Los Angeles, CA 90018,2617 Halldale AVE
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Los Angeles, CA 90018,2617 Halldale AVE
Los Angeles, CA 90018,2617 Halldale AVE
Los Angeles, CA 90018,2617 Halldale AVE
Los Angeles, CA 90018,2617 Halldale AVE
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Jeffrey Bullock

Jeffrey Bullock

$ 1,695,000
Est. payment /mo
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Active

2617 Halldale AVE Los Angeles, CA 90018

7,400 Sqft Lot


UPDATED:

09/30/2024 06:23 PM

Key Details

Property Type Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

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

Interior

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


California Regional MLS (CRMLS)
Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc. • 310-780-1899