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Investment Highlights

  • South Carthay location, near new metro line
  • low vacancy
  • Near Market Rents

Executive Summary

Prime investment opportunity
Historic building (HPOZ)

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $207,039 $32.41
Other Income - -
Vacancy Loss - -
Effective Gross Income $207,039 $32.41
Taxes $19,440 $3.04
Operating Expenses $96,307 $15.08
Total Expenses $115,747 $18.12
Net Operating Income $91,292 $14.29

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $207,039
Annual Per SF $32.41
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $207,039
Annual Per SF $32.41
Taxes (CAD)
Annual $19,440
Annual Per SF $3.04
Operating Expenses (CAD)
Annual $96,307
Annual Per SF $15.08
Total Expenses (CAD)
Annual $115,747
Annual Per SF $18.12
Net Operating Income (CAD)
Annual $91,292
Annual Per SF $14.29

Property Facts

Price $3,197,621 CAD
Price Per Unit $799,405 CAD
Sale Type Investment
Cap Rate 3.01%
Gross Rent Multiplier 15.4
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.17 AC
Building Size 5,300 SF
Average Occupancy 100%
No. Stories 2
Year Built 1935
Parking Ratio 0.75/1,000 SF
Zoning LAR3 - LA3

Amenities

Unit Amenities

  • Heating
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower

Site Amenities

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

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $5,864 CAD -
2+1.5 3 $4,080 CAD -
Very walkable
80/100
Moderately drivable
60/100
Good public transit
60/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
5087-007-006
Land Assessment
$833,045 CAD
Improvements Assessment
$707,673 CAD
Total Assessment
$1,540,717 CAD
Annual Taxes
$19,440 CAD ($3.67 CAD/SF)
Tax Year
2025
  • Listing ID: 40532357

  • Date on Market: 2026-05-14

  • Last Updated:

  • Address: 6512 W Olympic Blvd, Los Angeles, CA 90048

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