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FHA Eligible Triplex @ $765K | $255K per Unit 4421 Wall St 3 Unit Apartment Building $1,067,879 CAD ($355,960 CAD/Unit) 5.82% Cap Rate Los Angeles, CA 90011

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INVESTMENT HIGHLIGHTS

  • 4421 Wall Street is a well-maintained triplex that blends modern upgrades with flexible ownership potential.
  • Renovated interiors showcase updated kitchens with quartz countertops, stainless-steel appliances, wood-laminate flooring, and refreshed bathrooms.
  • A motorized driveway gate secures approx. four surface parking spaces on a repaved driveway, while tenants cover all utilities directly.
  • Features a vacant, fully renovated 1-bedroom, 1-bath unit that is ideal for an owner-user pursuing FHA financing or for immediate lease-up.
  • Recent building upgrades include a new electrical panel, upgraded wiring, tankless water heaters, and mini-split air conditioning in all units.

EXECUTIVE SUMMARY

4421 Wall Street is a well-maintained triplex that blends modern upgrades with flexible ownership potential. Located minutes from Downtown Los Angeles, USC, the Coliseum, and LA Live, the property offers tenants a central address with convenient access to major job centers, schools, and transportation routes. Proximity to the 10 and 110 Freeways, along with nearby transit options, enhances connectivity across the city. The unit mix attracts a broad renter base, including a vacant, fully renovated 1-bedroom, 1-bath unit that is ideal for an owner-user pursuing FHA financing or for immediate lease-up at market rent. Interiors showcase updated kitchens with quartz countertops, stainless-steel appliances, wood-laminate flooring, and refreshed bathrooms with new vanities and finishes. The second 1-bdrm. unit is home to a Section 8 tenant paying $1,441 monthly. Finally, a renovated 2-bdrm unit achieves $2,195 monthly. Recent building upgrades include a new electrical panel, upgraded wiring, tankless water heaters, and mini-split air conditioning in all units. A motorized driveway gate secures approx. four surface parking spaces on a repaved driveway, while tenants cover all utilities directly (electric, gas, and trash), with water reimbursed through a RUBS program. 4421 Wall Street presents investors and owner-users with the opportunity to acquire a stabilized, upgraded triplex with FHA financing eligibility, modernized systems, and clear pathways for income growth through strategic lease-up and long-term repositioning.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,067,879 CAD
Price Per Unit $355,960 CAD
Sale Type Investment
Cap Rate 5.82%
Gross Rent Multiplier 11.46
No. Units 3
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.08 AC
Building Size 2,324 SF
Average Occupancy 67%
No. Stories 2
Year Built 1955
Parking Ratio 2.65/1,000 SF
Zoning LAR2

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Dishwasher
  • Washer/Dryer
  • Ceiling Fans
  • Kitchen
  • Oven
  • Stainless Steel Appliances
  • Range
  • Freezer
  • Quartz Countertops

SITE AMENITIES

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector
Walk Score®
Very Walkable (84)
Bike Score®
Very Bikeable (83)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37982947

  • Date on Market: 2025-10-07

  • Last Updated:

  • Address: 4421 Wall St, Los Angeles, CA 90011

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