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$1,695,000

Beds
Unknown
sq ft
4,724

2617 Halldale Ave, Los Angeles, CA 90018

2617 Halldale Ave

Los Angeles, CA 90018

  • 71 days on market
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.

Details

Property type

Mixed Use

Lot size

7,402 sq ft

Price per sq ft

$359

Year built

1904

Price History

09/09/2024
CRMLS

CRMLS #SB24187003

Listed
$1,695,000

Schools & Community

Neighborhood: 

Adams-Normandie

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 11/19/2024 at 3:30 AM

Listing updated: 10/07/2024 at 12:41 AM

Listed by: Brett Lyon, Lyon Stahl Investment Real Estate, Inc. Phone #: (310) 425-9838

MLS: CRMLS #SB24187003

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