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726 N Alfred St 7 Unit Apartment Building $6,058,981 CAD ($865,569 CAD/Unit) 1.73% Cap Rate West Hollywood, CA 90069
INVESTMENT HIGHLIGHTS
- great oppportunity for investors!
EXECUTIVE SUMMARY
7-Unit Multifamily Investment in Los Angeles
Presenting a well-maintained 7-unit apartment building featuring a strong unit mix—five 1-bedroom/1-bath units and two 2-bedroom/1-bath units. Located in a rental-friendly Los Angeles neighborhood, this property offers stable income and upside potential through future rent increases or light value-add improvements. A solid opportunity for investors seeking consistent cash flow in a desirable multifamily asset class. Contact for rent roll and financials.
Presenting a well-maintained 7-unit apartment building featuring a strong unit mix—five 1-bedroom/1-bath units and two 2-bedroom/1-bath units. Located in a rental-friendly Los Angeles neighborhood, this property offers stable income and upside potential through future rent increases or light value-add improvements. A solid opportunity for investors seeking consistent cash flow in a desirable multifamily asset class. Contact for rent roll and financials.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$257,275
|
$34.84
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$257,275
|
$34.84
|
| Taxes |
$5,217
|
$0.71
|
| Operating Expenses |
$147,512
|
$19.98
|
| Total Expenses |
$152,729
|
$20.68
|
| Net Operating Income |
$104,545
|
$14.16
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $257,275 |
| Annual Per SF | $34.84 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $257,275 |
| Annual Per SF | $34.84 |
| Taxes (CAD) | |
|---|---|
| Annual | $5,217 |
| Annual Per SF | $0.71 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $147,512 |
| Annual Per SF | $19.98 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $152,729 |
| Annual Per SF | $20.68 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $104,545 |
| Annual Per SF | $14.16 |
PROPERTY FACTS
| Price | $6,058,981 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $865,569 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 1.73% | Building Size | 5,162 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 0.57/1,000 SF |
| Zoning | LAR3 - Multifamily Residential Development | ||
| Price | $6,058,981 CAD |
| Price Per Unit | $865,569 CAD |
| Sale Type | Investment |
| Cap Rate | 1.73% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,162 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | LAR3 - Multifamily Residential Development |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $3,185 CAD | 630 - 650 |
| 2+1 | 2 | $3,809 CAD | 890 |
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Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 5528-001-041 | Total Assessment | $313,653 CAD (2025) |
| Land Assessment | $114,382 CAD (2025) | Annual Taxes | $5,217 CAD ($1.01 CAD/SF) |
| Improvements Assessment | $199,271 CAD (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5528-001-041
Land Assessment
$114,382 CAD (2025)
Improvements Assessment
$199,271 CAD (2025)
Total Assessment
$313,653 CAD (2025)
Annual Taxes
$5,217 CAD ($1.01 CAD/SF)
Tax Year
2024
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726 N Alfred St
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