2640 Dalton Ave

Investment Highlights

Property Overview

2640 Dalton Ave is a five-unit apartment building ideally positioned in the heart of rapidly developing West Adams. The property currently operates at a 5.55% CAP Rate and 11.24 GRM, offering investors strong day-one cash flow with immediate stability. The subject property is non-RSO rent controlled, only subject to CA AB 1482 which allows 8% increases or 5%+CPI annually. With every major renovation complete, the new owner can simply collect rent and enjoy effortless income. This is a prime opportunity to secure a turnkey asset in one of Los Angeles' most in-demand and appreciating neighborhoods. The property features a desirable mix of (1) 3-Bed/2-Bath, (3) 2-Bed/1.5-Bath townhomes, (1) 1-Bed/1-Bath unit, and potential for a 1+1 ADU to further boost income potential. Each residence has been meticulously renovated with modern finishes including central A/C, Ring doorbells, new flooring, cabinetry, appliances, fixtures, and updated bathrooms. Tenants enjoy access to eight parking spaces with alley access, private patios for each unit, and on-site laundry facilities. Situated between Downtown Culver City and Downtown Los Angeles, and within close reach of the city's Metro line, the property offers exceptional connectivity. Easy access to the 10, 405, and 110 freeways ensures convenience for commuters across the city. 2640 Dalton Ave represents an exceptional opportunity to own a low-maintenance, high-performing multifamily asset in one of Los Angeles' fastest-growing corridors.