2634 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 Type :
Residential Income
Subdivision :
Fallbrook
County :
Los Angeles
Style :
Residential Income
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ByOwner last updated this listing 05/19/2024 @ 13:49
MLS: SB24086857
LISTED BY: Cameron Samimi, Lyon Stahl Investment Real Estate, Inc.
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.
