$ 1,695,000
2617 Halldale AVE Los Angeles, CA 90018
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,695,000
Est. payment /mo
Active
2617 Halldale AVE Los Angeles, CA 90018
4,724 SqFt
UPDATED:
09/30/2024 06:23 PM
Key Details
Property Type Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,724 sqft
Price per Sqft $358
MLS Listing ID SB24187003
HOA Y/N No
Year Built 1904
Lot Size 7,400 Sqft
Property Description
Discover this well-maintained 9-unit property located in the desirable West Adams area. Situated on a large 7,402 SF lot, this property offers a total of 4,724 SF of living space, featuring a strong unit mix of (2) 2-bed/1-bath units, (4) 1-bed/1-bath units, and (3) studio units. Priced competitively with a 3.98% CAP rate and a 14.99 GRM on current rents, this property also presents significant upside potential with 71% rental upside and a market CAP of 8.46%. Located in a prime West Adams location, with easy access to Downtown, West Hollywood, Century City, and Culver City, this property represents an outstanding investment opportunity in a growing market with long-term appreciation potential.
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking
Total Parking Spaces 9
Private Pool No
Building
Lot Description 6-10 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5053027018
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
Lease Land No
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 310-780-1899
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