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Listed by Cameron Samimi • Lyon Stahl Investment Real Estate, Inc.
$ 1,715,000
Est. payment /mo
Price Dropped by $85K
2634 Dalton Avenue Los Angeles, CA 90018
5,621 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,621 sqft
Price per Sqft $305
MLS Listing ID SB-25119332
Year Built 1984
Lot Size 7,103 Sqft
Property Sub-Type Apartment
Property Description
2634 Dalton Ave is a 5-unit apartment building situated in the heart of flourishing West Adams. Currently operating at a 6.17% CAP and 11.04 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.
Location
State CA
County Los Angeles
Zoning LARD1.5
Interior
Laundry Inside
Exterior
Parking Features Gated
Garage Spaces 3.0
Pool None
Community Features Urban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944