft.:
- 1,582
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.08 Acres
- Year built:
- 1924
- Baths:
- 3.00
- MLS#:
- 25475465
ADDITIONAL INFORMATION
Great Income property for first time or seasoned investors. Located near University of Southern California (USC) & short drive to Crypo Arena, Downtown LA. Great for long term hold. Upside in rents. Total current gross rent per month = $4790. Front unit is 2 bedroom/1 bath with a home like feel. In the back attached by 1 wall only you have a 1 bedroom/1 bath unit. The 3rd unit is a detached studio with 1 bathroom. Property has alley access. Owners pays for tenants utilities. There is 1 general meter on the property for water, Trash, electric, & gas. You get a three unit property for the price of a small condo in Los Angeles. *Buyer and Buyer agent to verify square footage, bedroom count, permits, & income and expense information to satisfy themselves.* Property is being sold "As Is". Units can be shown upon accepted offer.
$642,000
59th Pl Los Angeles, CA 90047
- Type:
- Other
- Sq.Ft.:
- 1,582
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.08 Acres
- Year built:
- 1924
- Baths:
- 3.00
- MLS#:
- 25-475465
ADDITIONAL INFORMATION
Great Income property for first time or seasoned investors. Located near University of Southern California (USC) & short drive to Crypo Arena, Downtown LA. Great for long term hold. Upside in rents. Total current gross rent per month = $4790. Front unit is 2 bedroom/1 bath with a home like feel. In the back attached by 1 wall only you have a 1 bedroom/1 bath unit. The 3rd unit is a detached studio with 1 bathroom. Property has alley access. Owners pays for tenants utilities. There is 1 general meter on the property for water, Trash, electric, & gas. You get a three unit property for the price of a small condo in Los Angeles. *Buyer and Buyer agent to verify square footage, bedroom count, permits, & income and expense information to satisfy themselves.* Property is being sold "As Is". Units can be shown upon accepted offer.
- Type:
- Cluster
- Sq.Ft.:
- 1,824
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1927
- Baths:
- 3.00
- MLS#:
- 24467531
ADDITIONAL INFORMATION
Desirable Manchester Square Triplex, owned and cared for by the same family since 1961. Some electrical has been updated and the entire property was tented in April 2024. The lot is large and presents many scenarios for the property such as adding an ADU or an additional unit along with a new garage. The original garage is a separate structure and is not functional currently. The location is very convenient just a short ride to Inglewood, Sofi Stadium, Crypto Arena and LAX. The 2028 Olympics are coming! One unit is rented and two are vacant and ready to go! FRONT 1526 is a 1+1 and is in good but original condition with some charm from the past. The floorplan is a mirror image of 1528. Also included is a separate one car garage and generous driveway parking. This unit is occupied, and the tenant is paying market rent. MIDDLE 1528 is a bright and sunny 1+1 and has been partially updated with a tankless water heater and new ash colored laminate flooring throughout. It has been freshly painted, and some windows are new. There is a formal dining room (could be an office), kitchen with new stove/range and a separate laundry room with hook ups. This unit has a separate one car garage and generous driveway parking. REAR 1530 is a small 2+1 standalone unit with a modern feel. It has newer ash colored laminate flooring throughout and a new tankless water heater. The kitchen is open to the living area and includes a stainless fridge and oven/range with hood. I have an additional virtual tour of the other unit which is available upon request. I can only add one here. Don't miss out on this deal!. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS. SHOWN TO QUALIFIED BUYERS BY APPOINTMENT ONLY.
$899,000
83rd St Los Angeles, CA 90047
- Type:
- Other
- Sq.Ft.:
- 1,824
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.15 Acres
- Year built:
- 1927
- Baths:
- 3.00
- MLS#:
- 24-467531
ADDITIONAL INFORMATION
Desirable Manchester Square Triplex, owned and cared for by the same family since 1961. Some electrical has been updated and the entire property was tented in April 2024. The lot is large and presents many scenarios for the property such as adding an ADU or an additional unit along with a new garage. The original garage is a separate structure and is not functional currently. The location is very convenient just a short ride to Inglewood, Sofi Stadium, Crypto Arena and LAX. The 2028 Olympics are coming! One unit is rented and two are vacant and ready to go! FRONT 1526 is a 1+1 and is in good but original condition with some charm from the past. The floorplan is a mirror image of 1528. Also included is a separate one car garage and generous driveway parking. This unit is occupied, and the tenant is paying market rent. MIDDLE 1528 is a bright and sunny 1+1 and has been partially updated with a tankless water heater and new ash colored laminate flooring throughout. It has been freshly painted, and some windows are new. There is a formal dining room (could be an office), kitchen with new stove/range and a separate laundry room with hook ups. This unit has a separate one car garage and generous driveway parking. REAR 1530 is a small 2+1 standalone unit with a modern feel. It has newer ash colored laminate flooring throughout and a new tankless water heater. The kitchen is open to the living area and includes a stainless fridge and oven/range with hood. I have an additional virtual tour of the other unit which is available upon request. I can only add one here. Don't miss out on this deal!. DO NOT WALK ON THE PROPERTY OR DISTURB TENANTS. SHOWN TO QUALIFIED BUYERS BY APPOINTMENT ONLY.
- Type:
- Duplex
- Sq.Ft.:
- 1,112
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1921
- Baths:
- MLS#:
- DW24145920
ADDITIONAL INFORMATION
Welcome to 1723 W 59th Place, a charming 2 home property w/privacy fence between both homes. located in the heart of South Los Angeles, just 2.7 miles from Exposition Park. This property is a rare find for investors and homeowners alike, offering a unique opportunity to own a piece of Los Angeles real estate in a highly sought-after neighborhood. Just 2.7 miles from Exposition Park, home to the Natural History Museum of Los Angeles, LA Memorial Coliseum, the soon to open Lucas Museum of Narrative Art and many more. Public transportation, including the Metro Expo Line and major highways.
$1,325,000
1714 Florence Avenue Los Angeles, CA 90047
- Type:
- Cluster
- Sq.Ft.:
- 3,622
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.07 Acres
- Year built:
- 1946
- Baths:
- 4.00
- MLS#:
- 24463465
ADDITIONAL INFORMATION
This is a great opportunity to generate positive cash flow. It's a fourplex plus a storefront that can be used in various ways. Three units were updated with new flooring, countertops, and cabinets. This property is also ideal for a non-profit business. It is centrally located to downtown, the airport, and the 110/105 freeways. All offers are to be submitted subject to inspection.
$1,077,000
6254 Van Ness Avenue Los Angeles, CA 90047
- Type:
- Cluster
- Sq.Ft.:
- 3,328
- Status:
- Active
- Beds:
- 5
- Lot size:
- 0.17 Acres
- Year built:
- 1926
- Baths:
- 4.00
- MLS#:
- 24459397
ADDITIONAL INFORMATION
Welcome to 6254 South Van Ness Avenue, a distinctive two-story, four-unit building nestled in the vibrant heart of Los Angeles. This exceptional property offers a unique blend of modern living and timeless charm, making it an ideal choice for the discerning investor or homeowner seeking versatility and space.Spanning an impressive 3,328 square feet, this property features a total of four units. Upon entry, you're greeted by a welcoming foyer that sets the tone for the rest of the property. The primary unit boasts two bedrooms and one bathroom, providing ample space for comfortable living along with a spacious living room with an imitation gas fireplace and separate dining area. The kitchen in this unit is equipped with a built-in microwave, dishwasher, and garbage disposal for your convenience.Each of the three additional units offers one bedroom and one bathroom, making them ideal for rental opportunities or extended family living. The expansive lot, measuring 7,448 square feet, includes a beautiful back yard deck draped with a fruitful lemon/lime tree that leads to a delightful yard adorned with a mature pomegranate tree. This serene outdoor retreat also features a charming bird bath and a custom stone pond, ready to be filled with flowing water and aquatic life.Practicality meets convenience with a dedicated laundry room on the premises next to sizable storage unit. With four car garages, one of which is cleverly converted into an additional storage area, this ample parking ensures an extra layer of convenience for residents and guests alike. Two units will be delivered vacant. This property is a wise investment in a sought-after location, offering both comfort and potential for future growth. Experience the perfect balance of modern amenities and classic charm at 6254 South Van Ness Avenue. Don't miss the opportunity to make this versatile property your own.
- Type:
- Fourplex
- Sq.Ft.:
- 2,331
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.12 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- SB24227088
ADDITIONAL INFORMATION
1604-1606 W 105th is a 4-Unit apartment building located in Unincorporated Los Angeles County. The subject property offers an investor a great unit mix consisting of (1) 2-Bed/1-Bath, (2) 1-Bed/1-Bath, and (1) Studio unit spread out over 2,331 Sq. Ft. of leasable area offering ample size and great units layouts. The property will have one tenant ready unit and is ideal for an investor or owner/user.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Lot size:
- 0.15 Acres
- Year built:
- 1938
- Baths:
- MLS#:
- CRIG24229872
View additional info
Courtesy: Nest Real Estate
ADDITIONAL INFORMATION
Welcome to this stunning Gramercy Park home featuring 3 bedrooms and 2 baths, offering 1,134 sq ft of modern living space. The open floor plan creates a spacious and inviting atmosphere, perfect for entertaining. Additionally, the Permitted detached 3-bedroom, 2-bath ADU provides another 890 sq ft—ideal for guests or rental income! Both units have been tastefully updated with newer flooring, stylish kitchens, and refreshed bathrooms. Enjoy comfort with efficient AC units throughout. Step outside to a big backyard, perfect for outdoor gatherings and relaxation. Conveniently located just blocks from SpaceX Sofi stadium and Intuit Dome, this property is only 10 miles from the airport and a quick 10-mile drive to downtown L.A. Don’t miss out on this incredible opportunity in a vibrant and sought-after neighborhood!
- Type:
- Triplex
- Sq.Ft.:
- 1,971
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1941
- Baths:
- MLS#:
- WS24227521
ADDITIONAL INFORMATION
Fantastic investment opportunity in a prime South LA location. Welcome to this triplex that offers 3 units (1 bed/1bath each) + in unit laundry room in two units (front units) Each unit has its own separate address along with its own gas and electrical meter. This property is conveniently located closed to transportation, USC, shopping, restaurants, relatively close to DTLA and more! Do not miss this opportunity to live in one unit and rent the other, or simple add this wonderful investment triplex to your portfolio.
- Type:
- Duplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Lot size:
- 0.14 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- CRSB24227616
View additional info
Courtesy: Mega Real Estate Advisors
ADDITIONAL INFORMATION
THIS WELL-MAINTAINED DUPLEX FEATURES TWO UNITS WITH TWO(2) BEDROOMS, ONE (1) BATHROOM EACH ONE, NEW WINDOWS AND AIR CONDITIONED. PERFECT FOR HOMEOWNERS AND INVESTORS. IT IS LOCATED MINUTES AWAY FROM THE FORUM AND THE NEW SO-FI STADIUM, SHOPPING CENTERS, PARKS, PUBLIC SCHOOLS AND PUBLIC TRANSPORTATION. .
- Type:
- Duplex
- Sq.Ft.:
- 1,536
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1949
- Baths:
- MLS#:
- OC24222950
ADDITIONAL INFORMATION
Welcome to this beautifully maintained duplex situated in a vibrant Los Angeles neighborhood. Perfect for both homeowners and investors, this property features two spacious units, each with its own unique charm. 2 Unit Features: 2 bedrooms, 1 bath with a bright and airy layout, hardwood floors, and a cozy living area. Enjoy a shared backyard, perfect for entertaining or relaxing under the California sun. Ideally located near popular shops, restaurants, and public transportation, with easy access to major freeways. This duplex is a fantastic opportunity to own a piece of Los Angeles real estate, whether you're looking to live in one unit and rent out the other or add to your investment portfolio. Don’t miss out on this gem!
$2,500,000
1543 105th Street Los Angeles, CA 90047
- Type:
- Cluster
- Sq.Ft.:
- 9,691
- Status:
- Active
- Beds:
- 15
- Lot size:
- 0.53 Acres
- Year built:
- 1962
- Baths:
- 15.00
- MLS#:
- 24455941
ADDITIONAL INFORMATION
This multi-family asset is located in the County Strip of the City of Los Angeles. This property consist of four separate buildings. These 15 units sit on over a half acre of land, that offers plenty of parking and common areas for the tenants. The grounds are also gated offering security and privacy for tenants.
- Type:
- Duplex
- Sq.Ft.:
- 2,027
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.13 Acres
- Year built:
- 1937
- Baths:
- MLS#:
- DW24220983
ADDITIONAL INFORMATION
PRICE REDUCTION!!! Welcome to this fantastic duplex located at 1414-1412 w 107th! This property offers a unique opportunity with two separate units, perfect for multi-generational living or as an investment property. The front unit boasts 3 spacious bedrooms and 2 modern bathrooms, featuring vinyl windows, custom cabinets inside the closets, new blinds, and laminate floors in the kitchen and living room. It also comes equipped with a washer, dryer and stove for your convenience. The rear unit is a cozy 2-bedroom, 1-bathroom space, ideal for rental income or extended family. Both units share a large backyard, perfect for outdoor gatherings and relaxation. The property includes a 1-car garage and a 5-car driveway, providing ample parking space. Located near SoFi Stadium and LAX Airport, this duplex is in a prime location with easy access to major attractions and amenities. Enjoy the convenience of nearby shopping centers, restaurants, and entertainment options. Don't miss out on this incredible opportunity to rent one unit and live in the other, maximizing your investment potential! Nearby businesses include The Forum, Hollywood Park Casino, and Westfield Culver City. This property is a must-see for anyone looking to invest or perfect for the first time home buyer with potential rental income
$3,257,000
1515 103rd Street Los Angeles, CA 90047
- Type:
- Apartment
- Sq.Ft.:
- 12,752
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.4 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- RS24095513
ADDITIONAL INFORMATION
The subject property is a 16-unit multifamily 2 story apartment building build in 1965 located at 1515 W 103rd St Los Angeles CA 90047. The building is approximately 12,752 Sq Ft and sits on a 17,282 Sq Ft lot, with 26 bedrooms and 22 bathrooms comprised of 2-3 bedroom 2 bath units, 4-2 bedroom 2 bath units 2-2 bedrooms 1 bath and 8-1-bedroom 1 bath units. This property offers a tremendous opportunity for long term growth and stability, opportunity to add value through long term rental increases, current rents are 35% under market rents. Investments should result in a stabilize 9.5 + CAP rate. The building offers modern convenience with extra-large floor plans, great amenities and low maintenance to include full laundry facility, covered car ports and low vacancy. These benefits will keep the building’s chances of operating at full occupancy, as well as fundamentally serve as a comfortable living establishment for tenants, allowing the property to realize an upside in overall rental income and property value appreciation over the next five - ten years.
- Type:
- Fourplex
- Sq.Ft.:
- 3,720
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.1 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- IG24213361
ADDITIONAL INFORMATION
Seize the opportunity to invest in this outstanding rental property situated at 89th and Normandie, in the vibrant core of West Los Angeles. This four-plex features spacious two-bedroom units with one and a quarter baths, each providing 930 square feet of living space, making it an excellent choice for rental income. The property is conveniently located in the county area of Los Angeles.
$1,699,000
1525 105th Street Los Angeles, CA 90047
- Type:
- Apartment
- Sq.Ft.:
- 5,894
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.44 Acres
- Year built:
- 1953
- Baths:
- MLS#:
- GD24165152
ADDITIONAL INFORMATION
This spacious 8-unit garden style apartment building, situated on a sprawling 19,000 sq ft lot, presents a compelling investment opportunity. The property boasts a secure, gated environment and offers a mix of recently remodeled and classic units, ensuring broad appeal to potential tenants. Key Features: Remodeled Units: 6 of the 8 units have been thoughtfully modernized with new windows, kitchens, bathrooms, separate laundry connections, flooring, and fresh paint. Strong Income: The property currently generates an annual income of $161,088, demonstrating its income-generating potential. Prime Location: Conveniently located near LAX, popular beach communities, major freeways (105 and 110), and SoFi Stadium, the property enjoys high visibility and accessibility. Ample Parking: Residents will appreciate the abundance of parking options, with 8 garage spaces and 7 outdoor spaces available. Expansion Potential: The property is currently in the process of obtaining entitlement for 1 ADU, offering the opportunity to increase rental income and property value. Why This is a Great Investment: This property combines a desirable location with strong existing income and potential for future growth. The remodeled units are likely to attract quality tenants and command higher rents, while the ADU entitlement offers a clear path to increasing the property's overall value. The large lot size also provides flexibility for future development or expansion, further enhancing its investment appeal. With its prime location, attractive features, and income potential, this 8-unit garden style apartment building is an excellent investment opportunity for those seeking both immediate returns and long-term value.
- Type:
- Fourplex
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.1 Acres
- Year built:
- 1963
- Baths:
- MLS#:
- CRIG24213361
View additional info
Courtesy: Serenity Realty
ADDITIONAL INFORMATION
Seize the opportunity to invest in this outstanding rental property situated at 89th and Normandie, in the vibrant core of West Los Angeles. This four-plex features spacious two-bedroom units with one and a quarter baths, each providing 930 square feet of living space, making it an excellent choice for rental income. The property is conveniently located in the county area of Los Angeles.
$1,350,000
7516 Western Avenue Los Angeles, CA 90047
- Type:
- Cluster
- Sq.Ft.:
- 4,180
- Status:
- Active
- Beds:
- 8
- Lot size:
- 0.13 Acres
- Year built:
- 1953
- Baths:
- 6.00
- MLS#:
- 24450139
ADDITIONAL INFORMATION
We are pleased to offer this six unit investment opportunity, located in the City of Los Angeles. The unit mix consists of four 1+1 and two 2+1 units. The investment consists of approximately 4,180 of rentable square feet and is situated on an approximately 5,494 square foot parcel. Recent property upgrades include new exterior lighting, new exterior building and unit numbers, an on-site surveillance system, and two rent ready units. The building amenities include a large parking area with six total spaces, and the property is separately metered for both gas & electricity.
- Type:
- Cluster
- Sq.Ft.:
- 1,330
- Status:
- Active
- Beds:
- 2
- Lot size:
- 0.06 Acres
- Year built:
- 1952
- Baths:
- 2.00
- MLS#:
- 24448883
ADDITIONAL INFORMATION
Here is your chance to own a Duplex with 1 bedroom, and 1 bath each with its own washer and dryer hook up and an attached garage for 2 cars that can be converted to an ADU or an extra bedroom. Come and make it your own, live in one rent the other. SOLD AS IS Call with any questions.
$1,100,000
9318 Western Avenue Los Angeles, CA 90047
- Type:
- Mixed Use
- Sq.Ft.:
- 6,268
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1947
- Baths:
- MLS#:
- DW24205933
ADDITIONAL INFORMATION
Mixed-use property, 4 residential apartments units on the second floor, all apartments are 1 bedroom, 1 bath each, with 1 car garage each. There are also 2 commercials on the first floor. One commercial is rented for $1250. Property is separate metered for gas and electric. Property is centrally located. Must see to appreciate.
Based on information from Combined LA/Westside Multiple Listing Service, Inc. as of {{last updated}}. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Los Angeles Real Estate
The median home value in Los Angeles, CA is $912,500. This is higher than the county median home value of $796,100. The national median home value is $338,100. The average price of homes sold in Los Angeles, CA is $912,500. Approximately 33.96% of Los Angeles homes are owned, compared to 58.13% rented, while 7.92% are vacant. Los Angeles real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Los Angeles real estate agent to arrange a tour today!
Los Angeles, California 90047 has a population of 3,902,440. Los Angeles 90047 is less family-centric than the surrounding county with 28.08% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Los Angeles, California 90047 is $69,778. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Los Angeles 90047 is 36.2 years.
Los Angeles Weather
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 45.9 degrees. The average rainfall is approximately 15.5 inches per year, with 0 inches of snow per year.