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1015 N Vista St 10 Unit Apartment Building $4,746,579 CAD ($474,658 CAD/Unit) 5.51% Cap Rate West Hollywood, CA 90046
Investment Highlights
- Prime West Hollywood Location
- Bathrooms Updated with Modern Vanities and Tiles, Bathtubs, and Hardware
- Private Patios or Balconies in Each Unit
- 8 of 10 Units Luxuriously Renovated with Stainless Steel Appliances, Washer/Dryer, Wide Plank Flooring Throughout, New Windows, and an Open Floor Plan
- 2 Legacy Tenants and 8 Tenants Trailing Market Rents by ~15%
- Renovated Units have a New Construction Luxury Feel
Executive Summary
Marcus and Millichap is pleased to present a ten (10) unit apartment building located at 1015 N Vista St in West Hollywood, California. The subject property is located in a prime West Hollywood location, just south of Santa Monica Blvd and west of La Brea Ave.
Located in prime West Hollywood, this rare, fully renovated 10-unit asset offers an ideal unit mix of eight one-bedroom and two two-bedroom apartments. Units were recently renovated with stainless steel appliances, in-unit washer/dryers, wide plank flooring, new windows, private patios, and open-concept layouts, with bathrooms upgraded to modern finishes. The property includes gated, on-grade parking. Positioned near key corridors such as Santa Monica Blvd, La Brea Ave, Fairfax Ave, and Sunset Blvd, the
asset provides immediate access to premier dining, retail, and nightlife, as well as the Sunset Strip and Hollywood Entertainment District, making it highly attractive to renters seeking a vibrant, amenity-rich location.
Extensive capital expenditures, combined with a premier West Hollywood location, position the asset to command high market rents while offering investors a turnkey opportunity with strong long-term upside.
For OM, please visit: https://www.lamultifamilydeals.com/properties/1015-n-vista-st
Located in prime West Hollywood, this rare, fully renovated 10-unit asset offers an ideal unit mix of eight one-bedroom and two two-bedroom apartments. Units were recently renovated with stainless steel appliances, in-unit washer/dryers, wide plank flooring, new windows, private patios, and open-concept layouts, with bathrooms upgraded to modern finishes. The property includes gated, on-grade parking. Positioned near key corridors such as Santa Monica Blvd, La Brea Ave, Fairfax Ave, and Sunset Blvd, the
asset provides immediate access to premier dining, retail, and nightlife, as well as the Sunset Strip and Hollywood Entertainment District, making it highly attractive to renters seeking a vibrant, amenity-rich location.
Extensive capital expenditures, combined with a premier West Hollywood location, position the asset to command high market rents while offering investors a turnkey opportunity with strong long-term upside.
For OM, please visit: https://www.lamultifamilydeals.com/properties/1015-n-vista-st
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,746,579 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $474,658 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 5.51% | Building Size | 8,094 SF |
| Gross Rent Multiplier | 11.75 | Average Occupancy | 100% |
| No. Units | 10 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1962 |
| Property Subtype | Apartment | Parking Ratio | 1.11/1,000 SF |
| Zoning | WDR3C | ||
| Price | $4,746,579 CAD |
| Price Per Unit | $474,658 CAD |
| Sale Type | Investment |
| Cap Rate | 5.51% |
| Gross Rent Multiplier | 11.75 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 8,094 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.11/1,000 SF |
| Zoning | WDR3C |
Amenities
Unit Amenities
- Air Conditioning
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | - |
| 2+2 | 2 | - | - |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5531-023-019 | Improvements Assessment | $1,310,524 CAD |
| Land Assessment | $5,428,250 CAD | Total Assessment | $6,738,773 CAD |
Property Taxes
Parcel Number
5531-023-019
Land Assessment
$5,428,250 CAD
Improvements Assessment
$1,310,524 CAD
Total Assessment
$6,738,773 CAD
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1015 N Vista St
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