2634 Dalton Avenue, Los Angeles, California, 90018
$1,715,000
Other
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.
Sewer: Public Sewer
Water Source: Public
# of Garage Spaces: 3.00
# of Parking Spaces: 3.00
Lot Features: 0-1 Unit/Acre
Parcel Identification Number: 5053027034
Year Built Source: Assessor
Common Walls: 2+ Common Walls
Laundry Features: Inside
Laundry: Has Laundry
Zoning: LARD1.5
MLSAreaMajor: 699 - Not Defined
Street Address: 2634 Dalton Avenue
City: Los Angeles
State: California
Postal Code: 90018
County: Los Angeles
MLS Number: SB25119332
Year Built: 1984
Courtesy of Lyon Stahl Investment Real Estate, Inc.
Courtesy of The Beverly Hills Estates
