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2640 Dalton Ave, Los Angeles, CA, 90018

10beds
9baths
5,621sqft
$1,250,000
$222price/sqft
$8,434/moest. monthly cost
$337,360/yrincome needed

About This Home

2640 Dalton Ave is a 5-unit apartment building situated in the heart of flourishing West Adams. Currently operating at a 5.55% CAP and 11.24 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% increases or 5%+CPI annually. Two(2) of the Five units have been completely renovated. Don't miss this opportunity to own in one of the most rapidly appreciating neighborhoods in all of Los Angeles! 2640 Dalton Ave is comprised of (1) 3-Bed/2-Bath, (3) 2-Bed/1.5-Bath townhomes and (1) 1Bed-1Bath units. Two units have 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.

Getting Around

81
WalkingVery Walkable
59
TransitGood Transit
63
BikeBikeable

Schools

Construction

Condition

  • Year built: 1984

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 9

Features

  • Common walls with other units/homes: 2+ Common Walls

Interior Area

  • Total structure area: 5,621
  • Total interior livable area: 5,621 sqft

Property

Details

  • Parcel number: 5053027031
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Side
  • Pool features: None

Lot

  • Lot size: 7,102 sqft
  • Features: 0-1 Unit/Acre

Parking

  • Parking features: Assigned