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The Aldama Collection 6178 Aldama St 5 Unit Apartment Building $3,838,780 CAD ($767,756 CAD/Unit) 5.65% Cap Rate Los Angeles, CA 90042

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INVESTMENT HIGHLIGHTS

  • Prime Highland Park location steps to York, high walkability, strong rental demand
  • Majority of units newer construction Non-RSO (LAs restrictive rent control) rare in Los Angeles
  • Fully occupied, market rate, zero vacancy drag

EXECUTIVE SUMMARY

Just listed. Fully occupied, market-rate newer construction asset in one of Highland Park’s most coveted rental pockets. The Aldama Collection is a Unique opportunity to acquire a design-driven compound featuring a restored 1915 Craftsman residence at the front and four 2016-built townhome-style homes behind it. This property combines architectural appeal, modern systems, and efficient operations, delivering durable rentability and long-term value in a supply-constrained submarket.
Situated just off York Boulevard and moments from Figueroa, yet quietly set on a tree-lined street, the property offers exceptional walkability and sustained renter demand. Professionally managed with minimal operating expenses, it generates strong in-place income with an NOI of $155,225 and is offered at a Real 5.65 percent cap rate on actuals. Each residence features private outdoor space, in-unit laundry, separate meters, and on-site parking with garages, supporting low turnover and competitive market performance.
With ten parking spaces, non-RSO status for the majority (4) of units, and pride-of-ownership curb appeal, this is an extremely limited chance to secure a stabilized, turnkey multifamily asset in one of Northeast Los Angeles’ most desirable neighborhoods. Trophy holdings of this caliber rarely come to market.

FINANCIAL SUMMARY (ACTUAL - 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 (ACTUAL - 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 $3,838,780 CAD
Price Per Unit $767,756 CAD
Sale Type Investment
Cap Rate 5.65%
Gross Rent Multiplier 12
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class C
Lot Size 0.23 AC
Building Size 7,764 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1915/2016
Parking Ratio 1.29/1,000 SF
Zoning RD2 - RD2 zoning in Los Angeles allows for lower-density residential development, typically permitting one dwelling unit per 2,000 square feet of lot area.

AMENITIES

  • Smoke Detector

UNIT AMENITIES

  • Air Conditioning
  • Balcony
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Storage Space
  • Washer/Dryer
  • Heating
  • Bay Window
  • Tile Floors
  • Crown Molding
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • Vaulted Ceiling
  • High Speed Internet Access
  • Refrigerator
  • Sprinkler System
  • Stainless Steel Appliances
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Yard
  • Attic
  • Basement
  • Deck
  • Den
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Freezer
  • Handrails
  • Island Kitchen
  • Office
  • Patio
  • Porch
  • Window Coverings
  • Large Bedrooms
  • Quartz Countertops

SITE AMENITIES

  • Individual Locking Bedrooms
  • Private Bathroom

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
3+2 1 $5,018 CAD 1,204
2+2.5 1 $4,956 CAD 1,317
3+3 1 $5,543 CAD 1,709
3+3.5 2 $5,556 CAD 1,767
Walk Score®
Walker's Paradise (92)
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
5484-016-034
Land Assessment
$848,108 CAD (2025)
Improvements Assessment
$1,376,055 CAD (2025)
Total Assessment
$2,224,163 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026 Payable 2026
  • Listing ID: 38342337

  • Date on Market: 2025-11-05

  • Last Updated:

  • Address: 6178 Aldama St, Los Angeles, CA 90042

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