6211 S Vermont Ave
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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 | Apartment Style | Mid Rise |
Price Per Unit | $567,904 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.12 AC |
Cap Rate | 4.70% | Building Size | 10,403 SF |
No. Units | 15 | No. Stories | 4 |
Property Type | Multifamily | Year Built | 2024 |
Property Subtype | Apartment | Parking Ratio | 0.48/1,000 SF |
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
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Walk Score ®
Very Walkable (82)
Bike Score ®
Very Bikeable (74)
PROPERTY TAXES
Parcel Number | 6003-030-013 | Improvements Assessment | $863,646 CAD |
Land Assessment | $501,212 CAD | Total Assessment | $1,364,858 CAD |
PROPERTY TAXES
Parcel Number
6003-030-013
Land Assessment
$501,212 CAD
Improvements Assessment
$863,646 CAD
Total Assessment
$1,364,858 CAD
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6211 S Vermont Ave
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