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562 S Fetterly Ave 10 Unit Apartment Building Offered at $2,059,221 CAD at a 6.70% Cap Rate East Los Angeles, CA 90022
Executive Summary
Excellent investment opportunity in the heart of East Los Angeles! This well-located 10-unit property offers strong income potential and exceptional long-term upside. Each single-story unit features 1 bedroom and 1 bathroom with private exterior entrances centered around a charming shared courtyard, creating a welcoming community feel. Situated on a spacious 16,004 sq. ft. lot, the property includes two long driveways and two detached garages located at the rear, providing ample parking and added convenience. Ideally positioned just moments from Whittier Boulevard, residents enjoy easy access to shopping, dining, and everyday conveniences. The nearby East LA Civic Center Station offers convenient Metro access for commuting throughout Los Angeles. The property includes one owner-occupied unit, with one unit to be delivered vacant at close of escrow, presenting added flexibility and upside potential for investors or owner-users alike. A rare opportunity to own a centrally located multi-unit asset in a high-demand rental market. Don't miss this exceptional investment opportunity!
Financial Summary (Actual - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$214,302
|
$40.80
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$214,302
|
$40.80
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $214,302 |
| Annual Per SF | $40.80 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $214,302 |
| Annual Per SF | $40.80 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
| Price | $2,059,221 CAD | No. Units | 10 |
| Price Per Unit | $205,922 CAD | Property Type | Multifamily |
| Sale Type | Investment | Building Size | 5,252 SF |
| Cap Rate | 6.70% | No. Stories | 1 |
| Gross Rent Multiplier | 9.6 | Year Built | 1934 |
| Price | $2,059,221 CAD |
| Price Per Unit | $205,922 CAD |
| Sale Type | Investment |
| Cap Rate | 6.70% |
| Gross Rent Multiplier | 9.6 |
| No. Units | 10 |
| Property Type | Multifamily |
| Building Size | 5,252 SF |
| No. Stories | 1 |
| Year Built | 1934 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5248-018-013 | Improvements Assessment | $239,113 CAD |
| Land Assessment | $187,364 CAD | Total Assessment | $426,478 CAD |
Property Taxes
Parcel Number
5248-018-013
Land Assessment
$187,364 CAD
Improvements Assessment
$239,113 CAD
Total Assessment
$426,478 CAD
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562 S Fetterly Ave
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