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5014 Pickford St
Los Angeles, CA 90019
Multifamily Property For Sale
·
4 Units


Investment Highlights
- Fully stabilized fourplex with a 6.20% cap rate and no rent control.
- Separately metered utilities and low operating expenses for efficient management.
- Prime Mid-City location near major employers, transit routes, and lifestyle amenities.
- Modern tri-level townhomes featuring premium finishes and private balconies.
- Recent upgrades include new security gates, landscaping with irrigation, and electrical enhancements.
- Opportunity Zone designation offers potential tax advantages for investors.
Executive Summary
5014 Pickford Street presents a rare opportunity to acquire a fully stabilized, high-income fourplex in the heart of Los Angeles’ Mid-City neighborhood. Built in 2020, this modern asset consists of four spacious tri-level townhomes, each featuring premium finishes, private balconies, and open-concept layouts designed for today’s urban renter. The property is separately metered for all utilities, ensuring low operating expenses, and includes seven dedicated parking spaces plus three bonus spaces.
With a REAL 6.20% cap rate and no rent control, this property offers strong cash flow and minimal management requirements, making it an attractive option for 1031 exchange buyers and investors seeking long-term stability. Recent capital improvements include new security gates, refreshed landscaping with irrigation, and electrical upgrades. Each unit is equipped with Samsung in-unit washer/dryers, central air and heat, and modern kitchens and baths.
Located in a rapidly appreciating submarket, the property benefits from proximity to major employment hubs such as Culver City, Miracle Mile, and the Jefferson Corridor, home to Amazon Studios, Apple TV+, HBO, and Sony. Surrounded by top dining, retail, and entertainment options, 5014 Pickford combines strong financial performance with exceptional location advantages, making it a turnkey investment in one of LA’s most dynamic neighborhoods.
With a REAL 6.20% cap rate and no rent control, this property offers strong cash flow and minimal management requirements, making it an attractive option for 1031 exchange buyers and investors seeking long-term stability. Recent capital improvements include new security gates, refreshed landscaping with irrigation, and electrical upgrades. Each unit is equipped with Samsung in-unit washer/dryers, central air and heat, and modern kitchens and baths.
Located in a rapidly appreciating submarket, the property benefits from proximity to major employment hubs such as Culver City, Miracle Mile, and the Jefferson Corridor, home to Amazon Studios, Apple TV+, HBO, and Sony. Surrounded by top dining, retail, and entertainment options, 5014 Pickford combines strong financial performance with exceptional location advantages, making it a turnkey investment in one of LA’s most dynamic neighborhoods.
Property Facts
| Price Per Unit | $941,002 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.16 AC |
| Cap Rate | 6.20% | Building Size | 5,658 SF |
| No. Units | 4 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 2020 |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Zoning | LARD1.5 - Restricted Density Multiple | ||
| Price Per Unit | $941,002 CAD |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 5,658 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 2020 |
| Opportunity Zone |
Yes |
| Zoning | LARD1.5 - Restricted Density Multiple |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Double Vanities
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Stainless Steel Appliances
- Range
- Freezer
Site Amenities
- 24 Hour Access
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 4 | - | 1,450 - 1,640 |
Property Taxes
| Parcel Number | 5067-015-036 | Improvements Assessment | $2,755,694 CAD |
| Land Assessment | $1,629,711 CAD | Total Assessment | $4,385,405 CAD |
Property Taxes
Parcel Number
5067-015-036
Land Assessment
$1,629,711 CAD
Improvements Assessment
$2,755,694 CAD
Total Assessment
$4,385,405 CAD
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