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1825 Altivo Way 2 Unit Apartment Building Offered at $1,549,945 at a 6.97% Cap Rate Los Angeles, CA 90026
Executive Summary
One-of-a-kind showplace featuring two homes on an expansive 16,549 square foot lot. The main residence is a stunning 1,924 square foot two-story Craftsman offering 3 bedrooms and 3 bathrooms, thoughtfully updated while preserving its timeless character. Enjoy a newer kitchen, formal dining room, and an inviting living room with fireplace, along with a dedicated laundry area, central heat and air, rich wood flooring, and a basement for added space and versatility. Step outside to a huge wraparound patio showcasing breathtaking panoramic city lights views, perfect for entertaining or relaxing in style. The property also includes a separate guest room with 1 bedroom and 1 bathroom, as well as a beautifully updated guest house complete with 1 bedroom, a remodeled bathroom, and a remodeled kitchen, ideal for extended family, guests, or potential rental income. With two APNs (5443-012-002 and 5443-012-001, possibility of selling the lot in the future) and too many features to list, this rare offering combines space, flexibility, and exceptional charm in a truly unique setting.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$134,400
|
$51.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$134,400
|
$51.28
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$26,375
|
$10.06
|
| Net Operating Income |
$108,025
|
$41.22
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $134,400 |
| Annual Per SF | $51.28 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $134,400 |
| Annual Per SF | $51.28 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $26,375 |
| Annual Per SF | $10.06 |
| Net Operating Income | |
|---|---|
| Annual | $108,025 |
| Annual Per SF | $41.22 |
Property Facts
| Price | $1,549,945 | Property Type | Multifamily |
| Price Per Unit | $774,973 | Lot Size | 0.38 AC |
| Sale Type | Investment | Building Size | 2,621 SF |
| Cap Rate | 6.97% | No. Stories | 2 |
| Gross Rent Multiplier | 11.56 | Year Built | 1909 |
| No. Units | 2 |
| Price | $1,549,945 |
| Price Per Unit | $774,973 |
| Sale Type | Investment |
| Cap Rate | 6.97% |
| Gross Rent Multiplier | 11.56 |
| No. Units | 2 |
| Property Type | Multifamily |
| Lot Size | 0.38 AC |
| Building Size | 2,621 SF |
| No. Stories | 2 |
| Year Built | 1909 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
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