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146 N Vendome St 7 Unit Apartment Building $1,711,338 CAD ($244,477 CAD/Unit) 5.22% Cap Rate Los Angeles, CA 90026
Executive Summary
Well-located seven-unit apartment property situated in the highly desirable East Hollywood / Silver Lake corridor. The property features a charming residential feel with classic Los Angeles character and is positioned on a quiet residential street while remaining close to major employment centers and lifestyle amenities.
Residents benefit from proximity to Sunset Boulevard, Silver Lake, Echo Park, and Downtown Los Angeles, with easy access to public transportation and nearby freeway connections. The surrounding neighborhood offers a vibrant mix of dining, retail, entertainment, and outdoor recreation options, making it an attractive location for long-term renters.
The property’s central location provides convenient access to major job hubs, medical centers, and educational institutions, while the established residential setting supports consistent tenant demand. An excellent opportunity to acquire a multifamily property in one of Los Angeles’ most sought-after rental submarkets.
Residents benefit from proximity to Sunset Boulevard, Silver Lake, Echo Park, and Downtown Los Angeles, with easy access to public transportation and nearby freeway connections. The surrounding neighborhood offers a vibrant mix of dining, retail, entertainment, and outdoor recreation options, making it an attractive location for long-term renters.
The property’s central location provides convenient access to major job hubs, medical centers, and educational institutions, while the established residential setting supports consistent tenant demand. An excellent opportunity to acquire a multifamily property in one of Los Angeles’ most sought-after rental submarkets.
Property Facts
| Price | $1,711,338 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $244,477 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 5.22% | Building Size | 4,924 SF |
| Gross Rent Multiplier | 9.77 | Average Occupancy | 100% |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1964 |
| Property Subtype | Apartment | Parking Ratio | 1.14/1,000 SF |
| Zoning | R3-2, Los Angeles - R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| Price | $1,711,338 CAD |
| Price Per Unit | $244,477 CAD |
| Sale Type | Investment |
| Cap Rate | 5.22% |
| Gross Rent Multiplier | 9.77 |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 4,924 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.14/1,000 SF |
| Zoning | R3-2, Los Angeles - R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Heating
- Kitchen
- Oven
- Tub/Shower
- Pantry
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (88)
Property Taxes
| Parcel Number | 5156-011-018 | Improvements Assessment | $548,174 CAD |
| Land Assessment | $1,279,080 CAD | Total Assessment | $1,827,254 CAD |
Property Taxes
Parcel Number
5156-011-018
Land Assessment
$1,279,080 CAD
Improvements Assessment
$548,174 CAD
Total Assessment
$1,827,254 CAD
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146 N Vendome St
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