5164 Halldale Ave - Apartments FOR SALE


Los Angeles, CA 90062- South Central LA
$1,025,000 USD
310-729-1559
5164 Halldale Ave, Los Angeles, CA for Sale
$1,025,000 USD
Apartments - FOR SALE
1/8
null | 5.93% Cap Rate

5164 Halldale Ave
Los Angeles, CA 90062
South Central LA


HIGHLIGHTS

  • The property sits on a spacious lot just under 6,000 SF and comprises of (4) 1 Bed-1 Bath units, with one unit delivered vacant
  • It offers a going-in cap rate of 5.90% and approximately 14% in rental upside
  • Conveniently located in South Los Angeles, the property is surrounded by restaurants, shopping centers, and major metropolitan hubs
  • With one unit delivered Vacant at Close, this is an ideal opportunity for an owner/user
  • Property has a new roof installed in 2018, all copper plumbing and up to date electric breakers

OVERVIEW

5164 S Halldale Ave is a well-maintained 4-unit multifamily asset consisting of two side-by-side duplexes on a single lot, each offering convenient on-site parking and a thoughtfully designed layout. All four units are fully renovated 1-Bed/1-Bath apartments featuring modern finishes, updated kitchens and bathrooms, upgraded electrical and plumbing systems, and efficient layouts that maximize livability. These improvements significantly reduce deferred maintenance for the next owner while enhancing long-term tenant desirability. One unit will be delivered vacant at close, creating immediate upside for lease- up or an ideal opportunity for an owner-user. The property currently operates at a strong 5.93% cap rate and a 12.24 GRM, providing a rare combination of healthy in-place income and future value-add potential. With tenants responsible for trash, gas, and electricity, operating expenses remain low, leaving the landlord responsible only for water and allowing for efficient management. Ideally positioned in the heart of the Vermont Square neighborhood, the property benefits from a central location near USC, Downtown Los Angeles, Exposition Park, and numerous employment hubs. Residents enjoy proximity to major transit corridors, retail amenities, and community services. With its strong fundamentals, renovated interiors, and strategic location, 5164 S Halldale Ave presents a rare opportunity to acquire a stabilized, turnkey asset with excellent short-term performance and long-term appreciation potential.

FOR SALE DETAILS

PRICE

$1,025,000 USD

PRICE/SF

$481 USD /SF

# OF UNITS

4

PRICE/UNIT

$256,250

CAP RATE

5.93%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

1457 W 52nd St

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1925

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

5,972 SF

ZONING

R2

APN/PARCEL ID

5003-008-017

ASK ABOUT THIS PROPERTY

Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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Aaron JacobsonLyon Stahl Investment Real EstateMore Info
310-729-1559

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