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Executive Summary

A rare blend of vintage character and modern construction awaits at 5353-5355 Oakland St in the heart of Monterey Hills El Sereno. This five-unit, apartment community features two detached buildings constructed in 1926 and 2022 situated on approximately 5,253 square feet of land in Los Angeles, CA 90032. The property includes a charming two-bedroom single-family residence of approximately 985 square feet alongside a newly built four-unit apartment building offering two one-bedroom units of approximately 814 square feet each, two two-bedroom units of approximately 1,042 square feet, and a spacious three-bedroom unit of approximately 1,598 square feet. High-end finishes elevate the asset, including in-unit laundry, stainless steel appliances, hardwood flooring, and expansive balconies and patios with panoramic Los Angeles views. All units are market rate with no affordable housing restrictions, and the property is complemented by approximately 11 on-site parking spaces with convenient access from both the front and rear.

Financial Summary (Pro Forma - 2026)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $271,160 $51.62
Other Income $1,081 $0.21
Vacancy Loss - -
Effective Gross Income $272,242 $51.83
Taxes $37,686 $7.17
Operating Expenses $62,891 $11.97
Total Expenses $100,577 $19.15
Net Operating Income $171,664 $32.68

Financial Summary (Pro Forma - 2026)

Gross Rental Income (CAD)
Annual $271,160
Annual Per SF $51.62
Other Income (CAD)
Annual $1,081
Annual Per SF $0.21
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $272,242
Annual Per SF $51.83
Taxes (CAD)
Annual $37,686
Annual Per SF $7.17
Operating Expenses (CAD)
Annual $62,891
Annual Per SF $11.97
Total Expenses (CAD)
Annual $100,577
Annual Per SF $19.15
Net Operating Income (CAD)
Annual $171,664
Annual Per SF $32.68

Property Facts

Price $2,877,861 CAD
Price Per Unit $575,572 CAD
Sale Type Investment
Cap Rate 5.65%
Gross Rent Multiplier 10.61
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class B
Lot Size 0.17 AC
Building Size 5,253 SF
No. Stories 3
Year Built 2022
Zoning RD1.5-1

Amenities

Unit Amenities

  • Balcony
  • Washer/Dryer
  • Kitchen
  • Hardwood Floors
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Patio

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $3,666 CAD 985 - 1,100
1+1 2 $2,844 CAD 900 - 1,598
3+2 1 $4,796 CAD 1,368
Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
5219-003-023
Land Assessment
$519,758 CAD (2025)
Improvements Assessment
$1,129,045 CAD (2025)
Total Assessment
$1,648,803 CAD (2025)
Annual Taxes
$37,686 CAD ($7.17 CAD/SF)
Tax Year
2026
  • Listing ID: 39215495

  • Date on Market: 2026-01-26

  • Last Updated:

  • Address: 5353 Oakland St, Los Angeles, CA 90032

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