4601 Pickford St | 4601 Pickford St
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4601 Pickford St 4601 Pickford St
4 Unit Apartment Building $5,035,302 CAD ($1,258,826 CAD/Unit) Los Angeles, CA 90019
Investment Highlights
- New building - built in 2021
- All units have gated parking
- All modern design with new equipments
Executive Summary
WHERE CAN YOU FIND AMPLE PARKING SPACES FOR ALL OF YOUR TENANTS IN LOS ANGELES? YES, YOU FOUND IT!! THIS IS THE PLACE!! IF YOU KNOW WHAT CURRENT TENANTS NEED, YOU WILL MAKE A FORTUNE AND MAKE A GREAT DECISION AS WELL!! EACH UNIT GETS 3 PARKING SPACES, TOTAL OF 12 PARKING SPACES ON A CORNER LOT. CONVENIENT ACCESS TO FREEWAY 10 SPANING SANTA MONICA BEACH TO DOWNTOWN LOS ANGELES. THIS APARTMENT COMES WITH A CONVENIENT STORE JUST ACROSS THE STREET BUT ALSO A QUIET NEIGHBORHOOD STREET(THE CONVENIENT STORE IS NOT INCLUDED IN THIS SALE PRICE AND NOT AFFILIATED WITH EACH OTHER.) BONUS: NOT A RENT CONTROLLED BUILDING. 12 BEDROOMS WITH EN-SUITE 12 BATHROOMS, PERFECT FOR TODAY'S RENTAL MARKET/TENANTS. IF YOU SATISFY THE TENANTS/CUSTOMERS, THE MONEY WILL NEVER DRY UP. EASY TO GET IN & OUT FOR THE TENANTS AS WELL. ALL OF THE UNITS ARE SINGLE-FLOORED UNITS. OTHER BUILDINGS YOU SEE NOW-A-DAYS, YOU WILL SEE TYPICAL 3 STORIED BUILDINGS YOU SEE IN TODAY'S MARKET. WHEN YOU ARE 6 YEARS OLD, THAT MIGHT BE FUN, BUT NOT IN TODAY'S RENTAL MARKET. WITH LOWERED INTEREST RATES IT'S PERFECT TIME TO OWN YOUR OWN INCOME PRODUCING PASSIVE INCOME. LIVE IN ONE AND RENT THE OTHERS FOR STABLE INCOME. AMAZING PROPERTY TO OWN. 1031 EXCHANGE BUYERS COME AND COME ALL. ONE UNIT CAN BE DELIVERED VACANT AT COE. PLEASE DO NOT DISTURB THE TENANTS. HERE IS EXTRA SPECIAL ABOUT THIS PROPERTY: TENANTS PAY ALL UNITILITIES, INCLUDING NOT LIMITED TO WATER/SEWER, ELECTRICITY, GAS, TRASH, RENTER'S INSURANCE, INTERNET USE.
Data Room Click Here to Access
Financial Summary (Actual - 2023) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $5,035,302 CAD | Building Class | B |
| Price Per Unit | $1,258,826 CAD | Lot Size | 0.16 AC |
| Sale Type | Investment | Building Size | 6,660 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2021 |
| Property Subtype | Apartment | Parking Ratio | 0.75/1,000 SF |
| Price | $5,035,302 CAD |
| Price Per Unit | $1,258,826 CAD |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.16 AC |
| Building Size | 6,660 SF |
| No. Stories | 2 |
| Year Built | 2021 |
| Parking Ratio | 0.75/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 4+4 | 4 | $6,612 CAD | - |
1 of 1
Walk Score ®
Very Walkable (87)
zoning
| Zoning Code | LARD1.5 |
| LARD1.5 |
1 of 47
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4601 Pickford St | 4601 Pickford St
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