$2,000,000 Price Analysis   ♡   Los Angeles, CA 90018 10 bed 9 bath 5,621 SqFt ($355/SqFt) 7,103SqFt lot. Built 1984 Listed 2024-05-06, Taxes $18,566 | Ⓧ USDA Ineligible due to price & location near Los Angeles |
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 subject to CA AB 1482 which allows 8.8% increases or 5%+CPI annually. All the work has been completed for the n ew 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 Dwntown 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.
Presented by Cameron Samimi at
Lyon Stahl Investment Re, Inc.
Property MLS #SB24086857 from CRMLS
Lot Size Acres: 0.1630624
Lot Size Source: Assessor
Lot Size Square Feet: 7103
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 1
Bedrooms in Unit-5: 3
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 1
Total Bathrooms in Unit-5: 2
County: Los Angeles
Cap Rate: 5.03
Source Property Type: Residential Income
Area: 699 - Not Defined
Source Neighborhood: 699 - Not Defined
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Number of Separate Water Meters: 1
Parcel Number: 5053027034
Zoning: LARD1.5
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $735,824 + $762,104 $1,497,928 | $18,566 |
| 2021 | $721,397 + $747,161 $1,468,558 | $18,321 |
| 2020 | $714,000 + $739,500 $1,453,500 | $18,511 |
| 2019 | $700,000 + $725,000 $1,425,000 | $17,801 |
| 2018 | $467,181 + $27,365 $494,546 | $6,860 |
| 2017 | $458,021 + $26,829 $484,850 | $6,684 |
| 2016 | $449,041 + $26,303 $475,344 | $6,481 |
| 2015 | $442,296 + $25,908 $468,204 | $6,396 |
| 2014 | $433,633 + $25,401 $459,034 | $6,450 |
| 2013 | $431,674 + $25,287 $456,961 | $6,434 |
| 2012 | $423,210 + $24,792 $448,002 | $6,517 |
| 2010 | $414,912 + $24,306 $439,218 | $6,323 |
| 2009 | $412,791 + $24,183 $436,974 | $6,098 |
| 2009 | $411,812 + $24,125 $435,937 | $6,098 |
| 2008 | $404,698 + $23,709 $428,407 | $5,862 |
| 2007 | $396,763 + $23,245 $420,008 | $5,661 |
$2,000,000
CRMLS
Sold 2018-12-28
$1,425,000
CRMLS
Listed 2018-11-07
$1,500,000
CRMLS
Year Built: 1984
Building Features: 1
Common Walls: 2+ Common Walls
Entry Level: 1
Entry Location: 1
Property Age: 40
Property Attached: Yes
Building Total Stories: 2
Structure Type: Apartment
Year Built Source: Assessor
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.