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1126 White Knoll Dr 5 Unit Apartment Building $1,523,401 CAD ($304,680 CAD/Unit) 4.10% Cap Rate Los Angeles, CA 90012

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INVESTMENT HIGHLIGHTS

  • R4 Zoning corner lot on top of hill
  • Three (3) 1 bed/1 bath and two (2) Studio Units
  • Views of DTLA and Dodgers Stadium/Elysian Park
  • 5 car garage parking

EXECUTIVE SUMMARY

Perched on a corner lot above Dodger Stadium with views of DTLA and Elysian Park, this 5-unit apartment building offers a rare combination of location, stability, and upside. Sitting atop a quiet hillside street, the property features a desirable mix of two (2) studios and three (3) 1 bed / 1 bath units, appealing to a wide range of renters drawn to the neighborhood's energy and proximity to DTLA. Recent improvements include a brand-new roof and updated windows and flooring in two units, setting the stage for future enhancements and long-term growth. Several units present value-add potential for investors looking to further elevate rents in one of Los Angeles' strongest rental submarkets. Residents enjoy fast access to Echo Park Lake, Sunset Blvd dining and nightlife, major freeways, and front-row views of fireworks lighting up Dodger Stadium all season long. Whether held as a cash-flowing asset or repositioned for additional upside, this Echo Park hillside 5-unit is a rare opportunity in an iconic Los Angeles location.

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 $99,999 $9.99
Operating Expenses $99,999 $9.99
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 $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
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 $1,523,401 CAD
Price Per Unit $304,680 CAD
Sale Type Investment
Cap Rate 4.10%
Sale Condition 1031 Exchange
Gross Rent Multiplier 14
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 2,420 SF
Average Occupancy 97%
No. Stories 1
Year Built 1924
Parking Ratio 2.07/1,000 SF
Zoning R4-1, Los Angeles

AMENITIES

UNIT AMENITIES

  • Disposal

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 $1,874 CAD -
Studios 2 $1,730 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5406-018-013
Land Assessment
$711,078 CAD (2025)
Improvements Assessment
$154,567 CAD (2025)
Total Assessment
$865,645 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 38643958

  • Date on Market: 2025-12-03

  • Last Updated:

  • Address: 1126 White Knoll Dr, Los Angeles, CA 90012

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