Log In/Sign Up
Your email has been sent.
1716-1718 W 45th St 5 Unit Apartment Building $1,749,000 ($349,800/Unit) 6.60% Cap Rate Los Angeles, CA 90062
INVESTMENT HIGHLIGHTS
- 1 unit of 3 bedroom is vacant for owner use
- 5 parking spaces
- Western and Vernon
EXECUTIVE SUMMARY
5-UNIT COMPLEX! Stylish cosmetic remodel with new hardwood laminate flooring throughout, kitchens, bathrooms, and fixtures. New roof and plenty of parking. Two-story Spanish 4plex with a detached 3 bedroom house (City records show 2 bed). Submit your best offer. Great access to Downtown L.A, and other major City hubs. West of Western, South of Vernon, North of Slauson. 1 unit is currently vacant for owner use or to get new tenant.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$149,646
|
$27.39
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$149,646
|
$27.39
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$33,892
|
$6.20
|
| Net Operating Income |
$115,754
|
$21.18
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $149,646 |
| Annual Per SF | $27.39 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $149,646 |
| Annual Per SF | $27.39 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $33,892 |
| Annual Per SF | $6.20 |
| Net Operating Income | |
|---|---|
| Annual | $115,754 |
| Annual Per SF | $21.18 |
PROPERTY FACTS
| Price | $1,749,000 | Apartment Style | Low-Rise |
| Price Per Unit | $349,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 6.60% | Building Size | 5,464 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 100% |
| Gross Rent Multiplier | 12 | No. Stories | 2 |
| No. Units | 5 | Year Built | 1915 |
| Property Type | Multifamily | Parking Ratio | 1/1,000 SF |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | R2 - Residential | ||
| Price | $1,749,000 |
| Price Per Unit | $349,800 |
| Sale Type | Investment |
| Cap Rate | 6.60% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 12 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,464 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1915 |
| Parking Ratio | 1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | R2 - Residential |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Tub/Shower
- Smoke Free
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | $2,250 | - |
| 3+2 | 1 | $3,750 | - |
1 1
Walk Score®
Very Walkable (76)
PROPERTY TAXES
| Parcel Number | 5016-006-006 | Improvements Assessment | $329,967 (2025) |
| Land Assessment | $768,032 (2025) | Total Assessment | $1,097,999 (2025) |
PROPERTY TAXES
Parcel Number
5016-006-006
Land Assessment
$768,032 (2025)
Improvements Assessment
$329,967 (2025)
Total Assessment
$1,097,999 (2025)
1 of 11
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1716-1718 W 45th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.