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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



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 | Apartment Style | Low-Rise |
| Price Per Unit | $355,960 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 5.82% | Building Size | 2,324 SF |
| Gross Rent Multiplier | 11.46 | Average Occupancy | 67% |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 2.65/1,000 SF |
| Zoning | LAR2 | ||
| 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)
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FHA Eligible Triplex @ $765K | $255K per Unit | 4421 Wall St
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