6.54% CAP Rate! Cash-Flow Day 1 6335 Loma Vista Pl
7 Unit Apartment Building $2,523,325 CAD ($360,475 CAD/Unit) 6.54% Cap Rate Bell, CA 90201



INVESTMENT HIGHLIGHTS
- Current 6.54% CAP Rate & 10.5 GRM
- Separately Metered for Electricity & Gas
- Tenants Enjoy Onsite Garage Parking & Laundry Facility
- Excellent Cash-Flow Day 1
EXECUTIVE SUMMARY
Kristopher German of The Apartment Dealer is pleased to offer for sale this 7 Unit "Cash-Cow" property located in the city of Bell. Priced at a current 6.54% CAP Rate, this property is optimally configured with a variety of living spaces, including one 2-Bedroom/1-Bathroom unit, four 1-Bedroom/1-Bathroom units, and two Studio apartments, collectively comprising 4,266 rental square feet set on a 7,571 square foot lot. Designed for ease of management, each unit is separately metered for electricity and gas, allowing for straightforward utility handling. The majority of the plumbing has been upgraded to copper, ensuring longevity and reducing maintenance requirements. Tenant amenities include onsite garage parking and a laundry facility, adding significant value and convenience for residents, and enhancing tenant retention. Financially, this property stands out with a current 6.54% CAP Rate and a 10.5 Gross Rent Multiplier, indicating strong existing cash-flow that will be advantageous for investors from the close of escrow. This multi-family offering represents an excellent opportunity for investors seeking a stable property, with great in place cash-flow, with plenty of potential for the future.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
---|---|---|
Gross Rental Income |
$99,999
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$9.99
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Other Income |
$99,999
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$9.99
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Vacancy Loss |
$99,999
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$9.99
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Effective Gross Income |
$99,999
![]() |
$9.99
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Taxes |
$99,999
![]() |
$9.99
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Operating Expenses |
$99,999
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$9.99
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Total Expenses |
$99,999
![]() |
$9.99
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Net Operating Income |
$99,999
![]() |
$9.99
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PROPERTY FACTS
Price | $2,523,325 CAD |
Price Per Unit | $360,475 CAD |
Sale Type | Investment |
Cap Rate | 6.54% |
Gross Rent Multiplier | 10.49 |
No. Units | 7 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low-Rise |
Building Class | C |
Lot Size | 0.17 AC |
Building Size | 4,266 SF |
Average Occupancy | 100% |
No. Stories | 2 |
Year Built | 1955 |
Parking Ratio | 1.64/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 1 | $4,318 CAD | - |
1+1 | 4 | $2,456 CAD | - |
Studios | 2 | $2,646 CAD | - |
1 of 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
Parcel Number | 6318-020-017 | Total Assessment | $1,970,567 CAD |
Land Assessment | $989,002 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
Improvements Assessment | $981,566 CAD | Tax Year | 2024 |
ZONING
Zoning Code | BLR3YY (R3 Please reach out to the city of Bell for any ADU options) |