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Investment Highlights

  • Delivered fully leased and producing a true 6.25% cap rate with immediate day one cash flow
  • Located minutes from Culver City’s tech and media corridor including Amazon Studios, Apple, HBO, and Sony
  • All units separately metered for electric and water keeping operating expenses extremely low
  • $336,000 in annual gross income supported by strong Mid City rental demand
  • Prime Mid City location attracting young professionals seeking central access to the Westside, Beverly Hills, and Downtown Los Angeles
  • Attractive basis at $716,500 per unit and $465 per square foot for new construction in a high growth rental market

Executive Summary

The 5+ Unit Specialists are pleased to present 5209 W 20th St, a newly constructed, fully stabilized six unit investment located on a quiet tree lined street in prime Mid City. This luxury asset delivers a true 6.25% cap rate supported by $336,000 in gross income and $268,598 in net operating income, offering investors immediate day one cash flow in one of Los Angeles’ strongest rental markets.
The property features an exceptional unit mix of five expansive four bedroom tri level townhome style residences and one equally impressive three bedroom unit. These homes offer oversized kitchens, generous living spaces, designer tilework, modern cabinetry, stainless steel appliances, large closets, abundant natural light, multiple balconies, and massive rooftop decks that create a true luxury rental experience.
The location is a major draw for career stable renters seeking proximity to Culver City’s rapidly expanding tech and media corridor. With Apple, Amazon Studios, HBO, and Sony continuing to expand nearby, this pocket of Mid City has become a preferred home base for professionals seeking shorter commutes, modern housing, and convenient access to the Westside, Beverly Hills, and Downtown Los Angeles. This combination of new construction and proximity to major employment hubs creates a deep and reliable tenant pool with sustained rental demand.
With separate utility meters, brand new building systems, drought tolerant landscaping, ample parking, and a full one year builder warranty, the property offers investors a low maintenance and operationally efficient asset. Priced at $716,500 per unit and $465 per square foot, 5209 W 20th St blends luxury design with strong in place income performance in one of the most central neighborhoods in Los Angeles.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $459,893 $49.79
Other Income - -
Vacancy Loss $13,797 $1.49
Effective Gross Income $446,096 $48.30
Taxes $69,863 $7.56
Operating Expenses $8,596 $0.93
Total Expenses $78,458 $8.49
Net Operating Income $367,638 $39.80

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $459,893
Annual Per SF $49.79
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $13,797
Annual Per SF $1.49
Effective Gross Income (CAD)
Annual $446,096
Annual Per SF $48.30
Taxes (CAD)
Annual $69,863
Annual Per SF $7.56
Operating Expenses (CAD)
Annual $8,596
Annual Per SF $0.93
Total Expenses (CAD)
Annual $78,458
Annual Per SF $8.49
Net Operating Income (CAD)
Annual $367,638
Annual Per SF $39.80

Property Facts

Price $5,884,170 CAD
Price Per Unit $980,695 CAD
Sale Type Investment
Cap Rate 6.25%
Sale Condition Build to Suit
Gross Rent Multiplier 12.77
No. Units 6
Property Type
Multifamily
  • Multifamily Apartments
Apartment Style Low-Rise
Lot Size 0.17 AC
Building Size 9,236 SF
Average Occupancy 100%
No. Stories 3
Year Built 2026
Parking Ratio 1.3/1,000 SF
Opportunity Zone Yes
Zoning LAR1.5

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Washer/Dryer Hookup
  • Heating
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Ice Maker
  • Refrigerator
  • Oven
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Deck
  • Double Pane Windows
  • Family Room
  • Freezer
  • Handrails
  • Instant Hot Water
  • Office
  • Smoke Free
  • Vinyl Flooring
  • Large Bedrooms
  • Quartz Countertops

Site Amenities

  • Individual Locking Bedrooms
  • Private Bathroom

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+4.5 1 $6,700 CAD 1,443
4+4.5 1 $6,700 CAD 1,443
4+4.5 1 $6,169 CAD 1,502
4+4 1 $6,091 CAD 1,313
4+4 1 $6,700 CAD 1,915
3+3.5 1 $5,879 CAD 1,531
Walk Score®
Very Walkable (77)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
5063-001-015
Land Assessment
$1,256,494 CAD
Improvements Assessment
$139,610 CAD
Total Assessment
$1,396,105 CAD
Annual Taxes
$69,863 CAD ($7.56 CAD/SF)
Tax Year
2025
  • Listing ID: 39769972

  • Date on Market: 2026-03-13

  • Last Updated:

  • Address: 5209 W 20th St, Los Angeles, CA 90016

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