
16722 S Dalton Ave
Valuation
$1,990,000
Valuation
$1,990,000
Key Specifications
Total Units
5
multifamily
Year Built
1988
Value-Add Era
Interior
4,494 SF
$443 / SF
Lot Area
7,502 SF
Unit Mix
multifamily
1x 3-Bed/2-Bath, 4x 2-Bed/1-Bath
Investment Highlights
Property Overview
16722 S Dalton Ave is a 5-unit apartment building located in Gardena, CA 90247. Built in 1988, the property features a desirable unit mix of one 3-bedroom, 2-bathroom unit and four 2-bedroom, 1-bathroom units. The total building size is 4,494 SF on a 7,502 SF lot. This well-maintained multifamily investment offers immediate income potential with significant built-in upside. The property boasts an excellent unit mix that caters to strong tenant demand in the area. One of the 2-bedroom units will be delivered vacant at the close of escrow, providing an immediate opportunity to capture an estimated 14% rental upside once leased at market rates. Most current rents are already near market, further enhancing the investment's appeal. This asset is an ideal passive investment due to its efficient operation and very low expenses, eliminating the need for professional management. A key advantage is the ample parking, with 10 total spaces including a 2-car garage and 8 tuck-under spaces. This newer-built, low-maintenance property presents a compelling opportunity for investors seeking immediate income and future growth.
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