$2.35 Million Triplex in Los Angeles

[Hassan E.]

Looking for some input on this deal I'm looking at in Central LA.  We've been saving a while to be able to invest in a new construction multi-family.  Plan is to house hack for 2-3 years and then rent for full rents.  Would you do the deal below?

Purchase price:  2.35 Million

Loan: 15%

Rate: 3.375%

Location: Central LA, Picfair.  I'd call this a B area, but let me know your opinion.

Rents: $13,700

This is a new construction triplex, 3 units with 4 beds/4 baths.  Projected rents are $4900 for front unit, and $4400 for the back units.

What's your opinion on this deal?