1330 W 71ST Avenue
Vancouver
V6P 3B2
$6,550,000
Multifamily
beds: 1
baths: 1.0
18,492 sq. ft.
built: 1970
- Status:
- Sold
- Sold Date:
- Feb 22, 2023
- Listed Price:
- $9,999,999
- Sold Price:
- $6,550,000
- Sold in:
- 120 days
- Prop. Type:
- Multifamily
- MLS® Num:
- R2733810
- Bedrooms:
- 1
- Bathrooms:
- 1
- Year Built:
- 1970
El Rancho apartments give investors the chance to purchase a multifamily unit in Vancouver’s popular Marpole area. This building boasts 23 units of roughly 850-900 square feet each, 22 one bedroom, 1 two bedroom, as well as 23 secured underground parking spots, which generate additional income. Every suite has its own balcony as well as lots of great natural light. Recent upgrades include, new hot water tank, balcony railings, windows and more (ask listing agent for a complete list). Building is on a 13000 square foot lot with a RM-3A zoning, with great potential for redevelopment.
- Property Type:
- Multifamily
- Dwelling Type:
- Other
- Home Style:
- 3 Storey
- Year built:
- 1970 (Age: 54)
- Total area:
- 18,492 sq. ft.
- Total Floor Area:
- 18,492 sq. ft.
- Total unfinished area:
- 0 sq. ft.
- Main Floor Area:
- 6,164 sq. ft.
- Floor Area Above Main:
- 6,164 sq. ft.
- Floor Area Above Main 2:
- 0 sq. ft.
- Floor Area Below Main:
- 6,164 sq. ft.
- Basement Area:
- 0 sq. ft.
- No. Floor Levels:
- 3.0
- Bedrooms:
- 1 (Above Grd: 1)
- Bathrooms:
- 1.0 (Full:1/Half:0)
- Kitchens:
- 0
- Rooms:
- 1
- Num Storeys:
- 3
- Taxes:
- $19,209 / 2022
- Lot Area:
- 13,000 sq. ft.
- Lot Frontage:
- 100'
- Lot Depth:
- 130
- Outdoor Area:
- Balcony(s)
- Water Supply:
- City/Municipal
- Heating:
- Electric
- Construction:
- Frame - Wood
- Foundation:
- Concrete Perimeter
- Basement:
- None
- Roof:
- Tar & Gravel, Torch-On
- Parking:
- Garage Underbuilding
- Parking Access:
- Rear
- Exterior Finish:
- Concrete, Stucco, Wood
- Title to Land:
- Freehold NonStrata
- # 1Bdrm Units:
- 22
- # 2Bdrm Units:
- 1
- Income as at Date:
- Dec 31, 2020
- Income Per Annum:
- 261827.0
- Oper. Expenses:
- 67739.0
- Net Operating Income:
- $194,088
- No Restrictions
- Shared Laundry, Storage
- LOT A, BLOCK 9, PLAN VAP1749, DISTRICT LOT 318, GROUP 1, NEW WESTMINSTER LAND DISTRICT
- Floor
- Type
- Size
- Other
- Main
- Bedroom
- 13' × 10'5"
- -
- Floor
- Ensuite
- Pieces
- Other
- Main
- Yes
- 4
- Property Disclosure:
- Yes
- Fixtures Leased:
- No
- Fixtures Removed:
- No
- Cats:
- Yes
- Dogs:
- Yes
- Units in Development:
- 23
- Sprinklers:
- No
- Smoke Detectors:
- Yes
- Services Connected:
- Electricity, Sanitary Sewer, Storm Sewer, Water
-
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Listed by RE/MAX Colonial Pacific Realty
Data was last updated May 4, 2024 at 04:10 PM (UTC)
- Barry Magee
- One Percent Realty Ltd.
- 1 (604) 773-2948
- Contact by Email
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