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1141 Hacienda Pl 12 Unit Apartment Building $5,262,719 CAD ($438,560 CAD/Unit) West Hollywood, CA 90069
Executive Summary
12-unit West Hollywood multifamily opportunity featuring 2.69% interest-only assumable financing through December 2030. The property offers strong in-place income with an approx. cash on cash return above 6.71%, a 12.78 GRM and 4.77% cap rate, equating to approximately $320,833 per unit and $401 per square foot. Built in 1959, this low-density mid-century asset provides classic Los Angeles character and clear cosmetic value-add potential. Located within walking distance to Sunset Blvd, Melrose Ave, and Santa Monica Blvd, the property consistently attracts quality tenants in a highly desirable rental submarket. Assumable financing enhances returns and reduces acquisition debt risk.
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 | $5,262,719 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $438,560 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.17 AC |
| Gross Rent Multiplier | 12.78 | Building Size | 9,581 SF |
| No. Units | 12 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1959 |
| Property Subtype | Apartment | ||
| Zoning | R4, West Hollywood | ||
| Price | $5,262,719 CAD |
| Price Per Unit | $438,560 CAD |
| Sale Type | Investment |
| Gross Rent Multiplier | 12.78 |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 9,581 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Zoning | R4, West Hollywood |
Amenities
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $2,668 CAD | - |
| 2+2 | 2 | $3,810 CAD | - |
1 1
Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 5555-004-071 | Improvements Assessment | $942,493 CAD |
| Land Assessment | $1,190,522 CAD | Total Assessment | $2,133,015 CAD |
Property Taxes
Parcel Number
5555-004-071
Land Assessment
$1,190,522 CAD
Improvements Assessment
$942,493 CAD
Total Assessment
$2,133,015 CAD
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1141 Hacienda Pl
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