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5 Single Story Units on over ± 15K SF of Land 4401-4403 Westdale Ave 5 Unit Apartment Building $1,351,210 CAD ($270,242 CAD/Unit) 6.08% Cap Rate Los Angeles, CA 90041



Investment Highlights
- Eric Dilanian & The Dilanian Real Estate Advisors are pleased to present 5 Units in Prime Eagle Rock, 100% Single-Story, Situated on ± 15,360 SF Land
- Building Specs: Built in 1947 with ± 2,947 SF of Building & Zoned RD2
- Walk Score: 89! Walker's Paradise | Allowing residents to enjoy a highly walkable lifestyle with most daily errands accomplished on foot
- Priced Attractively at 10.60 GRM on Day 1 Current Numbers and a 6.08% Cap Rate with meaningful upside and multiple exit strategies
- Unit Mix: Boasting an Excellent Unit Mix of 4 (1 Bed & 1 Bath Units) and 1 (3 Bed & 1 Bath Unit) with it's own Garage and Backyard
- Close proximity to Occidental College, Capri Club, Creature’s Plants & Coffee, Sprouts, Walt’s Bar, Zweet Café, and are minutes from Starbucks....
Executive Summary
Eric Dilanian with The Dilanian Real Estate Advisors, as part of RE/MAX Commercial & Investment Realty, is proud to present a rare 5-unit investment opportunity situated on an expansive ±15,360 SF lot in Eagle Rock—one of Los Angeles’ most sought-after and supply-constrained submarkets.
Located at 4401–4403 Westdale Avenue, the property is comprised of a four-unit single-story structure featuring one-bedroom/one-bathroom units, along with a detached three-bedroom/one-bathroom single-family residence complete with its own private backyard and covered garage. All five units are single-story, a highly desirable configuration rarely found in Eagle Rock.
The property spans ±2,947 SF of improvements on a large RD2-1 zoned parcel, presenting exceptional upside potential. The expansive lot and favorable zoning make the asset well-positioned for multiple detached ADUs under SB 1211, a potential TIC conversion and re-sale strategy or future small lot sub-development (buyer to verify feasibility).
Built in 1947, the property is strategically located just one block from Eagle Rock Boulevard, tucked away on a quiet residential street while remaining at the epicenter of Eagle Rock’s vibrant retail and dining corridor. The location boasts a Walk Score of 89, allowing residents to enjoy a highly walkable lifestyle with most daily errands accomplished on foot.
Residents are in close proximity to Occidental College and neighborhood favorites including Capri Club, Creature’s Plants & Coffee, Sprouts, Walt’s Bar, and Zweet Café, and are minutes from Starbucks, Little Beast, Cindy’s, Cacao, Dunsmoor, Bub’s & Grandma’s, and The Grant.
This is a compelling opportunity for investors seeking long-term appreciation, flexible exit strategies, and meaningful value-add potential in one of Northeast Los Angeles’ most coveted rental markets.
**DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.
**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **
Located at 4401–4403 Westdale Avenue, the property is comprised of a four-unit single-story structure featuring one-bedroom/one-bathroom units, along with a detached three-bedroom/one-bathroom single-family residence complete with its own private backyard and covered garage. All five units are single-story, a highly desirable configuration rarely found in Eagle Rock.
The property spans ±2,947 SF of improvements on a large RD2-1 zoned parcel, presenting exceptional upside potential. The expansive lot and favorable zoning make the asset well-positioned for multiple detached ADUs under SB 1211, a potential TIC conversion and re-sale strategy or future small lot sub-development (buyer to verify feasibility).
Built in 1947, the property is strategically located just one block from Eagle Rock Boulevard, tucked away on a quiet residential street while remaining at the epicenter of Eagle Rock’s vibrant retail and dining corridor. The location boasts a Walk Score of 89, allowing residents to enjoy a highly walkable lifestyle with most daily errands accomplished on foot.
Residents are in close proximity to Occidental College and neighborhood favorites including Capri Club, Creature’s Plants & Coffee, Sprouts, Walt’s Bar, and Zweet Café, and are minutes from Starbucks, Little Beast, Cindy’s, Cacao, Dunsmoor, Bub’s & Grandma’s, and The Grant.
This is a compelling opportunity for investors seeking long-term appreciation, flexible exit strategies, and meaningful value-add potential in one of Northeast Los Angeles’ most coveted rental markets.
**DISCLOSURE:** Buyers are advised to conduct independent thorough due diligence, including but not limited to verification of building square footage, unit count, lot size, legal bedroom/bathroom count, parking count, unit mix, year built, zoning & any Q Conditions, market rents, soft-story compliance, and the feasibility of constructing ADUs, additional units, and/or development feasibly.
**DO NOT DISTURB TENANTS OR WALK ON PROPERTY - DRIVE BY ONLY **
Property Facts
| Price | $1,351,210 CAD | Property Subtype | Apartment |
| Price Per Unit | $270,242 CAD | Apartment Style | Garden |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 6.08% | Lot Size | 0.35 AC |
| Gross Rent Multiplier | 10.6 | Building Size | 2,947 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1947 |
| Zoning | LARD2 | ||
| Price | $1,351,210 CAD |
| Price Per Unit | $270,242 CAD |
| Sale Type | Investment |
| Cap Rate | 6.08% |
| Gross Rent Multiplier | 10.6 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.35 AC |
| Building Size | 2,947 SF |
| No. Stories | 1 |
| Year Built | 1947 |
| Zoning | LARD2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | 708 |
| 3+1 | 1 | - | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5473-040-018 | Improvements Assessment | $301,833 CAD |
| Land Assessment | $503,067 CAD | Total Assessment | $804,900 CAD |
Property Taxes
Parcel Number
5473-040-018
Land Assessment
$503,067 CAD
Improvements Assessment
$301,833 CAD
Total Assessment
$804,900 CAD
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5 Single Story Units on over ± 15K SF of Land | 4401-4403 Westdale Ave
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