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Investment Highlights

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

Executive Summary

There are three metro stops: The terminus is at Wilshire and La Cienega, the middle one at Wilshire and Fairfax, and the first new stop is Wilshire and La Brea.
Prime Investment Opportunity

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $209,530 $39.53
Other Income - -
Vacancy Loss - -
Effective Gross Income $209,530 $39.53
Taxes $19,674 $3.71
Operating Expenses $97,466 $18.39
Total Expenses $117,140 $22.10
Net Operating Income $92,391 $17.43

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $209,530
Annual Per SF $39.53
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $209,530
Annual Per SF $39.53
Taxes (CAD)
Annual $19,674
Annual Per SF $3.71
Operating Expenses (CAD)
Annual $97,466
Annual Per SF $18.39
Total Expenses (CAD)
Annual $117,140
Annual Per SF $22.10
Net Operating Income (CAD)
Annual $92,391
Annual Per SF $17.43

Property Facts

Price $3,236,100 CAD
Price Per Unit $809,025 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
  • Public Transportation
  • Walk-Up
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+2 1 $5,935 CAD -
2+1.5 3 $4,129 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
$862,015 CAD
Improvements Assessment
$732,283 CAD
Total Assessment
$1,594,298 CAD
Annual Taxes
$19,674 CAD ($3.71 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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