La Canada View

First time on market since built

From original ownership

Once in a lifetime opportunity

5 units over 8,400 sf

(3) 2+.5 (2) 2+2

Huge upside in rents

Massive 3 level owner’s unit

2142 La Canada Crest Dr, La Canada 91011

Price $2,900,000 Cap Rate 2.74%
No. Units 5 Gross Rent Multiplier 20
Building Size 8,499 SF No. Stories 3
Price/Unit $580,000 Year Built 1973
Property Type Multifamily Lot Size 10,430 SF
Property Sub-type Garden/Low-Rise APN / Parcel ID 5810-016-007


The Alexanian Apartment Advisors are honored to represent this once in a lifetime investment opportunity. Being offered for the first from the original developer/owner, the La Canada Crest View Apartments is comprised of 5 large units. Amazing views to Downtown Los Angeles and Verdugo Mountains. All units have washer and dryer inside, central air conditioning, and additional storage space. The owners unit 3 bedroom with 2.5 bath is abundantly spread over three levels and offers irreplaceable views. The property has countless capital improvements and provides big upsides in rents with a short walk to Foothill Blvd.

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