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8420-8428 Gulana Ave. 8420 Gulana Ave 8 Unit Apartment Building $5,509,240 CAD ($688,655 CAD/Unit) 2.94% Cap Rate Playa Del Rey, CA 90293

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INVESTMENT HIGHLIGHTS

  • Double Parcel - pride of ownership shows!
  • Great unit mix - large units!

EXECUTIVE SUMMARY

Two beautiful well-maintained properties being sold together! Owner is motivated to sell! These properties have a great unit mix consisting of: two 3-bedroom units, three 2-bedroom units, two 1-bedroom units, and one studio! Combined approximately ~11,360 square foot of lot and approximately ~7,323 square foot of structure. This is a great investment opportunity due to its condition, layout, size, and upside rent potential.
Two Parcels being sold together: APN's - 4115-024-005 & 4115-024-006. 8420-8428 Gulana Ave. Playa Del Rey 90293

FINANCIAL SUMMARY (PRO FORMA - 2025) 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 (PRO FORMA - 2025) 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 $5,509,240 CAD
Price Per Unit $688,655 CAD
Sale Type Investment
Cap Rate 2.94%
Sale Condition 1031 Exchange
Gross Rent Multiplier 18.61
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.13 AC
Building Size 3,193 SF
No. Stories 2
Year Built 1959
Parking Ratio 2.5/1,000 SF
Zoning LAR3 - Multiple Dwelling

AMENITIES

SITE AMENITIES

  • Laundry Facilities

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
Studios 1 - -
1+1 1 - -
2+1 1 - -
3+2 1 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4115-024-005
Land Assessment
$1,930,368 CAD
Improvements Assessment
$826,615 CAD
Total Assessment
$2,756,982 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 36853090

  • Date on Market: 2025-07-21

  • Last Updated:

  • Address: 8420 Gulana Ave, Playa Del Rey, CA 90293

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