5869 Dauphin Avenue

Los Angeles, CA 90034

$1,550,000
Price
9
Beds
6
Baths
3,244 Sq. Ft.
$478 / Sq. Ft.
3,244
Sq. Ft.
$478
per Sq. Ft.

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!
  1. Listed by Andrew Watkins • DRE #01478668 • Brokerage DRE #01845716 • Century 21 Masters

Property Details for 5869 Dauphin Avenue

Water Front
None
Zoning
LARD1.5
Style
Traditional
Parcel Number
5065019024
Total Units
4.0
Living Area
3244
Source Living Area
Assessor
Area
Mid Los Angeles (C16)

Location

Listing Courtesy of Century 21 Masters, Andrew Watkins, DRE #01478668
Add your commute
LISTING UPDATED: 04/30/2024 09:54 AM

Property Details for 5869 Dauphin Avenue

StatusActive
MLS #24-368127
Days on Market40
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1965
Lot Size0.09 AC / 4,004 SF
CountyLos Angeles County

Location

Listing Courtesy of Century 21 Masters, Andrew Watkins, DRE #01478668
Add your commute

Building Information for 5869 Dauphin Avenue

Stories2Residences-Year Built1965Building Size-Lot Size0.09 AC / 4,004 SF

Payment Calculator

$10,130 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,671

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5869 Dauphin Avenue

Community / Development
Community / Development
  • Number Of Units: 4
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Four plex
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Direction Faces: West
  • Water: District
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $105,664
  • Net Operating Income: $78,481.00
  • Gross Income: $105,664
  • Cap Rate: 5.06%
  • Gross Rent Multiplier: $14.67
  • Owner Pays: Water, Gardener, Other
  • Total Annual Expense: 27183
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 0.0919
  • Lot Size Square Feet: 4004
Parking Details
Parking Details
  • Parking Garage: Assigned, Driveway
  • Total Parking: 4
  • Parking Features: Assigned, Driveway
Interior Features
Interior Features
  • Levels: Multi/Split
  • Cooling Type: Window Unit(s)
  • Heating: Wall Furnace
  • Heating Type: Wall
  • Flooring: Engineered Hardwood, Carpet
  • Equipment: Garbage Disposal, Microwave, Refrigerator, Range/Oven
  • Common Walls: Attached
  • Laundry: Community
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 03-14-2024
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Cable TV, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $3,124.00
  • Unit Actual Rent: $3,124.00
  • Unit Projected Rent: $3,500.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,523.00
  • Unit Actual Rent: $1,523.00
  • Unit Projected Rent: $2,500.00
  • Like Units: 1
Unit 3 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $2,852.00
  • Unit Actual Rent: $2,852.00
  • Unit Projected Rent: $3,915.00
  • Like Units: 1
Unit 4 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,306.00
  • Unit Actual Rent: $1,306.00
  • Unit Projected Rent: $1,750.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $816,000.00
  • Assessed Improvement Percent: 50.0
  • Assessed Land Value: $816,000.00
  • Assessed Land Percent: 50
  • Assessed Total Value: $1,632,000.00

Property History for 5869 Dauphin Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

5869 Dauphin Avenue is a multi-family home for sale in Los Angeles, CA 90034. This property was listed for sale on March 14, 2024 by Century 21 Masters, it's currently listed at $1,550,000. It has been on the market for a total of 40 days and was last sold on April 18, 2022. This listing's school district is Los Angeles Unified School District. Nearby schools include Marvin Elementary School, Daniel Webster Middle School and Alexander Hamilton Senior High School. 5869 Dauphin Avenue is a 9-bed, 6-bath, 3,244 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Century 21 Masters, Andrew Watkins, DRE #01478668

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.