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7614 Mason Ave 4 Unit Apartment Building $1,350,000 ($337,500/Unit) 4.73% Cap Rate Winnetka, CA 91306
Executive Summary
This stunning quadruplex offers a diverse living arrangement, with Unit 1 featuring 3 bedrooms and 2 bathrooms, Unit 2 with 2 bedrooms and 2 bathrooms, and Units 3 and 4 each providing 1 bedroom and 1 bathroom. This setup is ideal for rental income or multi-generational living, allowing for privacy and flexibility. The interiors feature hardwood floors, inviting kitchens with ample counter space, and natural light throughout. Spacious rooms are designed for both comfort and practicality, and the on-site laundry facility adds to the convenience. This property is an excellent investment opportunity, blending charm, functionality, and potential for various living arrangements. Located in the heart of Winnetka, the property is situated on a bustling street near local shops, restaurants, and public transportation, making it a highly desirable location.
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| 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 - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| 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 | $1,350,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $337,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.14 AC |
| Cap Rate | 4.73% | Building Size | 3,980 SF |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1963 |
| Property Subtype | Apartment | ||
| Zoning | LAR3 - Multiple Dwelling | ||
| Price | $1,350,000 |
| Price Per Unit | $337,500 |
| Sale Type | Investment |
| Cap Rate | 4.73% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 3,980 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Unit Amenities
- Air Conditioning
- Refrigerator
- Oven
- Tub/Shower
1 1
Property Taxes
| Parcel Number | 2114-002-003 | Total Assessment | $1,431,038 (2025) |
| Land Assessment | $530,604 (2025) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $900,434 (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
2114-002-003
Land Assessment
$530,604 (2025)
Improvements Assessment
$900,434 (2025)
Total Assessment
$1,431,038 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
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7614 Mason Ave
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