Renovated Five-Unit Apartment
2640 Dalton Ave Los Angeles, CA 90018
2640 Dalton Ave, Los Angeles, CA, 90018
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For Sale
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Five renovated units with central A/C, patios, and eight alley-access parking spaces plus on-site laundry.
Property Size5,621 SF
Price / SF$222.38
Days on Market85
Property Features for 2640 Dalton Ave
General Information
- Standard status
- Active
- Size
- 5,621 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1984
Listing agency
Lyon Stahl Investment Real Estate
(310) 259-7556
Listed by
Cameron Samimi · License #CA 02035763
Source
Crexi
Added: Apr 29 Updated: Jul 20 at 10:48PM Checked: Jul 21 at 6:18AM
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
Investment Insights
Based on property information with market context.
This five-unit apartment building includes a mix of three 3-bed/2-bath townhomes, three 2-bed/1.5-bath townhomes, and one 1-bed/1-bath unit, with potential for a 1+1 ADU. The residences have been renovated with modern finishes such as central A/C, new flooring, cabinetry, appliances, fixtures, and updated bathrooms, along with Ring doorbells. Tenants have access to eight parking spaces with alley access, private patios for each unit, and on-site laundry facilities.
The property is located in West Adams, positioned between Downtown Culver City and Downtown Los Angeles, and is described as being within close reach of the city’s Metro line. Access to the 10, 405, and 110 freeways is noted for commuting throughout the area.
The building is non-RSO rent controlled and is only subject to CA AB 1482, allowing 8% increases or 5% + CPI annually. It is currently operating at a 5.55% cap rate and 11.24 GRM, with two of five units reporting major renovations complete.
The property is located in West Adams, positioned between Downtown Culver City and Downtown Los Angeles, and is described as being within close reach of the city’s Metro line. Access to the 10, 405, and 110 freeways is noted for commuting throughout the area.
The building is non-RSO rent controlled and is only subject to CA AB 1482, allowing 8% increases or 5% + CPI annually. It is currently operating at a 5.55% cap rate and 11.24 GRM, with two of five units reporting major renovations complete.
Key Highlights
- 5‑unit apartment building built in 1984 with a 5.55% CAP rate and 11.24 GRM (per provided remarks).
- Unit mix: (1) 1 bed/1 bath, (2) 3 bed/2 bath, and (3) 2 bed/1.5 bath townhomes, plus potential for a 1+1 ADU (per provided remarks).
- Renovations include central A/C, Ring doorbells, new flooring, cabinetry, appliances, fixtures, and updated bathrooms (as described).
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FAQs
What type of property is this?
Apartment building - Five renovated units with central A/C, patios, and eight alley-access parking spaces plus on-site laundry.
Where is this apartment building located?
The property is located at 2640 Dalton Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 5‑unit apartment building built in 1984 with a 5.55% CAP rate and 11.24 GRM (per provided remarks).; Unit mix: (1) 1 bed/1 bath, (2) 3 bed/2 bath, and (3) 2 bed/1.5 bath townhomes, plus potential for a 1+1 ADU (per provided remarks).; Renovations include central A/C, Ring doorbells, new flooring, cabinetry, appliances, fixtures, and updated bathrooms (as described).
