2617 Halldale Avenue

Los Angeles, CA 90018

About this property

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.

About this property

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.

Features and Additional Information

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$1,695,000 Active
4,724 SQFT

Presented By Coldwell Banker Home Source

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Get in touch today! Phone: 1-760-684-8100
License #01902736
Brokerage
Lyon Stahl Investment Real Estate, Inc. 310-425-9838
1-310-425-9838
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Area Information

C16 Mid Los Angeles | Los Angeles County |

$ 1,695,000
This listing is play_arrow 61.4% higher than the average in the area
$ 1,050,000 in the area
4,724 SqFt
This listing is play_arrow 304.1% larger than the average in the area
1,169 SqFt in the area
$ 359 $/SqFt
This listing is play_arrow 60.1% less than the average in the area
$ 898 $/SqFt in the area
93 days on site
This listing is play_arrow 69.1% above the average in the area
55 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Brett Lyon
Brokerage: Lyon Stahl Investment Real Estate, Inc. 310-425-9838

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