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Investment Highlights
- Well maintained Garden Style 1960's apartment complex consisting of 30 units plus an additional non-permitted Studio/Single apartment unit.
- The units are 100% occupied, with some units at below market rents, which can be increased subject to City of LA RSO Rent Stabilization Ordinance.
- Two contiguous parcels that comprise over a half acre zoned C2-R4 with ample parking for all units (30 parking spaces).
- Excellent unit mix of 55% 2 bedroom units, and the remainder being 1 bedroom units, plus an unpermitted Studio/Single unit.
Taxes & Operating Expenses (Actual - 2025) |
Annual (CAD) |
|---|---|
| Gross Rental Income |
$822,900
|
| Other Income |
$4,987
|
| Vacancy Loss |
$32,916
|
| Effective Gross Income |
$794,971
|
| Taxes |
$96,967
|
| Operating Expenses |
$161,545
|
| Total Expenses |
$258,512
|
| Net Operating Income |
$536,459
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $822,900 |
| Other Income (CAD) | |
|---|---|
| Annual | $4,987 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $32,916 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $794,971 |
| Taxes (CAD) | |
|---|---|
| Annual | $96,967 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $161,545 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $258,512 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $536,459 |
Property Facts
| Price | $7,577,263 CAD | Number of Properties | 2 |
| Price / SF | $445.88 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.08% | Total Building Size | 16,994 SF |
| Sale Type | Investment | Total Land Area | 0.48 AC |
| Status | Active |
| Price | $7,577,263 CAD |
| Price / SF | $445.88 CAD / SF |
| Cap Rate | 7.08% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 16,994 SF |
| Total Land Area | 0.48 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Rose Manor
3321-3325 W 74th St, Los Angeles, CA 90043 |
Multifamily | 8,798 SF | 1960 | - |
| 7324 Crenshaw Blvd, Los Angeles, CA 90043 | Multifamily | 8,196 SF | 1961 | - |
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ROSE MANOR & CRENSHAW CAPRI
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