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2769 E 57th St 5 Unit Apartment Building $1,592,175 CAD ($318,435 CAD/Unit) 7.13% Cap Rate Huntington Park, CA 90255
INVESTMENT HIGHLIGHTS
- Majority Single-Story Units
- Garages For Every Unit
- 7.1% Cap Rate on Current Rents
- Full Exterior Renovation
- Located on a Quiet Residential Street
- Professionally-Managed
EXECUTIVE SUMMARY
The Huntington Glen Apartments offers an investor the opportunity to acquire a pride own ownership, professionally-managed property in the extremely strong rental market of Huntington Park. The exterior of the property has undergone a complete renovation recently, and contains an excellent unit mix of large 1 & 2-bedroom units.
Discover the vibrant neighborhood surrounding the property in Huntington Park, CA. Embrace the convenience of excellent dining options nearby, while Pacific Boulevard provides an array of shopping opportunities. With easy access to major highways and public transportation, the area is an ideal location for tenants.
Discover the vibrant neighborhood surrounding the property in Huntington Park, CA. Embrace the convenience of excellent dining options nearby, while Pacific Boulevard provides an array of shopping opportunities. With easy access to major highways and public transportation, the area is an ideal location for tenants.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$156,437
|
$48.22
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$4,692
|
$1.45
|
| Effective Gross Income |
$151,745
|
$46.78
|
| Taxes |
$19,902
|
$6.14
|
| Operating Expenses |
$18,363
|
$5.66
|
| Total Expenses |
$38,265
|
$11.80
|
| Net Operating Income |
$113,481
|
$34.98
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $156,437 |
| Annual Per SF | $48.22 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $4,692 |
| Annual Per SF | $1.45 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $151,745 |
| Annual Per SF | $46.78 |
| Taxes (CAD) | |
|---|---|
| Annual | $19,902 |
| Annual Per SF | $6.14 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $18,363 |
| Annual Per SF | $5.66 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $38,265 |
| Annual Per SF | $11.80 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $113,481 |
| Annual Per SF | $34.98 |
PROPERTY FACTS In Escrow
| Price | $1,592,175 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $318,435 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 7.13% | Building Size | 3,244 SF |
| Gross Rent Multiplier | 10.18 | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1951 |
| Property Subtype | Apartment | ||
| Zoning | HPR3YY | ||
| Price | $1,592,175 CAD |
| Price Per Unit | $318,435 CAD |
| Sale Type | Investment |
| Cap Rate | 7.13% |
| Gross Rent Multiplier | 10.18 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 3,244 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1951 |
| Zoning | HPR3YY |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,629 CAD | 624 |
| 2+1 | 1 | $2,517 CAD | 748 |
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | 6309-027-013 | Total Assessment | $1,033,812 CAD (2025) |
| Land Assessment | $582,844 CAD (2025) | Annual Taxes | $19,902 CAD ($6.14 CAD/SF) |
| Improvements Assessment | $450,968 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
6309-027-013
Land Assessment
$582,844 CAD (2025)
Improvements Assessment
$450,968 CAD (2025)
Total Assessment
$1,033,812 CAD (2025)
Annual Taxes
$19,902 CAD ($6.14 CAD/SF)
Tax Year
2024
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2769 E 57th St
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