2634 Dalton Avenue, Los Angeles, CA 90018
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- MLS#: SB24086857 ( Apartment )
- Street Address: 2634 Dalton Avenue
- Viewed: 1
- Price: $2,000,000
- Price sqft: $0
- Waterfront: No
- Year Built: 1984
- Bldg sqft: 0
- Days On Market: 248
- Additional Information
- County: LOS ANGELES
- City: Los Angeles
- Zipcode: 90018
- Provided by: Lyon Stahl Investment Real Estate, Inc.
- Contact: Cameron Cameron
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Description2634 Dalton Ave is a 5 unit apartment building situated in the heart of flourishing West Adams. Currently operating at a 5.03% CAP and 13.23 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 (1) 2 Bed/1.5 Bath townhome is currently vacant. 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, as well as private patios for each unit. There is an opportunity to build an 1+1 ADU in the rear for additional monthly income. 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.
Property Location and Similar Properties
Features
Building Area Total
- 5621.00
Commoninterest
- Community Apartment
Common Walls
- 2+ Common Walls
Country
- US
Days On Market
- 153
Electric Expense
- 0.00
Fuel Expense
- 0.00
Garage Spaces
- 0.00
Insurance Expense
- 0.00
Laundry Features
- Inside
Lot Features
- 0-1 Unit/Acre
Netoperatingincome
- 100605.00
Parcel Number
- 5053027034
Pool Features
- None
Professionalmanagementexpense
- 0.00
Property Type
- Apartment
Sewer
- Public Sewer
Totalexpenses
- 46059.00
Trash Expense
- 0.00
Water Sewer Expense
- 0.00
Water Source
- Public
Year Built
- 1984
Year Built Source
- Assessor
Zoning
- LARD1.5