Log In/Sign Up
Your email has been sent.
426-428 W 77th St 7 Unit Apartment Building $2,069,828 CAD ($295,690 CAD/Unit) 9% Cap Rate Los Angeles, CA 90003
INVESTMENT HIGHLIGHTS
- 9% CAP rate - high return on investment
- Renovated units including : Kitchen, Bathrooms, Floor, Appliances Ext
- Extensive exterior Upgrade New Electrical, Pluming, Stucco, Paint.
- Low maintenance and easy to manage
- Fully Occupied and located in high tenant demanded area
- Close to schools, markets, transportations and Downtown LA
EXECUTIVE SUMMARY
High Revenue Potential: With its upgraded condition and desirable features, the property generates strong rental income, making it a lucrative investment
opportunity. The combination of low maintenance costs and high tenant demand ensures consistent and profitable returns.
Extensive Exterior Upgrades : The building underwent significant renovations, including the replacement of old stucco with new stucco and fresh paint, enhancing its appearance and durability. A new electrical panel was installed for improved safety and efficiency, while the roof was thoroughly inspected and repaired to ensure long-term structural integrity.
Modernized Interior: All units have been extensively remodeled, featuring updated electrical systems, new piping, renovated kitchens and bathrooms, and upgraded flooring. These enhancements provide a modern and comfortable living environment for tenants.
opportunity. The combination of low maintenance costs and high tenant demand ensures consistent and profitable returns.
Extensive Exterior Upgrades : The building underwent significant renovations, including the replacement of old stucco with new stucco and fresh paint, enhancing its appearance and durability. A new electrical panel was installed for improved safety and efficiency, while the roof was thoroughly inspected and repaired to ensure long-term structural integrity.
Modernized Interior: All units have been extensively remodeled, featuring updated electrical systems, new piping, renovated kitchens and bathrooms, and upgraded flooring. These enhancements provide a modern and comfortable living environment for tenants.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$254,759
|
$55.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,547
|
$0.56
|
| Effective Gross Income |
$252,212
|
$55.12
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$66,482
|
$14.53
|
| Net Operating Income |
$185,729
|
$40.59
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $254,759 |
| Annual Per SF | $55.67 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $2,547 |
| Annual Per SF | $0.56 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $252,212 |
| Annual Per SF | $55.12 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $66,482 |
| Annual Per SF | $14.53 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $185,729 |
| Annual Per SF | $40.59 |
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 1
1 of 10
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
426-428 W 77th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.