2617 Halldale AVE Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
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
Acres 0.1699
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