5,621 SqFt
5,621 SqFt
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 5,621 sqft
Price per Sqft $355
MLS Listing ID SB24086857
HOA Y/N No
Year Built 1984
Lot Size 7,104 Sqft
Acres 0.1631
Property Description
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.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning LARD1.5
Rooms
Ensuite Laundry Inside
Interior
Laundry Location Inside
Fireplace No
Laundry Inside
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5053027034
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange
Special Listing Condition Standard
"Molly's job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "