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10301 Mississippi Ave - Duplex by Westfield Century City - FHA Elig. 2 Unit Apartment Building Offered at $2,079,921 CAD at a 2.92% Cap Rate Los Angeles, CA 90025



INVESTMENT HIGHLIGHTS
- Potential owner-user duplex located 0.4 miles (1 block west) of Westfield shopping mall and the heart of Century City (Avenue of the Stars).
- One of the two units will be delivered vacant, creating a flexible option for an owner-user to occupy the property.
- The property consists of two well-maintained 1-bdrm., 1-bath units with matching floor plans.
- Resides in one of LA's most prestigious residential enclaves, 10301 Mississippi sits quietly multimillion-dollar homes in the Fox Hills neighborhood.
- The vacancy also qualifies the property for FHA financing (buyer to verify), making this an entry point into one of LA’s most desirable neighborhoods.
- The surrounding neighborhood is defined by elegance and stability, home to established professionals in law, finance, entertainment, and medicine.
EXECUTIVE SUMMARY
Steps from Westfield Century City and surrounded by multimillion-dollar homes, 10301 Mississippi offers a combination of prestige, stability, and long-term growth. Located in one of LA's most prestigious and secure residential pockets, 10301 Mississippi sits among multimillion-dollar homes in the Fox Hills pocket of Century City. The surrounding neighborhood is defined by elegance and stability, home to established professionals in law, finance, entertainment, and medicine who value proximity to the city’s commercial core without sacrificing the calm and privacy of residential living. The property consists of (2) 1-bdrm., 1-bath units with matching floor plans. The property's exterior offers classic and charming curb appeal; while a spacious backyard framed by mature trees and lush landscaping offers room for outdoor dining, gardening, or the potential addition of an ADU (buyer to verify). One of the two units will be DELIVERED VACANT, creating a flexible option for an owner-user scenario. The vacancy also qualifies the property for FHA financing (buyer to verify), making this an accessible entry point into one of LA’s most desirable neighborhoods. Proximity remains this location’s defining advantage. Within a few blocks are some of Los Angeles’ most valuable real estate and influential business addresses, from the Fox Studio Lot and Avenue of the Stars to 1 Century Drive, where luxury condos trade for up to $15,000,000. Just one block away, Westfield Century City stands as the Westside’s premier retail destination. Nearby, more than 2 billion square feet of Class-A office space houses leading creative agencies, law firms, and financial institutions, reinforcing strong local demand for quality housing. With one unit delivered vacant, 10301 Mississippi Avenue presents a compelling opportunity for both owner-users and investors, offering immediate livability, stable income, and long-term appreciation potential.
FINANCIAL SUMMARY (ACTUAL - 2024) 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 - 2024) 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 Under Contract
| Price | $2,079,921 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $1,039,960 CAD | Lot Size | 0.10 AC |
| Sale Type | Investment | Building Size | 1,096 SF |
| Cap Rate | 2.92% | Average Occupancy | 50% |
| Gross Rent Multiplier | 25.59 | No. Stories | 1 |
| No. Units | 2 | Year Built | 1938 |
| Property Type | Multifamily | Parking Ratio | 1.82/1,000 SF |
| Zoning | LAR1 | ||
| Price | $2,079,921 CAD |
| Price Per Unit | $1,039,960 CAD |
| Sale Type | Investment |
| Cap Rate | 2.92% |
| Gross Rent Multiplier | 25.59 |
| No. Units | 2 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Lot Size | 0.10 AC |
| Building Size | 1,096 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1938 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | LAR1 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | $3,387 CAD | - |
1 1
Walk Score®
Walker's Paradise (93)
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10301 Mississippi Ave - Duplex by Westfield Century City - FHA Elig.
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