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5227 Eagle Dale Ave 5 Unit Apartment Building $2,699,000 ($539,800/Unit) 6.20% Cap Rate Los Angeles, CA 90041
Investment Highlights
- 3 bedroom units
- Assumable loan
- Vacant unit
Executive Summary
6.2 cap + 12.49 GRM + non rent control + assumable $1.235M loan at 3.9% (principle & interest approx $6250/mo, Buyer to verify). NOT RSO not rent control (Rent Stabilization Ordinance) built in 1989. End owner's 3 bed 3 bath unit is vacant & ready for the new owner to occupy or rent. Real gross income with the vacant owner's unit rented and laundry income is at 6.2 cap at $205,327 today. 2026 rent increases could see $219,192 income by October. Upside is to $238,029 income. Located on the Glendale border with easy freeway access, restaurants, and shops is this well maintained 5 unit apartment building. Each unit is large 3 bedrooms. 2 parking spaces for each unit. End unit has a fenced rear backyard. Tenants pay for their own water, electricity, and gas. Photos of vacant end unit.
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$204,665
|
$31.53
|
| Other Income |
$663
|
$0.10
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$205,328
|
$31.63
|
| Taxes |
$34,510
|
$5.32
|
| Operating Expenses |
$17,867
|
$2.75
|
| Total Expenses |
$52,377
|
$8.07
|
| Net Operating Income |
$152,951
|
$23.56
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $204,665 |
| Annual Per SF | $31.53 |
| Other Income | |
|---|---|
| Annual | $663 |
| Annual Per SF | $0.10 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $205,328 |
| Annual Per SF | $31.63 |
| Taxes | |
|---|---|
| Annual | $34,510 |
| Annual Per SF | $5.32 |
| Operating Expenses | |
|---|---|
| Annual | $17,867 |
| Annual Per SF | $2.75 |
| Total Expenses | |
|---|---|
| Annual | $52,377 |
| Annual Per SF | $8.07 |
| Net Operating Income | |
|---|---|
| Annual | $152,951 |
| Annual Per SF | $23.56 |
Property Facts
| Price | $2,699,000 | Apartment Style | Low-Rise |
| Price Per Unit | $539,800 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.20 AC |
| Cap Rate | 6.20% | Building Size | 6,491 SF |
| Gross Rent Multiplier | 12.49 | Average Occupancy | 95% |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1989 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Zoning | R3-1, Los Angeles - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) | ||
| Price | $2,699,000 |
| Price Per Unit | $539,800 |
| Sale Type | Investment |
| Cap Rate | 6.20% |
| Gross Rent Multiplier | 12.49 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 6,491 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 2/1,000 SF |
| Zoning | R3-1, Los Angeles - Multiple Dwelling R2 Uses, Apartment Houses, Multiple Dwellings, Child Care (20 max) |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+3 | 2 | $7,860 | - |
| 3+2 | 3 | $10,523 | - |
1 1
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
50/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 5680-028-006 | Total Assessment | $960,228 |
| Land Assessment | $517,047 | Annual Taxes | $34,510 ($5.32/SF) |
| Improvements Assessment | $443,181 | Tax Year | 2025 |
Property Taxes
Parcel Number
5680-028-006
Land Assessment
$517,047
Improvements Assessment
$443,181
Total Assessment
$960,228
Annual Taxes
$34,510 ($5.32/SF)
Tax Year
2025
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5227 Eagle Dale Ave
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