Log In/Sign Up
Your email has been sent.
3232 S Central Ave 10 Unit Apartment Building $1,701,455 CAD ($170,146 CAD/Unit) 6.99% Cap Rate Los Angeles, CA 90011
Investment Highlights
- Offered at a 6.99% CAP Rate
- Priced at a 6.46 Gross Rent Multiplier
- Located in South Central Los Angeles
- Recently Upgraded Electrical Panels
- Mix of Studio & One-Bedroom Units
Executive Summary
3232 S. Central Avenue is a 10-unit apartment complex located in South Central Los Angeles. The opportunity consists of an 8-unit property in front constructed in 1924 and a duplex in the rear built in 1930. Each unit is separately metered for gas and electricity. The 2-story apartment building has seen recent capital improvements including upgraded electrical panels. The property consists of four (4) studio units and six (6) one-bedroom units spread across 5,180 rentable square feet.
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$263,828
|
$50.93
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$7,915
|
$1.53
|
| Effective Gross Income |
$255,913
|
$49.40
|
| Taxes |
$20,458
|
$3.95
|
| Operating Expenses |
$116,321
|
$22.46
|
| Total Expenses |
$136,779
|
$26.41
|
| Net Operating Income |
$119,134
|
$23.00
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $263,828 |
| Annual Per SF | $50.93 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $7,915 |
| Annual Per SF | $1.53 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $255,913 |
| Annual Per SF | $49.40 |
| Taxes (CAD) | |
|---|---|
| Annual | $20,458 |
| Annual Per SF | $3.95 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $116,321 |
| Annual Per SF | $22.46 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $136,779 |
| Annual Per SF | $26.41 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $119,134 |
| Annual Per SF | $23.00 |
Property Facts
| Price | $1,701,455 CAD | Property Subtype | Apartment |
| Price Per Unit | $170,146 CAD | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.99% | Lot Size | 0.11 AC |
| Sale Condition | 1031 Exchange | Building Size | 5,180 SF |
| Gross Rent Multiplier | 6.46 | No. Stories | 2 |
| No. Units | 10 | Year Built | 1924 |
| Property Type | Multifamily | ||
| Zoning | LAM1 | ||
| Price | $1,701,455 CAD |
| Price Per Unit | $170,146 CAD |
| Sale Type | Investment |
| Cap Rate | 6.99% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 6.46 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.11 AC |
| Building Size | 5,180 SF |
| No. Stories | 2 |
| Year Built | 1924 |
| Zoning | LAM1 |
Amenities
Unit Amenities
- Heating
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,786 CAD | 450 |
| 1+1 | 6 | $2,466 CAD | 500 |
1 1
Moderately walkable
70/100
Exceptionally drivable
100/100
Strong public transit
80/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5114-025-018 | Total Assessment | $1,217,807 CAD |
| Land Assessment | $531,739 CAD | Annual Taxes | $20,458 CAD ($3.95 CAD/SF) |
| Improvements Assessment | $686,068 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5114-025-018
Land Assessment
$531,739 CAD
Improvements Assessment
$686,068 CAD
Total Assessment
$1,217,807 CAD
Annual Taxes
$20,458 CAD ($3.95 CAD/SF)
Tax Year
2025
1 of 9
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
3232 S Central Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.