Active

2634 Dalton Avenue

Los Angeles CA, 90018

$2,000,000


$355.81 per sqft

Active

5,621 sqft

Condo

Built in 1984

Listed by Cameron Samimi with Lyon Stahl Investment Real Estate, Inc. 310-425-9838

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.

SB24086857

MLS ID

May 1, 2024

Listed

May 9, 2024

Updated

Map

2634 Dalton Avenue
Los Angeles CA, 90018

Interior Features

Total Stories

2


Laundry Description

Inside


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.16 Acres


Lot Features

0-1 Unit/Acre


Sewer

Public Sewer

Other Property Details

Area Name

699 - Not Defined


Days on Market

3


Garage

No


Parking Total

0


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

LARD1.5


Buyer Agency Compensation

2%

Listing Contact: 310-425-9838 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 5/9/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 5/9/2024 at 5:11 PM UTC

 

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