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833 N McCadden Pl 5 Unit Apartment Building $7,456,684 CAD ($1,491,337 CAD/Unit) 6.28% Cap Rate Los Angeles, CA 90038
Investment Highlights
- 2 Private Parking Spaces Per Unit
- Prime Hollywood Location
- Solar Energy for Efficiency
Executive Summary
6.28% 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 |
$573,721
|
$52.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$573,721
|
$52.50
|
| Taxes |
$92,087
|
$8.43
|
| Operating Expenses |
$16,758
|
$1.53
|
| Total Expenses |
$108,845
|
$9.96
|
| Net Operating Income |
$464,876
|
$42.54
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $573,721 |
| Annual Per SF | $52.50 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $573,721 |
| Annual Per SF | $52.50 |
| Taxes (CAD) | |
|---|---|
| Annual | $92,087 |
| Annual Per SF | $8.43 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $16,758 |
| Annual Per SF | $1.53 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $108,845 |
| Annual Per SF | $9.96 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $464,876 |
| Annual Per SF | $42.54 |
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
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Public Transportation
- Private Bathroom
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4.5 | 5 | $9,506 CAD | 1,815 |
1 1
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 5524-004-007 | Total Assessment | $2,119,073 CAD |
| Land Assessment | $1,436,660 CAD | Annual Taxes | $92,087 CAD ($8.43 CAD/SF) |
| Improvements Assessment | $682,413 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
5524-004-007
Land Assessment
$1,436,660 CAD
Improvements Assessment
$682,413 CAD
Total Assessment
$2,119,073 CAD
Annual Taxes
$92,087 CAD ($8.43 CAD/SF)
Tax Year
2025
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833 N McCadden Pl
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