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13689 Garber St 3 Unit Apartment Building $1,585,000 ($528,333/Unit) 7.26% Cap Rate Arleta, CA 91331



Investment Highlights
- 3 Br/2bath House plus 2 2 Bedrooms townhouses
- Brandnew construction
Executive Summary
This newly constructed property sits on a corner lot with plenty of parking and is surrounded by other homes in a desirable neighborhood. The front house features 3 bedrooms and 2 bathrooms,EXCELLENT A BUYR WHO WANTS TO DO SMALL DAY CARE IN FRONT (SINCE ALL BACK YARDS ARE PROTECTED) along with a brand-new kitchen that includes a washer, dryer, and refrigerator.In the rear, there are two separate 2-bedroom, 2-bath townhouse-style units, each with its own washer and dryer included. The front and rear homes are divided by a privacy wall, giving each tenant their own space and privacy.
This is an excellent opportunity for an owner-user looking to live in the front home while renting out the rear units for additional income.
This is an excellent opportunity for an owner-user looking to live in the front home while renting out the rear units for additional income.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| 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 | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $1,585,000 | Property Subtype | Apartment |
| Price Per Unit | $528,333 | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 3,120 SF |
| Cap Rate | 7.26% | Average Occupancy | 0% |
| Gross Rent Multiplier | 11.74 | No. Stories | 2 |
| No. Units | 3 | Year Built | 2026 |
| Property Type | Multifamily | Parking Ratio | 1.28/1,000 SF |
| Zoning | LAR1 - House plus 2 ADU | ||
| Price | $1,585,000 |
| Price Per Unit | $528,333 |
| Sale Type | Investment |
| Cap Rate | 7.26% |
| Gross Rent Multiplier | 11.74 |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Lot Size | 0.16 AC |
| Building Size | 3,120 SF |
| Average Occupancy | 0% |
| No. Stories | 2 |
| Year Built | 2026 |
| Parking Ratio | 1.28/1,000 SF |
| Zoning | LAR1 - House plus 2 ADU |
Amenities
- Smoke Detector
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Washer/Dryer
- Washer/Dryer Hookup
- Tile Floors
- Kitchen
- Range
- Dining Room
Site Amenities
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $4,000 | 1,328 |
| 2+2 | 2 | $3,500 | 896 |
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 2621-006-036 | Total Assessment | $57,544 |
| Land Assessment | $29,384 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $28,160 | Tax Year | 2025 |
Property Taxes
Parcel Number
2621-006-036
Land Assessment
$29,384
Improvements Assessment
$28,160
Total Assessment
$57,544
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Contact the Sale Advisor
13689 Garber St
