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6211 S Vermont Ave

15 Unit Apartment Building $8,518,559 CAD ($567,904 CAD/Unit) 4.70% Cap Rate Los Angeles, CA 90044

Executive Summary

Compass is pleased to bring to market its listing of 6211 Vermont a beautiful subsidized apartment building. The property is a brand new build with the benefit of maximum allowable rent per HACLA. New owner will also benefit from lower property taxes due welfare exemption keeping the property taxes at $3,500/annually. Current service contracts are with Brilliant corners and HACLA but owner has flexibility to self manage the property and put their own tenants in if so desired. Where else in Los Angeles can you achieve above a 5% cap rate on a new build construction.

Property Facts

Price $8,518,559 CAD
Price Per Unit $567,904 CAD
Sale Type Investment
Cap Rate 4.70%
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 0.12 AC
Building Size 10,403 SF
No. Stories 4
Year Built 2024
Parking Ratio 0.48/1,000 SF

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Range
  • Tub/Shower

Site Amenities

  • Bicycle Storage
  • Public Transportation
Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6003-030-013
Land Assessment
$501,212 CAD
Improvements Assessment
$863,646 CAD
Total Assessment
$1,364,858 CAD
  • Listing ID: 31835680

  • Date on Market: 2024-05-16

  • Last Updated:

  • Address: 6211 S Vermont Ave, Los Angeles, CA 90044

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