15474 Victoria Ave
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15474 Victoria Ave
8 Unit Apartment Building $2,187,072 USD ($273,384 USD/Unit) 5% Cap Rate White Rock, BC V4B 1H5
Executive Summary
RARE INVESTMENT OPPORTUNITY!! OCEAN VIEW 7-PLEX! Welcome to a very unique, cash flow property situated in a prime White Rock location with 5% CAP RATE! Sitting on a 4,500 sq ft (45' x 100') hillside CORNER lot with panoramic ocean views. This property features 7 updated residential units and a bonus 8th unit rented out as storage space. 3 levels having 4,211 of interior living space. The main level is approx. 2,030 sqft containing four suites, two of which are south facing. The bottom level is approx. 1,440 sqft containing two south facing walk out suites. On the top level, the south facing penthouse is approx. 741 sqft featuring a massive 700+ sqft private rooftop over looking Semiahmoo Bay. The exterior has been updated with new roof, paint, deck, railings, hardy plank, kitchen, appliances, lighting and flooring. The property is legal non conforming.
Property Facts
| Price | $2,187,072 USD | Property Subtype | Apartment |
| Price Per Unit | $273,384 USD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 5% | Building Size | 4,211 SF |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1940 |
| Price | $2,187,072 USD |
| Price Per Unit | $273,384 USD |
| Sale Type | Investment |
| Cap Rate | 5% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 4,211 SF |
| No. Stories | 3 |
| Year Built | 1940 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
| 1+1 | 4 | - | - |
| 2+1 | 1 | - | - |
| 3+1 | 1 | - | - |
1 of 1
Walk Score ®
Very Walkable (82)
zoning
| Zoning Code | RS3 |
| RS3 |
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Yuvy Mann -
eXp Realty
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15474 Victoria Ave
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