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Executive Summary

Located in the heart of El Sereno, 5005 Axtell St presents a prime opportunity to acquire a 12-unit multifamily property in a well-positioned Los Angeles neighborhood. Built in 1963, the property features a strong unit mix consisting of (10) two-bedroom/one-bathroom units, (1) one-bedroom/one-bathroom unit, and (1) studio unit. The building spans 9,312 square feet on an 11,342 square foot lot, offering ample living space for tenants. Situated in a desirable residential area, the property benefits from proximity to Cal State LA, Downtown Los Angeles, Dodger Stadium, and major freeways, providing convenient access to employment hubs, dining, and entertainment. This property presents an excellent investment opportunity for both seasoned and new multifamily investors.

Property Facts

Price $3,361,055 CAD
Price Per Unit $280,088 CAD
Sale Type Investment
Cap Rate 4.78%
Gross Rent Multiplier 13.34
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.26 AC
Building Size 9,312 SF
Average Occupancy 100%
No. Stories 2
Year Built 1963
Parking Ratio 1.4/1,000 SF
Zoning LARD3

Amenities

  • Smoke Detector

Unit Amenities

  • Heating
  • Kitchen
  • Tub/Shower

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - -
2+2 10 - -
Studios 1 - -
Moderately walkable
60/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5218-011-024
Land Assessment
$2,642,731 CAD
Improvements Assessment
$1,501,553 CAD
Total Assessment
$4,144,284 CAD
  • Listing ID: 39256763

  • Date on Market: 2026-01-29

  • Last Updated:

  • Address: 5005 Axtell St, Los Angeles, CA 90032

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