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833 N McCadden Pl 5 Unit Apartment Building $7,535,843 CAD ($1,507,169 CAD/Unit) 6.01% Cap Rate Los Angeles, CA 90038
INVESTMENT HIGHLIGHTS
- 2 Private Parking Spaces Per Unit
- Prime Hollywood Location
- Solar Energy for Efficiency
EXECUTIVE SUMMARY
6.01% Cap Rate & Fully Leased - 833 N McCadden Place is a brand-new collection of five fully-leased townhome-style apartments in the heart of Hollywood, Los Angeles. The building includes five 4-bedroom, 4.5-bath units, each with two parking spaces. Tenants pay all utilities. Each unit features in-unit laundry, stainless steel appliances, and modern, open layouts designed for comfort and functionality. The property also includes solar energy, adding efficiency and sustainability. With contemporary design, high-quality finishes, and spacious, light-filled interiors, 833 N McCadden Place combines turnkey income with minimal maintenance in a prime Hollywood location.
FINANCIAL SUMMARY (ACTUAL - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$558,708
|
$51.12
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$558,708
|
$51.12
|
| Taxes |
$89,677
|
$8.21
|
| Operating Expenses |
$16,320
|
$1.49
|
| Total Expenses |
$105,997
|
$9.70
|
| Net Operating Income |
$452,711
|
$41.42
|
FINANCIAL SUMMARY (ACTUAL - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $558,708 |
| Annual Per SF | $51.12 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $558,708 |
| Annual Per SF | $51.12 |
| Taxes (CAD) | |
|---|---|
| Annual | $89,677 |
| Annual Per SF | $8.21 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $16,320 |
| Annual Per SF | $1.49 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $105,997 |
| Annual Per SF | $9.70 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $452,711 |
| Annual Per SF | $41.42 |
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
- Range
- Freezer
SITE AMENITIES
- Private Bathroom
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+4.5 | 5 | $9,257 CAD | 1,815 |
1 1
Walk Score®
Very Walkable (89)
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833 N McCadden Pl
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