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1125 3rd Ave 1125 3rd Ave 4 Unit Apartment Building $3,018,210 CAD ($754,553 CAD/Unit) 3.46% Cap Rate Los Angeles, CA 90019



INVESTMENT HIGHLIGHTS
- Koreatown's Premier Rental Market
- Fourplex Spacious Apartment Building
- Significant Rental Upside Potential
- Hancock Park Adjacent Location
- Quiet & Desirable Neighborhood
EXECUTIVE SUMMARY
Stunning Country Club Park Fourplex Spacious 3BR/3BA Units in Prime Hancock Park Adjacent Location! Exceptional investment opportunity in the heart of Country Club Park! This beautifully maintained fourplex, located near 3rd Avenue and 11th Street, features four expansive 3-bedroom, 3-bathroom units, each offering approximately 1,800 sq ft of living space. Each unit boasts a formal dining room, in-unit laundry, private storage, and a thoughtfully designed floor plan for comfortable living. Recent upgrades include new laminate hardwood flooring, granite kitchen countertops, and blending modern touches with classic charm. Situated in a historically rich and culturally vibrant neighborhood just north of Pico Blvd and west of Arlington Ave, this property showcases timeless architecture and is nestled in an area known for its character, charm, and strong sense of community. Located in a highly desirable rental pocket adjacent to Hancock Park, this fourplex presents an excellent opportunity for both investors and owner-users. Enjoy consistent rental demand and long-term appreciation potential in one of Los Angeles' most sought-after neighborhoods.Don't miss this rare gem! This property is located within a City Historic Preservation Overlay Zone (HPOZ).
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $3,018,210 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $754,553 CAD | Lot Size | 0.19 AC |
| Sale Type | Investment | Building Size | 7,196 SF |
| Cap Rate | 3.46% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1916 |
| Property Subtype | Apartment | Parking Ratio | 0.56/1,000 SF |
| Zoning | LARD 1.5 | ||
| Price | $3,018,210 CAD |
| Price Per Unit | $754,553 CAD |
| Sale Type | Investment |
| Cap Rate | 3.46% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Lot Size | 0.19 AC |
| Building Size | 7,196 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1916 |
| Parking Ratio | 0.56/1,000 SF |
| Zoning | LARD 1.5 |
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Storage Space
- Kitchen
- Granite Countertops
- Hardwood Floors
- Dining Room
SITE AMENITIES
- Fenced Lot
- Gated
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2.5 | 4 | $3,323 CAD | - |
1 1
Walk Score®
Very Walkable (85)
PROPERTY TAXES
| Parcel Number | 5081-015-002 | Improvements Assessment | $792,501 CAD (2025) |
| Land Assessment | $1,849,175 CAD (2025) | Total Assessment | $2,641,677 CAD (2025) |
PROPERTY TAXES
Parcel Number
5081-015-002
Land Assessment
$1,849,175 CAD (2025)
Improvements Assessment
$792,501 CAD (2025)
Total Assessment
$2,641,677 CAD (2025)
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B & B Investment Properties
1125 3rd Ave | 1125 3rd Ave
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