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1207 S Catalina St 6 Unit Apartment Building $2,734,460 CAD ($455,743 CAD/Unit) 3.51% Cap Rate Los Angeles, CA 90006
Investment Highlights
- Four 1 Bed/ 1 Bath, Two 2 Bed/1 Bath Unit Mix
- Six on-site parking spaces
- Two units will be delivered vacant to allow new owner to capture market rent
- On-site laundry facility
- Complex is fully gated, providing enhanced security for tenants and vehicles
- Seller very motivated and will entertain all offers. Seller willing to carry financing for buyer.
Property Facts
| Price | $2,734,460 CAD | Building Class | C |
| Price Per Unit | $455,743 CAD | Lot Size | 0.13 AC |
| Sale Type | Investment | Building Size | 3,911 SF |
| Cap Rate | 3.51% | Average Occupancy | 83% |
| Gross Rent Multiplier | 15.8 | No. Stories | 2 |
| No. Units | 6 | Year Built | 1962 |
| Property Type | Multifamily | Parking Ratio | 1.53/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | R3 - Residential | ||
| Price | $2,734,460 CAD |
| Price Per Unit | $455,743 CAD |
| Sale Type | Investment |
| Cap Rate | 3.51% |
| Gross Rent Multiplier | 15.8 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,911 SF |
| Average Occupancy | 83% |
| No. Stories | 2 |
| Year Built | 1962 |
| Parking Ratio | 1.53/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R3 - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Fenced Lot
- Laundry Facilities
- Tenant Controlled HVAC
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 577 |
| 2+1 | 2 | - | 800 |
1 1
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (71)
Property Taxes
| Parcel Number | 5078-031-002 | Improvements Assessment | $523,637 CAD |
| Land Assessment | $1,205,954 CAD | Total Assessment | $1,729,591 CAD |
Property Taxes
Parcel Number
5078-031-002
Land Assessment
$1,205,954 CAD
Improvements Assessment
$523,637 CAD
Total Assessment
$1,729,591 CAD
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1207 S Catalina St
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