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1954-1958 Purdue Ave
Los Angeles, CA 90025
Multifamily Property For Sale
·
3 Units
Investment Highlights
- Newly developed luxury triplex in Prime Sawtelle featuring three expansive residences.
- Modern interiors with designer kitchens, custom cabinetry, and oversized balconies.
- Fully leased at premium rental rates, producing strong income and a 5.08% cap rate.
- Walkable setting near acclaimed dining and cultural destinations along Sawtelle Blvd.
Executive Summary
1954 Purdue Avenue represents a rare opportunity to acquire a newly constructed luxury multifamily investment in the heart of Prime Sawtelle in West Los Angeles. This boutique triplex comprises three modern residences with a desirable unit mix of 5-, 4-, and 3-bedroom layouts, each thoughtfully designed to rival single-family homes. Fully leased within just two weeks of completion, the property delivers a strong in-place income of approximately $250,800 annually, translating to a true 5.08% cap rate.
Property Facts
| Price Per Unit | $1,781,731 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | B |
| Cap Rate | 5.08% | Lot Size | 0.09 AC |
| No. Units | 3 | Building Size | 4,916 SF |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1927 |
| Zoning | LAR2 - Two Family Dwellings | ||
| Price Per Unit | $1,781,731 CAD |
| Sale Type | Investment |
| Cap Rate | 5.08% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.09 AC |
| Building Size | 4,916 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | LAR2 - Two Family Dwellings |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Eat-in Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Island Kitchen
- Window Coverings
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 1 | $7,668 CAD | 1,082 |
| 4+4.5 | 1 | $10,693 CAD | 1,874 |
| 5+5 | 1 | $11,045 CAD | 1,960 |
Property Taxes
| Parcel Number | 4261-029-022 | Improvements Assessment | $91,736 CAD |
| Land Assessment | $1,596,664 CAD | Total Assessment | $1,688,400 CAD |
Property Taxes
Parcel Number
4261-029-022
Land Assessment
$1,596,664 CAD
Improvements Assessment
$91,736 CAD
Total Assessment
$1,688,400 CAD
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