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Investment Highlights

  • OWNER SAYS "SUBMIT YOUR BEST OFFER!"
  • IDEAL MASTER LEASE SCENARIO FOR TRANSITIONAL HOUSING
  • 93 WALK SCORE! "A Walkers Paradise" and a "Bikeable Location"
  • NEW CONSTRUCTION - 8 UNITS, 26 BEDROOMS, 27 BATHS
  • FUTURE STABILIZED RETURNS PROJECTED AT 5.8 CAP & 13.5 GRM.
  • MINUTES AWAY FROM THE NEW ECHELON STUDIOS CAMPUS IN E. HOLLYWOOD

Executive Summary

MUST SELL OPPORTUNITY - PRIME EAST HOLLYWOOD INVESTMENT AT A 5.8% CAP
Pricing recently reduced — motivated seller. This newly completed development features a multilevel standalone home, five condo-style apartments, and two ADU recreation-room conversions currently under construction. Each unit is designed with upgraded finishes, stainless steel appliances, in-unit laundry, and private balconies, creating a modern living experience that appeals to today’s renters.
Located in one of East Hollywood’s most walkable and transit-friendly neighborhoods, the property boasts a Walk Score of 93 with excellent public transit and bike ratings. Residents can walk to the new Echelon Studios Campus and enjoy quick access to Koreatown, DTLA, Raleigh Studios, Sunset Bronson Studios, and a wide range of restaurants, cafés, and entertainment options.
The efficient size and unit mix make leasing and self-management straightforward, while East Hollywood’s strong rental market supports stable occupancy and long-term returns. Please contact the broker for details regarding the ADU construction status.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $523,887 $43.74
Other Income - -
Vacancy Loss - -
Effective Gross Income $523,887 $43.74
Taxes - -
Operating Expenses $115,477 $9.64
Total Expenses $115,477 $9.64
Net Operating Income - -

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $523,887
Annual Per SF $43.74
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $523,887
Annual Per SF $43.74
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual $115,477
Annual Per SF $9.64
Total Expenses (CAD)
Annual $115,477
Annual Per SF $9.64
Net Operating Income (CAD)
Annual -
Annual Per SF -

Property Facts

Price $7,076,421 CAD
Price Per Unit $884,553 CAD
Sale Type Investment
Cap Rate 5.80%
Sale Conditions
Distress Sale
  • 1031 Exchange
Gross Rent Multiplier 13.5
No. Units 8
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Building Class B
Lot Size 0.19 AC
Building Size 11,978 SF
Average Occupancy 25%
No. Stories 3
Year Built 2025
Zoning LA-RD1.5 - Restricted Density Multiple Dwelling

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Washer/Dryer Hookup
  • Kitchen

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3.5 4 - 1,941
5+5.5 4 - 2,212
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5536-025-003
Land Assessment
$1,062,193 CAD (2025)
Improvements Assessment
$682,838 CAD (2025)
Total Assessment
$1,745,031 CAD (2025)
  • Listing ID: 39743785

  • Date on Market: 2026-03-11

  • Last Updated:

  • Address: 1032-1038 N Oxford Ave, Los Angeles, CA 90029

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