Log In/Sign Up
Your email has been sent.
474 S Eastern Ave 5 Unit Apartment Building Offered at $2,038,966 CAD at a 7.20% Cap Rate East Los Angeles, CA 90022
Investment Highlights
- Strong current cap rate of 7.20% based on actual 2025 operating performance — well above the Los Angeles metro average of 5.6%
- Proximity to East Los Angeles College, Cal State LA, and USC Health Sciences Campus drives sustained renter demand.
- Landlord expense structure is exceptionally lean: only utilities and property taxes are owner responsibility.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$179,982
|
$93.11
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$8,999
|
$4.66
|
| Effective Gross Income |
$170,983
|
$88.45
|
| Taxes |
$25,488
|
$13.19
|
| Operating Expenses |
$770
|
$0.40
|
| Total Expenses |
$26,258
|
$13.58
|
| Net Operating Income |
$144,725
|
$74.87
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $179,982 |
| Annual Per SF | $93.11 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,999 |
| Annual Per SF | $4.66 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $170,983 |
| Annual Per SF | $88.45 |
| Taxes (CAD) | |
|---|---|
| Annual | $25,488 |
| Annual Per SF | $13.19 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $770 |
| Annual Per SF | $0.40 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $26,258 |
| Annual Per SF | $13.58 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $144,725 |
| Annual Per SF | $74.87 |
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 3 | $2,730 CAD | - |
| 1+1 | 1 | $2,350 CAD | - |
| 3+2 | 1 | $4,147 CAD | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 5236-023-008 | Total Assessment | $1,032,046 CAD (2025) |
| Land Assessment | $537,711 CAD (2025) | Annual Taxes | $25,488 CAD ($7.42 CAD/SF) |
| Improvements Assessment | $494,335 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
5236-023-008
Land Assessment
$537,711 CAD (2025)
Improvements Assessment
$494,335 CAD (2025)
Total Assessment
$1,032,046 CAD (2025)
Annual Taxes
$25,488 CAD ($7.42 CAD/SF)
Tax Year
2026
1 of 32
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
474 S Eastern Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.