Log In/Sign Up
Your email has been sent.
8420-8428 Gulana Ave. 8420 Gulana Ave 8 Unit Apartment Building $3,950,000 ($493,750/Unit) 3.34% Cap Rate Playa Del Rey, CA 90293
Investment Highlights
- Double Parcel - pride of ownership shows!
- Great unit mix - large units!
Executive Summary
Two beautiful well-maintained properties being sold together! Owner is motivated to sell! These properties have a great unit mix consisting of: two 3-bedroom units, three 2-bedroom units, two 1-bedroom units, and one studio! Combined approximately ~11,360 square foot of lot and approximately ~7,323 square foot of structure. This is a great investment opportunity due to its condition, layout, size, and upside rent potential.
Two Parcels being sold together: APN's - 4115-024-005 & 4115-024-006. 8420-8428 Gulana Ave. Playa Del Rey 90293
Two Parcels being sold together: APN's - 4115-024-005 & 4115-024-006. 8420-8428 Gulana Ave. Playa Del Rey 90293
Financial Summary (Pro Forma - 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 (Pro Forma - 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 | $3,950,000 | Property Subtype | Apartment |
| Price Per Unit | $493,750 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 3.34% | Lot Size | 0.13 AC |
| Sale Condition | 1031 Exchange | Building Size | 3,193 SF |
| Gross Rent Multiplier | 17.24 | No. Stories | 2 |
| No. Units | 8 | Year Built | 1959 |
| Property Type | Multifamily | Parking Ratio | 2.5/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling | ||
| Price | $3,950,000 |
| Price Per Unit | $493,750 |
| Sale Type | Investment |
| Cap Rate | 3.34% |
| Sale Condition | 1031 Exchange |
| Gross Rent Multiplier | 17.24 |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.13 AC |
| Building Size | 3,193 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 2.5/1,000 SF |
| Zoning | LAR3 - Multiple Dwelling |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 1 | - | - |
| 3+2 | 1 | - | - |
1 1
Property Taxes
| Parcel Number | 4115-024-005 | Total Assessment | $1,955,168 |
| Land Assessment | $1,368,958 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $586,210 | Tax Year | 2025 |
Property Taxes
Parcel Number
4115-024-005
Land Assessment
$1,368,958
Improvements Assessment
$586,210
Total Assessment
$1,955,168
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
1 of 11
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
8420-8428 Gulana Ave. | 8420 Gulana Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.