5869 Dauphin Avenue
5869 Dauphin Avenue
$1,550,000
9
6
3,244
3,244
$478
Description
Legal 4-plex close to Culver City, West Adams, Cumulus District, Hayden Tract and the soon-to-open Habitat development. Gross Scheduled Income: $105,664. Annual Expenses: $27,183. Net Operating Income: $78,481. Grm: 14.67. Cap Rate: 5.06%. Front unit is a townhouse style 3BD/2BA with other attractive unit mix of 3BD/2BA, 2BD/1BA, and 1BD/1BA. Two units have been remodeled. This property has been well maintained throughout the years with regular maintenance and several updates. Seller invested over...Legal 4-plex close to Culver City, West Adams, Cumulus District, Hayden Tract and the soon-to-open Habitat development. Gross Scheduled Income: $105,664. Annual Expenses: $27,183. Net Operating Income: $78,481. Grm: 14.67. Cap Rate: 5.06%. Front unit is a townhouse style 3BD/2BA with other attractive unit mix of 3BD/2BA, 2BD/1BA, and 1BD/1BA. Two units have been remodeled. This property has been well maintained throughout the years with regular maintenance and several updates. Seller invested over $45,000 in improvements. Two units have been fully remodeled with new interior paint & new floors throughout, HVAC, updated plumbing, new full kitchen with appliances, new bathrooms and more. On-site laundry available for extra income. Low expenses. Quiet location on a cul-de-sac. Strong rental location. This area is undergoing an enormous transformation with the construction of new apartment buildings and the opening of creative office space for many tech companies such as HBO, Amazon, Apple, and more. Walk to new restaurants and galleries on West Adams such as Tartine, Normandie Bakery, Farmhouse kitchen, Alta, Mizlala, Adams Wine Shop and Cento and Whole Foods. Bike to trendy Culver City downtown, Boneyard Dog Park, Farmers Market, the LA Fitness and Equinox Gym. Easy commute to DTLA, Beverly Hills, Santa Monica and LAX. Seller paid $1,600,000 in 2022 and is selling due to change in life circumstances. Seller has assumable loan at 5.375%, balance $1.17M, and maturity date 05/2052 (Buyer to download form under Docs section). This is an excellent opportunity to acquire an investment property with strong income and future upside in rents and the neighborhood. A great starter property to launch your income portfolio. Seller motivated-all offers will be entertained!
- Listed by Andrew Watkins • DRE #01478668 • Brokerage DRE #01845716 • Century 21 Masters
Property Details for 5869 Dauphin Avenue
Water Front
None
ZoningLARD1.5
StyleTraditional
Parcel Number5065019024
Total Units4.0
Living Area3244
Source Living AreaAssessor
AreaMid Los Angeles (C16)
Location
LISTING UPDATED: 04/30/2024 09:54 AM
Property Details for 5869 Dauphin Avenue
Status | Active |
---|---|
MLS # | 24-368127 |
Days on Market | 40 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1965 |
Lot Size | 0.09 AC / 4,004 SF |
County | Los Angeles County |
Location
Building Information for 5869 Dauphin Avenue
Stories2Residences-Year Built1965Building Size-Lot Size0.09 AC / 4,004 SF
Payment Calculator
$10,130 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 5869 Dauphin Avenue
Property History for 5869 Dauphin Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 5869 Dauphin Avenue
Taxable ValueLand$816,000Additions$817,340Total$1,633,340
Tax Record2023$20,053 ($1,671 / month)
Home Facts
Total Finished SqFt3,244 SqFtAbove Grade Finished SqFt3,244 SqFtLot Size4,002 SqFtStyleQuadraplexYear Built1965ZoningLARD1.5CountyLOS ANGELESAPN5065-019-024
Schools near 5869 Dauphin Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 6 to 12 |
Rating | School | Distance |
---|---|---|
Marvin Elementary School PublicK to 5 | ||
Daniel Webster Middle School Public6 to 8 | ||
Alexander Hamilton Senior High School Public9 to 12 | ||
Los Angeles Center For Enriched Studies Public6 to 12 |
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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