$1,695,000 $9,099 forsale estimated payment Sourced by Back At You
2617 Halldale Avenue , Los Angeles, CA 90018
Los Angeles, CA 90018
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.
Details
| Mls | SB24187003 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Subtype | Resale |
| Status | Active |
| Year | 1904 |
| Days On Site | 95 |
| Listing Provided By | Lyon Stahl Investment Real Estate, Inc. 310-425-9838 | Brett Lyon |
Features
| Sq Feet | 4,724 |
|---|---|
| Storys | 2 |
| Units | 9 |
| Buildings | 1 |
| Zoning | LARD1.5 |
| Acreage | 0.17 |
Market Activity 90018
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90018 |
| Area | C16 Mid Los Angeles |
| Listing VS Median (in 90018) | |
Price: $1,695,000 low | high Med: $1,049,500 SqFt: 4,724 low | high Med: 1,921 $ / SqFt: $359 low | high Med: $608 On Site: 95 low | high Med: 69.000000 | |
Listing Updated: December 8, 2024 at 10:51:17 AM PST
