Address not disclosed, Los Angeles, California, 90018

$1,715,000

Multi-family

Active

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.
Number of Units : 5
Unit 1 : Number of Unit(s) : 1
Unit 1 : Total Bedrooms : 2
Unit 1 : Total Bathrooms : 2
Unit 2 : Number of Unit(s) : 2
Unit 2 : Total Bedrooms : 2
Unit 2 : Total Bathrooms : 2
Unit 3 : Number of Unit(s) : 3
Unit 3 : Total Bedrooms : 2
Unit 3 : Total Bathrooms : 2
Unit 4 : Number of Unit(s) : 4
Unit 4 : Total Bedrooms : 1
Unit 4 : Total Bathrooms : 1

Street Address: Address not disclosed
City: Los Angeles
State: California
Postal Code: 90018
County: Los Angeles
MLS Number: SB25119332
Courtesy of Lyon Stahl Investment Real Estate, Inc.

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