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Mt. Washington Triplex Remodeled Vacant Unit 3055 Future St 3 Unit Apartment Building $1,605,754 CAD ($535,251 CAD/Unit) 5.70% Cap Rate Los Angeles, CA 90065

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INVESTMENT HIGHLIGHTS

Well maintained triplex in Mt. Washington with nicely maintained units and 1 newly remodeled unit
Strong investment metrics: under 13 GRM and 5.7% CAP rate
Private patios for each unit

The vacant unit (1Br+1Ba) has been completely remodeled with brand new kitchen & bathroom fixtures, flooring and paint
Stunning mountain & city views facing South
Current rents are $4,400/month! Vacant unit can be rented up to $3,100

EXECUTIVE SUMMARY

The perfect hillside Northeast LA "house hacking" opportunity - WITH VIEWS! 3 units for the price of a single-family home in the area! The vacant (1Br+1Ba) unit has incredible views from all large windows and has been completely remodeled inside. It feels spacious and features new LVP flooring and paint throughout, recessed lighting, new heat and AC, a new kitchen cabinets and bathroom, extensive storage in the bathroom, and it has an adorable dining area with a view right off the kitchen. It has two entrances and private patio. The remodel of the owner's unit includes stainless appliances, marble look / quartz countertops, tile and glass tile backsplash, and a workstation ledge kitchen sink. The bathroom has mosaic floor tile and complimentary mid - century modern style tile throughout the bathroom, as well as a new tub shower combo, floating vanity sink, and bathroom mirror with integrated LED lighting. The unit is ready to move in, just bring furniture! The property also includes two well-maintained junior 1 bedroom apartments (large studios with partially separated bedroom area and full kitchen) that are currently tenant-occupied and generating a total of $4,400 per month in income to help pay the mortgage. This property is ideal for an owner-user but works great as an investment! Listed at under 13 GRM and a 5.7% CAP Rate!

FINANCIAL SUMMARY (ACTUAL - 2024)	ANNUAL (CAD)	ANNUAL PER SF (CAD)
Gross Rental Income	$124,050	$87.42
Other Income	-	-
Vacancy Loss	-	-
Effective Gross Income	$124,050	$87.42
Taxes	-	-
Operating Expenses	-	-
Total Expenses	$32,504	$22.91
Net Operating Income	$91,546	$64.51

FINANCIAL SUMMARY (ACTUAL - 2024)

Gross Rental Income (CAD)
Annual	$124,050
Annual Per SF	$87.42

Other Income (CAD)
Annual	-
Annual Per SF	-

Vacancy Loss (CAD)
Annual	-
Annual Per SF	-

Effective Gross Income (CAD)
Annual	$124,050
Annual Per SF	$87.42

Taxes (CAD)
Annual	-
Annual Per SF	-

Operating Expenses (CAD)
Annual	-
Annual Per SF	-

Total Expenses (CAD)
Annual	$32,504
Annual Per SF	$22.91

Net Operating Income (CAD)
Annual	$91,546
Annual Per SF	$64.51

PROPERTY FACTS

Price	$1,605,754 CAD	Apartment Style	Low-Rise
Price Per Unit	$535,251 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.06 AC
Cap Rate	5.70%	Building Size	1,419 SF
Gross Rent Multiplier	12.94	Average Occupancy	66%
No. Units	3	No. Stories	2
Property Type	Multifamily	Year Built	1926
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LAR1

Price	$1,605,754 CAD
Price Per Unit	$535,251 CAD
Sale Type	Investment
Cap Rate	5.70%
Gross Rent Multiplier	12.94
No. Units	3
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.06 AC
Building Size	1,419 SF
Average Occupancy	66%
No. Stories	2
Year Built	1926
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	LAR1