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2025 NEW BUILT 5075 Pickford St 4 Unit Apartment Building $4,176,198 CAD ($1,044,050 CAD/Unit) 4.84% Cap Rate Los Angeles, CA 90019
Investment Highlights
- Located in the Mid-City neighborhood of Los Angeles, with convenient access to Beverly Hills, major freeways, dining, shopping, and cultural attractio
- POTENTIAL TO ADD AN ADU
- SELLER IS WILLING TO CARRY BACK A LOAN
- Residences offer private outdoor spaces such as balconies or rooftop decks, enhancing livability and appeal for tenants.
- TERRACES IN 3 OUT OF THE 4 UNITS
- SELLER IS WILLING BUY DOWN RATE
Executive Summary
NEW CONSTRUCTION 4-UNIT INVESTMENT OPPORTUNITY | REDUCED TO $2,995,000 | ADU POTENTIAL + CAP RATE UPSIDE + SOLAR PANELS PAID OFF/ APPROVED PLANS TO BUILD TWO ADUS. PERFECT FOR A 1031 EXCHANGE! Built in 2025, this 6,048 SF fourplex consists of two detached townhouse-style buildings with a highly desirable unit mix of (1) 4 bed / 3 bath and (3) 3 bed / 3 bath units, designed to attract strong tenant demand and long-term stability. The property generates $189,600 in gross annual income ($15,800/month) with tenants paying all utilities, resulting in a low ~24% expense ratio. With only property taxes (approx. 1.25% = $39,375) and insurance (~$4,000) as primary expenses, the asset produces a strong in-place NOI of approximately $136,745, equating to a 4.34% cap rate at asking price. Market rent projections support increased income to $198,000–$204,000 annually, with a projected NOI of $145,000–$150,000, offering a future cap rate of up to ~4.75%. Additional highlights include separate gas, water, and electric meters, paid-off solar panels, central AC with mini splits, in-unit laundry, private balconies/decks, and multiple parking options including carports and additional rear parking. The property also offers ADU potential, creating further upside and value-add opportunity. Ideally located in Mid-City Los Angeles just minutes from Beverly Hills, this asset is positioned for strong cash flow, minimal maintenance, and long-term appreciation, making it an excellent opportunity for 1031 exchange buyers or long-term investors seeking a turnkey, institutional-quality asset. CALL DIANA HERNANDEZ (562)331-2225.
Data Room Click Here to Access
- Offering Memorandum
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$264,376
|
$43.71
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$264,376
|
$43.71
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $264,376 |
| Annual Per SF | $43.71 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $264,376 |
| Annual Per SF | $43.71 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Washer/Dryer Hookup
- Heating
- Views
- Deck
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+3 | 1 | $5,717 CAD | 1,654 |
| 3+3 | 3 | $5,473 CAD | 1,446 - 1,485 |
1 1
Moderately walkable
70/100
Very drivable
80/100
Good public transit
70/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5067-002-055 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,128,596 CAD | Total Assessment | $1,128,596 CAD |
Property Taxes
Parcel Number
5067-002-055
Land Assessment
$1,128,596 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,128,596 CAD
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2025 NEW BUILT | 5075 Pickford St
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