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West Adams Multifamily Investment Opportunity
For Sale
$1,715,000

2634 Dalton Avenue, Los Angeles, CA 90018

Five-unit apartment building in West Adams with strong cash flow.

Property SizeContact for details
Days on Market428

Property Features for 2634 Dalton Avenue

General Information

Standard status Active

Building Details

Year Built 1984
Listing Agency: LYON STAHL INVESTMENT REAL ESTATE, INC.
Listed By: CAMERON SAMIMI
Source: Corcoran
Added: Jun 9, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LYON STAHL INVESTMENT REAL ESTATE, INC.

Investment Insights

Based on property information with market context.

The property at 2634 Dalton Ave is a five-unit apartment building located in West Adams. The property is currently operating at a 6.17% CAP rate and an 11.04 GRM. The building is not subject to RSO rent control, but is subject to CA AB 1482, allowing for annual rent increases of 8.8% or 5% plus CPI. The unit mix comprises one 3-bed/2-bath unit, three 2-bed/1.5-bath townhomes, and one 1-bed/1-bath unit. Each unit has been renovated with central A/C, Ring doorbells, new floors, cabinets, appliances, fixtures, and bathrooms. There are eight parking spaces with alleyway access, private patios for each unit, and on-site laundry. The property is located between Downtown Culver City, Downtown Los Angeles, and the city's metro line, with access to the 10, 405, and 110 freeways.

Key Highlights

  • Strong day one cash flow with a 6.17% CAP rate and 11.04 GRM.
  • Not subject to RSO rent control, only CA AB 1482 (allowing for rent increases).
  • Meticulously renovated units featuring Central A/C, Ring Doorbells, new floors, cabinets, appliances, fixtures, and bathrooms.**

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store HVAC Service Travel Agency Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,132
Businesses Nearby

Demographics for 90018, CA

50,179
Population
17,917
Households
2.8
Avg Household Size
37
Median Age
24%
College-Educated
74%
High-School Grad
3.0 sq mi
ZIP Area
16,726
Density / Sq Mi
$63,671
Median Household Income
$36,845
Median Earnings
$1,512
Median Rent
$886,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit apartment building in West Adams with strong cash flow.
Where is this apartment building located?
The property is located at 2634 Dalton Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,715,000.
What are key features of this property?
This property features: Strong day one cash flow with a 6.17% CAP rate and 11.04 GRM.; Not subject to RSO rent control, only CA AB 1482 (allowing for rent increases).; Meticulously renovated units featuring Central A/C, Ring Doorbells, new floors, cabinets, appliances, fixtures, and bathrooms.**
More about this property
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