Residential Division

Cardinal Investments focuses on $1-10 million multifamily division transactions of 4-40 units in the greater Los Angeles area. We aim to reposition the units, refinance and then hold for the long term. The team closes approximately 10 acquisitions a year. Currently, the residential portfolio is at approximately 500 units in over 50 buildings.

Maltman Los Angeles, CAPurchase Price: $257,000 Acq. Date: August 2001 Current Value: $2,500,000 Equity Multiple: 48.23x

Maltman
Los Angeles, CA

Purchase Price: $257,000 Acq. Date: August 2001
Current Value: $3,000,000 Equity Multiple: 52.33x

Avenue 58 Los Angeles, CAPurchase Price: $372,000 Acq. Date: September 2019 Current Value: $2,400,000 Equity Multiple: 21.73x

Avenue 58
Los Angeles, CA

Purchase Price: $372,000 Acq. Date: September 2019
Current Value: $2,900,000 Equity Multiple: 29.88x

Nolden/Fayette Los Angeles, CAPurchase Price: $170,000 Acq. Date: January 2000 Current Value: $1,500,000 Equity Multiple: 7.85x

Nolden/Fayette
Los Angeles, CA

Purchase Price: $170,000 Acq. Date: January 2000
Current Value: $1,500,000 Equity Multiple: 6.99x

 
3601 Manhattan Manhattan Beach, CAPurchase Price: $1,040,000 Acq. Date: February 2003 Current Value: $3,000,000 Equity Multiple: 15.22x

3601 Manhattan
Manhattan Beach, CA

Purchase Price: $1,040,000 Acq. Date: February 2003
Current Value: $3,450,000 Equity Multiple: 15.80x

West Adams Los Angeles, CAPurchase Price: $1,500,000 Acq. Date: August 2020 Current Value: $1,800,000 Equity Multiple: 1.30x

West Adams
Los Angeles, CA

Purchase Price: $1,500,000 Acq. Date: August 2020
Current Value: $2,300,000 Equity Multiple: 1.47x

Main Street Los Angeles, CAPurchase Price: $1,950,000 Acq. Date: February 2020 Current Value: $2,500,000 Equity Multiple: 0.98x

Main Street
Los Angeles, CA

Purchase Price: $1,950,000 Acq. Date: February 2020
Current Value: $3,600,000 Equity Multiple: 3.39x

 
West 25th Street Los Angeles, CAPurchase Price: $1,575,000 Acq. Date: June 2021 Current Value: $2,000,000 Equity Multiple: 1.40x

West 25th Street
Los Angeles, CA

Purchase Price: $1,575,000 Acq. Date: June 2021
Current Value: $2,000,000 Equity Multiple: 1.64x

Berkeley Los Angeles, CAPurchase Price: $1,900,000 Acq. Date: October 2020 Current Value: $2,350,000 Equity Multiple: 1.54x

Berkeley
Los Angeles, CA

Purchase Price: $1,900,000 Acq. Date: October 2020
Current Value: $3,000,000 Equity Multiple: 2.70x

Bellevue Los Angeles, CAPurchase Price: $184,000 Acq. Date: February 2002 Current Value: $1,500,000 Equity Multiple: 30.88x

Bellevue
Los Angeles, CA

Purchase Price: $184,000 Acq. Date: February 2002
Current Value: $1,600,000 Equity Multiple: 36.01x

 
Kenwood Los Angeles, CAPurchase Price: $575,000 Acq. Date: October 2008 Current Value: $1,300,000 Equity Multiple: 7.80x

Kenwood
Los Angeles, CA

Purchase Price: $575,000 Acq. Date: October 2008
Current Value: $1,500,000 Equity Multiple: 10.08x

24th Street Los Angeles, CAPurchase Price: $725,000 Acq. Date: October 2018 Current Value: $900,000 Equity Multiple: 1.58x

24th Street
Los Angeles, CA

Purchase Price: $725,000 Acq. Date: October 2018
Current Value: $1,300,000 Equity Multiple: 3.21x

40th Place Los Angeles, CAPurchase Price: $227,000 Acq. Date: August 2009 Current Value: $525,000 Equity Multiple: 7.07x

40th Place
Los Angeles, CA

Purchase Price: $227,000 Acq. Date: August 2009
Current Value: $700,000 Equity Multiple: 10.79x

 
823 43rd Street Los Angeles, CAPurchase Price: $510,000 Acq. Date: March of 2019 Current Value: $1,200,000 Equity Multiple: 7.43x

823 43rd Street
Los Angeles, CA

Purchase Price: $510,000 Acq. Date: March of 2019
Current Value: $1,500,000 Equity Multiple: 10.29x

Hoover Los Angeles, CAPurchase Price: $320,000 Acq. Date: October 2008 Current Value: $1,100,000 Equity Multiple: 10.53x

Hoover
Los Angeles, CA

Purchase Price: $320,000 Acq. Date: October 2008
Current Value: $1,300,000 Equity Multiple: 10.48x

Palm Grove Los Angeles, CAPurchase Price: $600,000 Acq. Date: June 2014 Current Value: $1,500,000 Equity Multiple: 8.36x

Palm Grove
Los Angeles, CA

Purchase Price: $600,000 Acq. Date: June 2014
Current Value: $1,400,000 Equity Multiple: 7.22x

 
Vermont Los Angeles, CAPurchase Price: $710,000 Acq. Date: January 2019 Current Value: $1,500,000 Equity Multiple: 1.98x

Vermont
Los Angeles, CA

Purchase Price: $710,000 Acq. Date: January 2019
Current Value: $1,500,000 Equity Multiple: 2.49x

4189 S. Normandie Los Angeles, CAPurchase Price: $1,472,500 Acq. Date: January 2020 Current Value: $2,200,000 Equity Multiple: 1.34x

4189 S. Normandie
Los Angeles, CA

Purchase Price: $1,472,500 Acq. Date: January 2020
Current Value: $2,700,000 Equity Multiple: 1.51x

63rd Street Los Angeles, CAPurchase Price: $637,500 Acq. Date: March of 2019 Current Value: $2,000,000 Equity Multiple: 5.62x

63rd Street
Los Angeles, CA

Purchase Price: $637,500 Acq. Date: March of 2019
Current Value: $2,200,000 Equity Multiple: 7.37x

 
38th Street Los Angeles, CAPurchase Price: $640,000 Acq. Date: July 2013 Current Value: $1,500,000 Equity Multiple: 4.35x

38th Street
Los Angeles, CA

Purchase Price: $640,000 Acq. Date: July 2013
Current Value: $1,500,000 Equity Multiple: 5.03x

42nd Street Los Angeles, CAPurchase Price: $256,000 Acq. Date: February 2012 Current Value: $1,000,000 Equity Multiple: 4.08x

42nd Street
Los Angeles, CA

Purchase Price: $256,000 Acq. Date: February 2012
Current Value: $1,200,000 Equity Multiple: 5.36x

5311 S. Normandie Los Angeles, CAPurchase Price: $900,000 Acq. Date: August 2020 Current Value: $1,200,000 Equity Multiple: 1.51x

5311 S. Normandie
Los Angeles, CA

Purchase Price: $900,000 Acq. Date: August 2020
Current Value: $1,100,000 Equity Multiple: 1.28x

 
46th Street Los Angeles, CAPurchase Price: $750,000 Acq. Date: October 2019 Current Value: $1,300,000 Equity Multiple: 1.78x

46th Street
Los Angeles, CA

Purchase Price: $750,000 Acq. Date: October 2019
Current Value: $1,500,000 Equity Multiple: 2.85x

2nd Avenue Los Angeles, CAPurchase Price: $1,020,000 Acq. Date: April 2015 Current Value: $2,400,000 Equity Multiple: 5.63x

2nd Avenue
Los Angeles, CA

Purchase Price: $1,020,000 Acq. Date: April 2015
Current Value: $2,500,000 Equity Multiple: 4.72x

Vineyard Los Angeles, CAPurchase Price: $945,000 Acq. Date: December 2020 Current Value: $1,400,000 Equity Multiple: 1.29x

Vineyard
Los Angeles, CA

Purchase Price: $945,000 Acq. Date: December 2020
Current Value: $1,700,000 Equity Multiple: 2.00x

147th Street Gardena, CAPurchase Price: $257,000 Acq. Date: August 2001 Current Value: $2,800,000 Equity Multiple: 4.57x

147th Street
Gardena, CA

Purchase Price: $257,000 Acq. Date: August 2001
Current Value: $2,200,000 Equity Multiple: 3.73x

North Mariposa Los Angeles, CAPurchase Price: $885,000 Acq. Date: October 2013 Current Value: $1,800,000 Equity Multiple: 4.14x

North Mariposa
Los Angeles, CA

Purchase Price: $885,000 Acq. Date: October 2013
Current Value: $1,700,000 Equity Multiple: 4.41x

Vernon Los Angeles, CAPurchase Price: $330,000 Acq. Date: February 2013 Current Value: $1,000,000 Equity Multiple: 16.62x

Vernon
Los Angeles, CA

Purchase Price: $330,000 Acq. Date: February 2013
Current Value: $1,200,000 Equity Multiple: 15.31x

 
10th Avenue Los Angeles, CAPurchase Price: $525,000 Acq. Date: March 2012 Current Value: $1,800,000 Equity Multiple: 9.21x

10th Avenue
Los Angeles, CA

Purchase Price: $525,000 Acq. Date: March 2012
Current Value: $1,750,000 Equity Multiple: 10.15x

78th Street Los Angeles, CAPurchase Price: $115,000 Acq. Date: December 2011 Current Value: $600,000 Equity Multiple: 4.19x

78th Street
Los Angeles, CA

Purchase Price: $115,000 Acq. Date: December 2011
Current Value: $800,000 Equity Multiple: 5.77x

Somerset Los Angeles, CAPurchase Price: $440,000 Acq. Date: September 2009 Current Value: $1,700,000 Equity Multiple: 3.13x

Somerset
Los Angeles, CA

Purchase Price: $440,000 Acq. Date: September 2009
Current Value: $2,100,000 Equity Multiple: 4.28x

 
Willowbrook Los Angeles, CAPurchase Price: $1,655,000 Acq. Date: July 2009 Current Value: $5,125,000 Equity Multiple: 5.98x

Willowbrook
Los Angeles, CA

Purchase Price: $1,655,000 Acq. Date: July 2009
Current Value: $6,100,000 Equity Multiple: 8.19x

13606 Avalon Los Angeles, CAPurchase Price: $1,700,000 Acq. Date: July 2017Current Value: $3,800,000 Equity Multiple: 2.57x

13606 Avalon
Los Angeles, CA

Purchase Price: $1,700,000 Acq. Date: July 2017 Current Value: $4,200,000 Equity Multiple: 3.41x

Los Robles Pasadena, CAPurchase Price: $1,677,000 Acq. Date: February 2012 Current Value: $5,500,000 Equity Multiple: 10.14x

Los Robles
Pasadena, CA

Purchase Price: $1,677,000 Acq. Date: February 2012
Current Value: $6,000,000 Equity Multiple: 12.65x

 
60th Street Los Angeles, CAPurchase Price: $173,000 Acq. Date: March 2012 Current Value: $500,000 Equity Multiple: 3.17x

60th Street
Los Angeles, CA

Purchase Price: $173,000 Acq. Date: March 2012
Current Value: $750,000 Equity Multiple: 4.89x

Santa Fe Lynwood, CAPurchase Price: $2,477,000 Acq. Date: August 2018 Current Value: $3,275,000 Equity Multiple: 1.47x

Santa Fe
Lynwood, CA

Purchase Price: $2,477,000 Acq. Date: August 2018
Current Value: $4,000,000 Equity Multiple: 2.13x

20th Street Los Angeles, CAPurchase Price: $850,000 Acq. Date: February 2019 Current Value: $1,292,000 Equity Multiple: 1.91x

20th Street
Los Angeles, CA

Purchase Price: $850,000 Acq. Date: February 2019
Current Value: $1,500,000 Equity Multiple: 2.70x

 
Figueroa Los Angeles, CAPurchase Price: $890,000 Acq. Date: November 2018 Current Value: $1,200,000 Equity Multiple: 1.59x

Figueroa
Los Angeles, CA

Purchase Price: $890,000 Acq. Date: November 2018
Current Value: $1,000,000 Equity Multiple: 1.34x

Pasadena Ave Los Angeles, CAPurchase Price: $1,975,000 Acq. Date: October 2019 Current Value: $2,400,000 Equity Multiple: 0.79x

Pasadena Ave
Los Angeles, CA

Purchase Price: $1,975,000 Acq. Date: October 2019
Current Value: $3,200,000 Equity Multiple: 2.70x

29th Street Los Angeles, CAPurchase Price: $2,700,000 Acq. Date: December 2019 Current Value: $3,500,000 Equity Multiple: 0.35x

29th Street
Los Angeles, CA

Purchase Price: $2,700,000 Acq. Date: December 2019
Current Value: $5,000,000 Equity Multiple: 1.66x

 
Roselle Hawthorne, CAPurchase Price: $1,875,000 Acq. Date: July 2020 Current Value: $2,500,000 Equity Multiple: 1.64x

Roselle
Hawthorne, CA

Purchase Price: $1,875,000 Acq. Date: July 2020
Current Value: $3,100,000 Equity Multiple: 2.18x

Granada Los Angeles, CAPurchase Price: $750,000 Acq. Date: October 2020 Current Value: $950,000 Equity Multiple: 1.17x

Granada
Los Angeles, CA

Purchase Price: $750,000 Acq. Date: October 2020
Current Value: $1,100,000 Equity Multiple: 1.39x

831 W. 43rd Street Los Angeles, CAPurchase Price: $1,150,000 Acq. Date: June 2019 Current Value: $1,500,000 Equity Multiple: 0.98x

831 W. 43rd Street
Los Angeles, CA

Purchase Price: $1,150,000 Acq. Date: June 2019
Current Value: $2,000,000 Equity Multiple: 1.56x

 
165th Place Los Angeles, CAPurchase Price: $1,465,000 Acq. Date: August 2019 Current Value: $2,000,000 Equity Multiple: 0.77x

165th Place
Los Angeles, CA

Purchase Price: $1,465,000 Acq. Date: August 2019
Current Value: $6,000,000 Equity Multiple: 3.75x

219th Street Torrance, CAPurchase Price: $699,000 Acq. Date: August 2019 Current Value: $850,000 Equity Multiple: 1.05x

219th Street
Torrance, CA

Purchase Price: $699,000 Acq. Date: August 2019
Current Value: $1,200,000 Equity Multiple: 3.10x

Alta Los Angeles, CAPurchase Price: $910,000 Acq. Date: February 2019 Current Value: $1,300,000 Equity Multiple: 1.75x

Alta
Los Angeles, CA

Purchase Price: $910,000 Acq. Date: February 2019
Current Value: $1,700,000 Equity Multiple: 2.44x

 
Western Los Angeles, CAPurchase Price: $1,100,000 Acq. Date: November 2018 Current Value: $1,800,000 Equity Multiple: 1.79x

Western
Los Angeles, CA

Purchase Price: $1,100,000 Acq. Date: November 2018
Current Value: $2,000,000 Equity Multiple: 3.21x

Arapahoe Los Angeles, CAPurchase Price: $865,000 Acq. Date: December 2020 Current Value: $865,000 Equity Multiple: 1.07x

Arapahoe
Los Angeles, CA

Purchase Price: $865,000 Acq. Date: December 2020
Current Value: $1,660,000 Equity Multiple: 3.26x

 

Contact Us

2301 Rosecrans Ave. Suite 4130
El Segundo, California 90245

Phone: (310) 643-5050
info@cardinalinvestments.com