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3410 Club Dr 18 Unit Apartment Building $9,132,783 CAD ($507,377 CAD/Unit) 4.80% Cap Rate Los Angeles, CA 90064



Investment Highlights
- Approx. $524,000 of Gross Annual Income
- Value-Add Upside with Potential for Two ADU Conversions (one un-permitted studio with bath and one large storage bonus room)
- Controlled Entry, On-Site Laundry, and Well-Maintained Pool
- 15 of 17 Units Renovated with Upside Potential
- Seismic Earthquake Retrofit & Balcony Inspections Completed
- Capital Improvements Include: Predominantly Copper Plumbing, Largely Updated Electrical Systems, and Mostly Newer Windows
Executive Summary
3410 Club Drive presents a rare opportunity to acquire a well-performing 17-unit multifamily property in a highly desirable in west Los Angeles, adjacent to Cheviot Hills and near Culver City. The property is largely renovated, with 15 of 17 units featuring updated interiors, generating approximately $524,000 in gross annual income and offering strong in-place cash flow. The property features a charming central courtyard, a well-maintained pool, on-site laundry, controlled access, and 18 carport parking spaces, many of which have built-in storage. Excellent Unit Mix of (4) 2+2, (9) 2+1, (4) 1+1. Select capital improvements have been completed over time and include predominantly copper plumbing, largely updated electrical systems, and mostly newer windows (buyer to verify). Seismic retrofit earthquake work and required balcony inspections have been completed, reducing future capital exposure. Additional upside exists via two existing non-residential spaces that may be suitable for ADU conversion, presenting potential for future income growth (buyer to verify feasibility with the City). This offering is well-suited for investors, including 1031 exchange buyers, seeking a stabilized asset with durable income and long-term growth potential.
Financial Summary (Pro Forma - 2026) 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 - 2026) 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 | $9,132,783 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $507,377 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.33 AC |
| Cap Rate | 4.80% | Building Size | 13,506 SF |
| Gross Rent Multiplier | 12.8 | Average Occupancy | 100% |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1957 |
| Property Subtype | Apartment | Parking Ratio | 1.33/1,000 SF |
| Zoning | LAR3 | ||
| Price | $9,132,783 CAD |
| Price Per Unit | $507,377 CAD |
| Sale Type | Investment |
| Cap Rate | 4.80% |
| Gross Rent Multiplier | 12.8 |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.33 AC |
| Building Size | 13,506 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1957 |
| Parking Ratio | 1.33/1,000 SF |
| Zoning | LAR3 |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Ceiling Fans
- Tile Floors
- Stainless Steel Appliances
- Vinyl Flooring
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $2,524 CAD | - |
| 2+1 | 9 | $3,764 CAD | - |
| 2+2 | 4 | $3,800 CAD | - |
| Studios | 1 | - | - |
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Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (76)
Property Taxes
| Parcel Number | 4316-031-014 | Total Assessment | $3,507,069 CAD (2025) |
| Land Assessment | $2,559,919 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $947,151 CAD (2025) | Tax Year | 2026 |
Property Taxes
Parcel Number
4316-031-014
Land Assessment
$2,559,919 CAD (2025)
Improvements Assessment
$947,151 CAD (2025)
Total Assessment
$3,507,069 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2026
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3410 Club Dr
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