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… Read More 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. Read Less
Property listed by Lyon Stahl Investment Real Estate, Inc., Cameron Samimi 310-259-7556
Listing Snapshot
Days Online
40
Last Updated
Property Type
Apartment
Lot Size
0.16 Acres
Year Built
1984
MLS Number
SB25119332
30 Days Snapshot Of 90018
$1.27M
+27%
(avg) sold price
7
-22%
homes sold
52
-66%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1984, Building area total: 5,621, 1 building, Architectural style: , Attached, Common walls: TwoCommonWallsOrMore
Community
Urban
Expenses
Operating expense: $44,965
Garage
3 spaces
Income
Gross income: $155,400, Net operating income: $104,711
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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