2617 South Halldale Avenue
$1,695,000
8
9
4,724
4,724
$359
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,...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.
- Listed by Brett Lyon • DRE #01717818 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 310-780-1899
- Listed by Woody Stahl • DRE #01399621 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Est
Property Details for 2617 South Halldale Avenue
Parking Spaces Total
9
Private PoolNo
Total Units9.0
Building TypeAttached
Lot Size SourceAssessor
Living Area4724
Assessor Parcel Number5053-027-018
Property Attached YNtrue
LISTING UPDATED: 09/09/2024 04:52 AM
Property Details for 2617 South Halldale Avenue
Status | Active |
---|---|
MLS # | SB24187003 |
Days on Market | 59 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Residential Income |
Year Built | 1904 |
Lot Size | 0.17 AC / 7,402 SF |
County | Los Angeles County |
Building Information for 2617 South Halldale Avenue
Stories2Residences-Year Built1904Building Size-Lot Size0.17 AC / 7,402 SF
Property Information for 2617 South Halldale Avenue
Property History for 2617 South Halldale Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2617 South Halldale Avenue
Taxable ValueLand$163,977Additions$175,697Total$339,674
Tax Record2024$5,164 ($430 / month)
Home Facts
Total Finished SqFt4,724 SqFtAbove Grade Finished SqFt4,724 SqFtLot Size7,400 SqFtStyleMulti-Family Res (5+ Units)Year Built1904ZoningLARD1.5CountyLOS ANGELESAPN5053-027-018
Schools near 2617 South Halldale Avenue
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Charter - | K to 5 |
Rating | School | Distance |
---|---|---|
Vermont Avenue Elementary School PublicK to 5 | ||
Johnnie Cochran, Jr., Middle School Public6 to 8 | ||
West Adams Preparatory High School Public9 to 12 | ||
Stem Preparatory Academy CharterK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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