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Investment Highlights

  • Immediate cash flow + strong fundamentals — 20 units and 20 parking spaces (1:1) plus on-site laundry and gated/security features
  • Prime West Hollywood location — Walk Score 92 with close proximity to Melrose Ave
  • Value-add upside — Rents ~25% below market; ADU conversion potential

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Property Facts

Price $7,300,545 CAD
Price Per Unit $365,027 CAD
Sale Type Investment
Cap Rate 5.33%
Gross Rent Multiplier 11.64
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.27 AC
Building Size 13,404 SF
No. Stories 2
Year Built 1960
Parking Ratio 2.68/1,000 SF
Zoning WDR1B*

Amenities

Unit Amenities

  • Balcony
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • Laundry Facilities

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - 372
1+1 12 - 578
2+2 4 - 750
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5531-007-011
Land Assessment
$886,456 CAD
Improvements Assessment
$1,438,562 CAD
Total Assessment
$2,325,018 CAD
  • Listing ID: 39344204

  • Date on Market: 2026-02-05

  • Last Updated:

  • Address: 1152 N Poinsettia Pl, West Hollywood, CA 90046

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