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Executive Summary

Value-Add 4-Unit Multifamily Investment Opportunity Excellent opportunity to acquire a well-maintained 4-unit multifamily property with recent capital improvements already completed. Ownership has invested in a new roof and new dual-pane windows throughout the building, helping reduce future maintenance costs and enhance tenant appeal. The property features a vacant front garage, providing immediate flexibility for owner use, additional storage, potential rental income, or future value-add opportunities. Building-wide electrical infrastructure has also been recently upgraded, creating the capacity to accommodate an additional unit (buyer to verify all development potential and requirements with local authorities). With strong fundamentals, recent system upgrades, and future expansion potential, this property presents an attractive investment opportunity for both seasoned investors and owner-operators seeking long-term appreciation and income growth.

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
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 - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
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 $2,328,702 CAD
Price Per Unit $582,176 CAD
Sale Type Investment
Cap Rate 3.65%
Gross Rent Multiplier 17.74
No. Units 4
Property Type Multifamily
Building Size 2,838 SF
Average Occupancy 100%
No. Stories 2
Year Built 1949

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 $61,617 CAD -
1+1 2 $4,783 CAD -
Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2446-026-014
Land Assessment
$50,829 CAD
Improvements Assessment
$290,344 CAD
Total Assessment
$341,172 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 40759068

  • Date on Market: 2026-06-02

  • Last Updated:

  • Address: 924 W Clark Ave, Burbank, CA 91506

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