Log In/Sign Up
Your email has been sent.
426-428 W 77th St 7 Unit Apartment Building $1,906,753 CAD ($272,393 CAD/Unit) 9.62% Cap Rate Los Angeles, CA 90003
Investment Highlights
- 9.66% 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 |
$254,060
|
$55.52
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$2,540
|
$0.56
|
| Effective Gross Income |
$251,519
|
$54.96
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$66,300
|
$14.49
|
| Net Operating Income |
$185,220
|
$40.48
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $254,060 |
| Annual Per SF | $55.52 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $2,540 |
| Annual Per SF | $0.56 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $251,519 |
| Annual Per SF | $54.96 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $66,300 |
| Annual Per SF | $14.49 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $185,220 |
| Annual Per SF | $40.48 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 7 | - | - |
1 1
Property Taxes
| Parcel Number | 6020-034-012 | Improvements Assessment | $648,799 CAD (2025) |
| Land Assessment | $282,349 CAD (2025) | Total Assessment | $931,148 CAD (2025) |
Property Taxes
Parcel Number
6020-034-012
Land Assessment
$282,349 CAD (2025)
Improvements Assessment
$648,799 CAD (2025)
Total Assessment
$931,148 CAD (2025)
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.