2634 Dalton Avenue
2634 Dalton Avenue
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...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.
Property Details for 2634 Dalton Avenue
Location
Property Details for 2634 Dalton Avenue
| Status | Active |
|---|---|
| MLS # | SB24086857 |
| Days on Market | 23 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1984 |
| County | Los Angeles County |
Location
Building Information for 2634 Dalton Avenue
Payment Calculator
$12,535 per month
30 year fixed, 7.25% Interest
$10,915
$1,620
$0
Property Information for 2634 Dalton Avenue
- Gross Income: $151,200
- Gross Scheduled Income: $151,200
- Net Operating Income: $100,605
- Gross Multiplier: 13.23
- Cap Rate: 5.03
- Operating Expense: $46,059
- Fuel Expense: $0
- Electric Expense: $0
- Insurance Expense: $0
- Professional Management Expense: $0
- Trash Expense: $0
- Water Sewer Expense: $0
- Total Expenses: $46,059
- Tax Block: 5
- Tax Tract Number: 1234
- Tax Census Tract: 2222.00
- CFD/Mello-Roos Fee: $1,099
- Tax Lot: 12
- Community Features: Urban
- Laundry: Yes
- Laundry Features: Inside
- Entry Location: 1
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Lot Features: 0-1 Unit/Acre
- Number Of Units: 5
- Land Lease: No
- Land Lease Type: Fee
- Water: Public
- Sewer: Public Sewer
- Water Source: Public
- Garage Spaces: 0
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $2,550
- Unit Type Total Rent: $2,550
- Unit Type Pro Forma: 3450
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $2,550
- Unit Type Total Rent: $2,550
- Unit Type Pro Forma: 3450
- Unit Type Type: 2
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $2,625
- Unit Type Total Rent: $2,625
- Unit Type Pro Forma: 3450
- Unit Type Type: 3
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Actual Rent: $1,750
- Unit Type Total Rent: $1,750
- Unit Type Pro Forma: 2400
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 3
- Unit Type Baths Total: 2
- Unit Type Actual Rent: $3,125
- Unit Type Total Rent: $3,125
- Unit Type Pro Forma: 3700
- Unit Type Type: 5
- Rent Controlled: Yes
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 5
- Number Of Separate Gas Meters: 5
- Number Of Separate Water Meters: 1
Property History for 2634 Dalton Avenue
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2634 Dalton Avenue
Schools near 2634 Dalton Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Charter - | K to 5 |
Rating | School | Distance |
|---|---|---|
Vermont Avenue Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Stem Preparatory Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Lyon Stahl Investment Real Estate, Inc., Cameron Samimi, DRE #02035763
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.