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1825 Redesdale Ave 3 Unit Apartment Building Offered at $4,678,570 CAD at a 4.40% Cap Rate Los Angeles, CA 90026



Investment Highlights
- Fully Vacant Spanish Trophy Triplex, C. 1925
- Sweeping Reservoir, Hillside & DTLA Views
- Flexibility for Owner Occupy, Investment Property or Multi-Generational Living
- Extensively Renovated in 2022 with New Electrical, Plumbing, HVAC, Roof & Sewer Line Repairs
- High-End Finishes Designer Finishes
Executive Summary
Commanding a privileged position among Silver Lake's storied rolling hills since 1925, this fully vacant Spanish triplex is among the pedigree of only the elite few, an enduring testament to the neighborhood's rich heritage and timeless appeal. Extensively renovated in 2022, the property embraces its architectural heritage and the sophistication of today's design and daily living needs. Crowning this exceptional trophy property is the expansive 3-bedroom / 2-bath owner's residence, where sweeping vistas stretch from the Silver Lake Reservoir to the glittering skyline of Downtown Los Angeles. Glistening with natural light and grounded by solid White Oak flooring and a chef's kitchen with Carrara marble, the upper unit evokes the serenity of a secluded treehouse retreat, surrounded by lush greenery and framed by captivating views at every turn. The middle 2-bedroom/2-bath unit and the lower 1-bedroom/1-bath unit echo the same elevated aesthetic, each appointed with sophisticated finishes and a cohesive design language that speaks to both style and functionality. Cradled amongst the hillsides with a street-to-street lot, the property unfolds across a series of enchanting outdoor environments, including a serene outdoor dining space that creates the feeling of being worlds away from the city. offering a rare sense of escape and tranquility. Period-correct outdoor lighting and mature landscaping, set amid cascading walkways, make one feel truly special. Recent renovations include all-new HVAC, electrical, plumbing, roof & sewer line work, providing peace of mind for a new steward. Just moments from the iconic Silver Lake Reservoir and the neighborhood's best collection of dining, shopping and more, this extraordinary compound offers the increasingly elusive opportunity to possess a piece of Los Angeles history without compromising on modern comfort, design, or lifestyle. Whether seeking multigenerational living quarters, supplemental rental income, or a long-term investment, this private villa compound offers remarkable versatility.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $4,678,570 CAD | Property Type | Multifamily |
| Price Per Unit | $1,559,523 CAD | Building Size | 3,347 SF |
| Sale Type | Investment | Average Occupancy | 0% |
| Cap Rate | 4.40% | No. Stories | 3 |
| Gross Rent Multiplier | 16.64 | Year Built/Renovated | 1925/2022 |
| No. Units | 3 |
| Price | $4,678,570 CAD |
| Price Per Unit | $1,559,523 CAD |
| Sale Type | Investment |
| Cap Rate | 4.40% |
| Gross Rent Multiplier | 16.64 |
| No. Units | 3 |
| Property Type | Multifamily |
| Building Size | 3,347 SF |
| Average Occupancy | 0% |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2022 |
Amenities
Unit Amenities
- Air Conditioning
- Views
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $10,649 CAD | - |
| 2+2 | 1 | $7,809 CAD | - |
| 1+1 | 1 | $4,970 CAD | - |
1 1
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5431-031-016 | Total Assessment | $4,488,275 CAD |
| Land Assessment | $3,331,085 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $1,157,190 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5431-031-016
Land Assessment
$3,331,085 CAD
Improvements Assessment
$1,157,190 CAD
Total Assessment
$4,488,275 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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1825 Redesdale Ave
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