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522-524 San Pascual Ave 9 Unit Apartment Building $3,564,730 CAD ($396,081 CAD/Unit) 3.98% Cap Rate Los Angeles, CA 90042
Investment Highlights
- Unique 9-unit residential income property featuring an 8-unit apartment building plus one detached 3BR/1.75BA house on a single site
- Prime Garvanza / Highland Park location near South Pasadena, Pasadena, Downtown Los Angeles, and the 110 Freeway
- Approx. 13,000 SF lot with on-site parking, separately metered gas and electric, and on-site laundry
Executive Summary
Rare 9-unit residential income property in Garvanza/Highland Park featuring an 8-unit apartment building plus a separate detached 3BR/1.75BA house on one site. The property offers a unique mixed-asset configuration, separately metered gas and electric, on-site laundry, and on-site parking on an approximately 13,000 SF lot. Apartment building built in 1963. House built in 1888.
Capital improvements include upgraded electrical panels in all apartment units (2026), copper plumbing (2016), new sewer line for the house (2016), and new cement parking lot (2016).
Located in one of Highland Park’s most appealing residential pockets with convenient access to South Pasadena, Pasadena, Downtown Los Angeles, and the 110 Freeway. Strong in-place income with additional upside potential
Capital improvements include upgraded electrical panels in all apartment units (2026), copper plumbing (2016), new sewer line for the house (2016), and new cement parking lot (2016).
Located in one of Highland Park’s most appealing residential pockets with convenient access to South Pasadena, Pasadena, Downtown Los Angeles, and the 110 Freeway. Strong in-place income with additional upside potential
Financial Summary (Pro Forma - 2026) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro Forma - 2026) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $3,564,730 CAD | Building Class | C |
| Price Per Unit | $396,081 CAD | Lot Size | 0.30 AC |
| Sale Type | Investment | Building Size | 6,730 SF |
| Cap Rate | 3.98% | Average Occupancy | 100% |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built/Renovated | 1963/2016 |
| Property Subtype | Apartment | Parking Ratio | 1.49/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | RD2, Los Angeles - RD2, Los Angeles | ||
| Price | $3,564,730 CAD |
| Price Per Unit | $396,081 CAD |
| Sale Type | Investment |
| Cap Rate | 3.98% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.30 AC |
| Building Size | 6,730 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1963/2016 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | RD2, Los Angeles - RD2, Los Angeles |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Heating
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,988 CAD | 600 |
| 3+2.5 | 1 | $3,428 CAD | 1,905 |
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Bike Score®
Very Bikeable (80)
Property Taxes
| Parcel Number | 5493-032-005 | Total Assessment | $1,615,981 CAD (2025) |
| Land Assessment | $896,687 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $719,294 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
5493-032-005
Land Assessment
$896,687 CAD (2025)
Improvements Assessment
$719,294 CAD (2025)
Total Assessment
$1,615,981 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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522-524 San Pascual Ave
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