16722 S Dalton Ave - Apartments FOR SALE


Gardena, CA 90247
$1,999,999 USD
310-259-7556
16722 S Dalton Ave, Gardena, CA for Sale
$1,999,999 USD
Apartments - FOR SALE
1/22
null | 4.69% Cap Rate

16722 S Dalton Ave
Gardena, CA 90247


HIGHLIGHTS

  • 1980's Construction
  • Excellent unit mix (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit
  • All utilities are metered separately
  • Cash-flowing Asset with 16% upside
  • 10 parking spaces One 2-car garage and 8 tuck-under spaces
  • Low Expenses Asset (Actuals Attached - OM)

OVERVIEW

Built in 1988, this well maintained 5-unit multifamily investment offers immediate income with built-in upside. The property features an excellent unit mix consisting of (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit, catering to the strong tenant demand in the area. Most rents are near market, with an estimated 16% rental upside. An attractive opportunity for investors seeking both stability and growth. Efficiently operated with very low expenses, making it an ideal passive investment that does not require professional management. Parking is a major advantage, offering 10 total spaces: one 2-car garage and 8 tuck- under spaces. Laundry Room on-site providing additional income. This asset is a compelling opportunity to acquire a newer-built, low maintenance multifamily property with immediate income.

FOR SALE DETAILS

PRICE

$1,999,999 USD

PRICE/SF

$445 USD /SF

# OF UNITS

5

PRICE/UNIT

$400,000

CAP RATE

4.69%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,502 SF

ZONING

GAR3

APN/PARCEL ID

6106-024-017

ASK ABOUT THIS PROPERTY

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Cameron SamimiLyon Stahl Investment Real EstateMore Info
310-259-7556

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.