2640 Dalton Ave - Apartments FOR SALE


Los Angeles, CA 90018- West Adams
$1,250,000 USD
310-259-7556
2640 Dalton Ave, Los Angeles, CA for Sale
$1,250,000 USD
Apartments - FOR SALE
1/10
null | 5.5% Cap Rate

2640 Dalton Ave
Los Angeles, CA 90018
West Adams


HIGHLIGHTS

  • Five-unit property positioned in Los Angeles’ West Adams neighborhood with strong rental demand.
  • Two fully renovated units featuring upgraded interiors, modern finishes, and smart home features.
  • Current cap rate of 5.55% provides investors with stabilized income from day one.
  • Ideal location with easy connectivity to 10, 405, and 110 freeways, and close to Metro transit lines.
  • Future upside through potential addition of a 1+1 ADU for enhanced revenue.
  • Onsite gated parking and private patios offering quality living for tenants.

OVERVIEW

2640 Dalton Avenue presents a rare investment opportunity in Los Angeles’ rapidly developing West Adams neighborhood. This five-unit property is offered at $1,250,000 and currently operates at a 5.55% Cap Rate with an 11.24 GRM, providing immediate cash flow and long-term value potential. The property benefits from non-RSO status and compliance with CA AB 1482, which allows for controlled annual rent adjustments. Two of the five units have undergone extensive renovations, featuring modern upgrades such as new flooring, cabinetry, appliances, bathroom fixtures, and smart Ring doorbell technology. The current unit mix includes one (3 Bed/2 Bath), three (2 Bed/1.5 Bath), and one (1 Bed/1 Bath) apartments, plus potential for an additional ADU to enhance income. Onsite amenities include gated entry, eight dedicated parking spaces with alley access, private patios, and in-unit laundry for select units. Strategically positioned between Downtown Culver City and Downtown Los Angeles, the property offers easy access to major transportation arteries including the 10, 405, and 110 freeways, as well as the Metro transit line. This central location ensures strong tenant demand in one of LA’s most dynamic rental submarkets, supported by proximity to job centers, cultural destinations, and retail amenities.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

5

PRICE/UNIT

$250,000

CAP RATE

5.5%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1984

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

LARD1.5

APN/PARCEL ID

5053-027-031

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 Notice.