2634 Dalton Ave - Apartments FOR SALE


Los Angeles, CA 90018- West Adams
$1,800,000 USD
310-259-7556
2634 Dalton Ave, Los Angeles, CA for Sale
$1,800,000 USD
Apartments - FOR SALE
1/11
null | 5.82% Cap Rate

2634 Dalton Ave
Los Angeles, CA 90018
West Adams


HIGHLIGHTS

  • Fully renovated 5 unit in prime West Adams!
  • Currently operating at a 5.82% Cap Rate and 11.58 GRM!
  • Non RSO Rent Control - Only subject to CA AB-1482 which allows 8.8% increases or 5%+CPI annually
  • Unit mix of (1) 3Bed+2Bath, (3) 2Bed+1.5Bath townhomes, and (1) 1Bed+1Bath units
  • Own in one of the most thriving real estate markets in Los Angeles County!

OVERVIEW

2634 Dalton Ave is a 5-unit apartment building situated in the heart of flourishing West Adams. Currently operating at a 5.82% CAP and 11.58 GRM, the subject property is ideal for any investor looking for strong day one cash flow. The subject property is non RSO rent control- it is only subject to CA AB 1482 which allows 8.8% increases or 5%+CPI annually. All the work has been completed for the new buyer! Sit back and collect a check. Don't miss this opportunity to own in one of the most rapidly appreciating neighborhoods in all of Los Angeles! 2634 Dalton Ave is comprised of (1) 3-Bed/2-Bath, (3) 2-Bed/1.5-Bath townhomes and (1) 1Bed-1Bath units. Each unit has been meticulously renovated including Central A/C, Ring Doorbells, new floors, cabinets, appliances, fixtures, bathrooms, etc. There are (8) parking spaces with alleyway access, private patios for each unit, and convenient on-site laundry. The subject property is conveniently located in-between Downtown Culver City, Downtown Los Angeles and the city's metro line. Renters will enjoy the proximity to the 10 , 405 and 110 freeways, making commuting in Los Angeles a breeze. This is an excellent opportunity to acquire an investment property with strong income and little maintenance.

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$160 USD /SF

# OF UNITS

1

PRICE/UNIT

$1,800,000

CAP RATE

5.82%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

7,103 SF

ZONING

LARD1.5

APN/PARCEL ID

5053-027-034

ASK ABOUT THIS PROPERTY

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

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

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