Share This Listing

Message

952 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

7749-7755 Saint Bernard St 14 Unit Apartment Building $6,281,640 CAD ($448,689 CAD/Unit) 5.06% Cap Rate Playa Del Rey, CA 90293

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Oversized units with balconies and pool on-site.
  • Well Below Market Price per foot and below replacement cost. offers $268 a foot in Playa Del Rey is unheard of
  • 14 Parking spaces on site
  • 5% in place Cap Rate and sub 12 GRM with over 55% rental upside
  • Across from the Brand New LuLu's complex offering country club amenities for free
  • New Roof and Soft Story Retrofit Completed

EXECUTIVE SUMMARY

**CALL FOR OFFERS FRIDAY 31, 2025 || EXCLUSIVE TOUR WEDNESDAY 29th ** CONTACT US FOR MORE INFO
Incredible 14-unit Trophy Asset being offered below replacement cost and well below the market on price per foot. All units are oversized and offer private balconies and patios as well as a on-site pool. Located in the highly desirable location of Playa Del Rey or tech hub, Silicon Beach, this property not only has on-site amenities but has the advantage of being steps from LuLu's place. Lulu's place is a state of the art sports facility offering free access to Tennis Courts, Pickleball, Volleyball, Soccer Fields, and more.
Tenants will have their own private country club in their backyard. The Haywood Apartments are not only in one of the most desirable pockets of Los Angeles, but can be acquired at a 5% Cap Rate and a sub-12 GRM with 55% rental upside. This asset is well maintained and recently had it's Soft Story Retrofit completed as well as a brand new roof. To add to this property's desirability, The Haywood also has the most ideal unit mix with nine 2-bed and 2-bath units, and four 1-bed and 1-bath units, and just one 3-bed and 3-bath unit. The Haywood apartments just get better and better. Do not miss your opportunity to own a well-maintained Trophy Asset in an A+ location with 55% upside in value being offered under current indicators.

FINANCIAL SUMMARY (ACTUAL - 2024) 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 - 2024) 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 $6,281,640 CAD
Price Per Unit $448,689 CAD
Sale Type Investment
Cap Rate 5.06%
Gross Rent Multiplier 11.99
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.39 AC
Building Size 13,000 SF
Average Occupancy 95%
No. Stories 2
Year Built 1962
Parking Ratio 1.08/1,000 SF
Zoning LAR3

AMENITIES

UNIT AMENITIES

  • Balcony
  • Cable Ready
  • Washer/Dryer
  • Heating
  • Hardwood Floors
  • Tub/Shower
  • Garden
  • Patio

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+2 9 $14,569 CAD 1,162
1+1 4 $9,866 CAD 905
3+3 1 $3,656 CAD 2,691

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4118-010-041
Land Assessment
$1,708,005 CAD (2025)
Improvements Assessment
$1,400,050 CAD (2025)
Total Assessment
$3,108,055 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
  • Listing ID: 37869304

  • Date on Market: 2025-09-29

  • Last Updated:

  • Address: 7749-7755 Saint Bernard St, Playa Del Rey, CA 90293

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}