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726 N Alfred St 7 Unit Apartment Building $4,375,000 ($625,000/Unit) 1.73% Cap Rate West Hollywood, CA 90069
INVESTMENT HIGHLIGHTS
- great oppportunity for investors!
EXECUTIVE SUMMARY
7-Unit Multifamily Investment in Los Angeles
Presenting a well-maintained 7-unit apartment building featuring a strong unit mix—five 1-bedroom/1-bath units and two 2-bedroom/1-bath units. Located in a rental-friendly Los Angeles neighborhood, this property offers stable income and upside potential through future rent increases or light value-add improvements. A solid opportunity for investors seeking consistent cash flow in a desirable multifamily asset class. Contact for rent roll and financials.
Presenting a well-maintained 7-unit apartment building featuring a strong unit mix—five 1-bedroom/1-bath units and two 2-bedroom/1-bath units. Located in a rental-friendly Los Angeles neighborhood, this property offers stable income and upside potential through future rent increases or light value-add improvements. A solid opportunity for investors seeking consistent cash flow in a desirable multifamily asset class. Contact for rent roll and financials.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$185,770
|
$25.16
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$185,770
|
$25.16
|
| Taxes |
$3,767
|
$0.51
|
| Operating Expenses |
$106,514
|
$14.42
|
| Total Expenses |
$110,281
|
$14.94
|
| Net Operating Income |
$75,489
|
$10.22
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $185,770 |
| Annual Per SF | $25.16 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $185,770 |
| Annual Per SF | $25.16 |
| Taxes | |
|---|---|
| Annual | $3,767 |
| Annual Per SF | $0.51 |
| Operating Expenses | |
|---|---|
| Annual | $106,514 |
| Annual Per SF | $14.42 |
| Total Expenses | |
|---|---|
| Annual | $110,281 |
| Annual Per SF | $14.94 |
| Net Operating Income | |
|---|---|
| Annual | $75,489 |
| Annual Per SF | $10.22 |
PROPERTY FACTS
| Price | $4,375,000 | Apartment Style | Low-Rise |
| Price Per Unit | $625,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 1.73% | Building Size | 5,162 SF |
| No. Units | 7 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1961 |
| Property Subtype | Apartment | Parking Ratio | 0.57/1,000 SF |
| Zoning | LAR3 - Multifamily Residential Development | ||
| Price | $4,375,000 |
| Price Per Unit | $625,000 |
| Sale Type | Investment |
| Cap Rate | 1.73% |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.15 AC |
| Building Size | 5,162 SF |
| No. Stories | 2 |
| Year Built | 1961 |
| Parking Ratio | 0.57/1,000 SF |
| Zoning | LAR3 - Multifamily Residential Development |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 5 | $2,300 | 630 - 650 |
| 2+1 | 2 | $2,750 | 890 |
1 1
Walk Score®
Walker's Paradise (93)
PROPERTY TAXES
| Parcel Number | 5528-001-041 | Total Assessment | $226,479 (2025) |
| Land Assessment | $82,592 (2025) | Annual Taxes | $3,767 ($0.73/SF) |
| Improvements Assessment | $143,887 (2025) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
5528-001-041
Land Assessment
$82,592 (2025)
Improvements Assessment
$143,887 (2025)
Total Assessment
$226,479 (2025)
Annual Taxes
$3,767 ($0.73/SF)
Tax Year
2024
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726 N Alfred St
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