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16037 Gault St 5 Unit Apartment Building $1,942,668 CAD ($388,534 CAD/Unit) Van Nuys, CA 91406
INVESTMENT HIGHLIGHTS
- Very large lot, near all transportation. Great candidate for ADU and additions.
EXECUTIVE SUMMARY
Well maintained 5 units on an over 10,500 square feet lot perfect for ADU and other additions. Property had 5 attached garages plus lots of surface parking that would make this property perfect for expansion. Always occupied and easy to maintain.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$133,195
|
$36.28
|
| Other Income |
$500
|
$0.14
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$133,694
|
$36.42
|
| Taxes |
$21,855
|
$5.95
|
| Operating Expenses |
$22,896
|
$6.24
|
| Total Expenses |
$44,751
|
$12.19
|
| Net Operating Income |
$88,944
|
$24.23
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $133,195 |
| Annual Per SF | $36.28 |
| Other Income (CAD) | |
|---|---|
| Annual | $500 |
| Annual Per SF | $0.14 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $133,694 |
| Annual Per SF | $36.42 |
| Taxes (CAD) | |
|---|---|
| Annual | $21,855 |
| Annual Per SF | $5.95 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $22,896 |
| Annual Per SF | $6.24 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $44,751 |
| Annual Per SF | $12.19 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $88,944 |
| Annual Per SF | $24.23 |
PROPERTY FACTS
| Price | $1,942,668 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $388,534 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,671 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 4.09/1,000 SF |
| Zoning | RD1.5-1, Los Angeles - Multiple Dwelling | ||
| Price | $1,942,668 CAD |
| Price Per Unit | $388,534 CAD |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 3,671 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 4.09/1,000 SF |
| Zoning | RD1.5-1, Los Angeles - Multiple Dwelling |
AMENITIES
UNIT AMENITIES
- Yard
SITE AMENITIES
- Fenced Lot
- Gated
- Public Transportation
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | $2,191 CAD | - |
1 1
Walk Score®
Very Walkable (73)
PROPERTY TAXES
| Parcel Number | 2224-004-044 | Total Assessment | $627,249 CAD |
| Land Assessment | $292,717 CAD | Annual Taxes | $21,855 CAD ($5.95 CAD/SF) |
| Improvements Assessment | $334,532 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
2224-004-044
Land Assessment
$292,717 CAD
Improvements Assessment
$334,532 CAD
Total Assessment
$627,249 CAD
Annual Taxes
$21,855 CAD ($5.95 CAD/SF)
Tax Year
2025
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16037 Gault St
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