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2800 Fairmount St 6 Unit Apartment Building $2,244,528 CAD ($374,088 CAD/Unit) 6.05% Cap Rate Los Angeles, CA 90033
Investment Highlights
- Ideal for investors seeking a well-located, low-rise multifamily property
- Stable income-producing asset
Executive Summary
Situated in the heart of Boyle Heights, this property offers proximity to key Los Angeles landmarks including Chinatown, Dodger Stadium, Cal State LA, East LA College, the Arts District, and Union Station. The area boasts a Walk Score of 84 (Very Walkable), with good transit access and bikeability.
Property Facts
| Price | $2,244,528 CAD | Apartment Style | Garden |
| Price Per Unit | $374,088 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 6.05% | Building Size | 5,514 SF |
| Gross Rent Multiplier | 11.1 | No. Stories | 1 |
| No. Units | 6 | Year Built | 1922 |
| Property Type | Multifamily | Parking Ratio | 0.73/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | LAR2 - Multiple Density Residential | ||
| Price | $2,244,528 CAD |
| Price Per Unit | $374,088 CAD |
| Sale Type | Investment |
| Cap Rate | 6.05% |
| Gross Rent Multiplier | 11.1 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,514 SF |
| No. Stories | 1 |
| Year Built | 1922 |
| Parking Ratio | 0.73/1,000 SF |
| Zoning | LAR2 - Multiple Density Residential |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 6 | - | - |
1 1
Walk Score®
Very Walkable (84)
Property Taxes
| Parcel Number | 5178-003-046 | Improvements Assessment | $395,074 CAD |
| Land Assessment | $570,666 CAD | Total Assessment | $965,740 CAD |
Property Taxes
Parcel Number
5178-003-046
Land Assessment
$570,666 CAD
Improvements Assessment
$395,074 CAD
Total Assessment
$965,740 CAD
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2800 Fairmount St
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