2617 Halldale Avenue

Los Angeles, CA 90018

$1,695,000

List Price

N/A

bed Beds

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shower Baths

N/A sqft

straighten / sqft

1904

calendar_month Built

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.

Listing Information

List Price $1,695,000
Status Active
MLS SB24187003
Type Residential Income
Subtype Mixed Use
Year Built 1904
Lot Size 7,402
Structure Size N/A
Courtesy Of Lyon Stahl Investment Real Estate, Inc.
Listing Agent Brett Lyon DRE#01717818
Co-Listing Agent Woody Stahl DRE#01399621

Interior Features

Laundry Information
Location(s) None
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

Listing information courtesy of: Brett Lyon, Woody Stahl, Lyon Stahl Investment Real Estate, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:23 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.