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Investment Highlights

  • Prime two-story, 4-unit property near USC with strong growth potential and steady income at a 5.05% cap rate.
  • Excellent opportunity for growth in a rapidly evolving LA neighborhood, boosted by upcoming international events.
  • Individual metering, large rear lot with possibilities for ADUs, and proximity to transit and major developments.

Executive Summary

This is a rare opportunity to acquire a two-story, four-unit property just west of the USCan area, undergoing rapid growth and significant new development. With 4,786 sq. ft. of improvements on a generous lot with ample parking, the asset is well-positioned for strong tenant demand and future expansion. The property offers an attractive blend of stability and upside: a solid 5.0% cap rate and meaningful rent growth potential, with two units poised for 75100% increases. Preliminary plans to add four ADUs further enhance the longterm value proposition. Each unit is individually metered for gas and electricity, keeping operating costs low and management efficient. The expansive rear lot provides excellent flexibility for additional ADU development. Located a stone's throw away from USC security and adjacent to new construction, the property sits in a neighborhood energized by ongoing multifamily and commercial projects, major infrastructure upgrades, and global events, including the 2026 World Cup and 2028 Olympics. Its proximity to the Expo Line offers seamless access to transit, employment centers, and entertainment. This is an exceptional chance to secure a cash-flowing asset with multiple avenues for growth in one of Los Angeles' most dynamic and rapidly evolving submarkets.

Property Facts

Price $1,915,307 CAD
Price Per Unit $478,827 CAD
Sale Type Investment
Cap Rate 5.05%
Gross Rent Multiplier 13.3
No. Units 4
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Apartments
Apartment Style Low-Rise
Building Class C
Lot Size 0.16 AC
Building Size 4,786 SF
Average Occupancy 100%
No. Stories 2
Year Built 1913
Parking Ratio 1.25/1,000 SF
Zoning R2-1-O-CPIO - Restricted Density Multiple Dwelling

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 - -
3+1 1 - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Good public transit
70/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5041-011-004
Land Assessment
$873,001 CAD
Improvements Assessment
$375,233 CAD
Total Assessment
$1,248,234 CAD
  • Listing ID: 39878923

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: 1416 W 36th St, Los Angeles, CA 90018

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