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Altezza 6925 Kittyhawk Ave 16 Unit Apartment Building $7,750,000 ($484,375/Unit) 5.41% Cap Rate Los Angeles, CA 90045
Investment Highlights
- Immediate Income Upside
- Substantial Size Premium - Units Average 1,111 SF
- Premier Location - Minutes from LAX, I-405, I-105 and SR-90
- Value-Add Opportunity (Rebranding Exterior)
- Roof and Boiler Recently Replaced
Executive Summary
Altezza's biggest edge is space. With units averaging 1,111 SF, it offers 32–48% more square footage than comparable new construction — giving tenants room that newer, more compact buildings simply can't match. Eight units feature two-story loft layouts with spiral staircases and 20-foot vaulted ceilings. Every unit is well-appointed with quartz counters, stainless appliances, wood laminate floors, two gas fireplaces, and in-unit W/D. For tenants who want more room to live, there's no real competition.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| 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 (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| 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 | $7,750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $484,375 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.29 AC |
| Cap Rate | 5.41% | Building Size | 20,157 SF |
| Gross Rent Multiplier | 12.65 | No. Stories | 3 |
| No. Units | 16 | Year Built | 1993 |
| Property Type | Multifamily | Parking Ratio | 1.59/1,000 SF |
| Property Subtype | Apartment | ||
| Zoning | R3-1, Los Angeles | ||
| Price | $7,750,000 |
| Price Per Unit | $484,375 |
| Sale Type | Investment |
| Cap Rate | 5.41% |
| Gross Rent Multiplier | 12.65 |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.29 AC |
| Building Size | 20,157 SF |
| No. Stories | 3 |
| Year Built | 1993 |
| Parking Ratio | 1.59/1,000 SF |
| Zoning | R3-1, Los Angeles |
Amenities
Unit Amenities
- Air Conditioning
- Balcony
- Fireplace
- Washer/Dryer
Site Amenities
- Laundry Facilities
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 16 | $3,192 | 897 - 1,293 |
1 1
Walk Score®
Very Walkable (83)
Property Taxes
| Parcel Number | 4103-010-022 | Total Assessment | $5,271,201 |
| Land Assessment | $3,800,172 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $1,471,029 | Tax Year | 2025 |
Property Taxes
Parcel Number
4103-010-022
Land Assessment
$3,800,172
Improvements Assessment
$1,471,029
Total Assessment
$5,271,201
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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Altezza | 6925 Kittyhawk Ave
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