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$ 1,495,000
Est. payment /mo
Pending
5869 Dauphin Street Los Angeles, CA 90034
9 Beds
3,244 SqFt
UPDATED:
11/15/2024 04:06 PM
Key Details
Property Type Other Types
Sub Type OTHER
Listing Status Pending
Purchase Type For Sale
Square Footage 3,244 sqft
Price per Sqft $460
MLS Listing ID CL24460923
Bedrooms 9
HOA Y/N No
Year Built 1965
Lot Size 4,004 Sqft
Acres 0.09
Property Description
Legal 4-plex close to Culver City, West Adams, Cumulus District, Hayden Tract and the soon-to-open Habitat development. Gross Scheduled Income: $105,481. Estimated Annual Expenses: $31,499. Net Operating Income: $73,982. GRM: 14.17. Cap Rate: 4.95%. Front unit is a townhouse style 3BD/2BA with other attractive unit mix of 3BD/2BA, 2BD/1BA, and 1BD/1BA. Two units have been remodeled. This property has been well maintained throughout the years with regular maintenance and several updates. Seller invested over $65,000 in improvements. Two units have been fully remodeled with new interior paint & new floors throughout, HVAC, updated plumbing, new full kitchen with appliances, new bathrooms and more. On-site laundry available for extra income. Low expenses. Quiet location on a cul-de-sac. Strong rental location. This area is undergoing an enormous transformation with the construction of new apartment buildings and the opening of creative office space for many tech companies such as HBO, Amazon, Apple, and more. Walk to new restaurants and galleries on West Adams such as Tartine, Normandie Bakery, Farmhouse kitchen, Alta, Mizlala, Adams Wine Shop and Cento and Whole Foods. Bike to trendy Culver City downtown, Boneyard Dog Park, Farmers Market, the LA Fitness and Equinox Gym. Easy commu
Location
State CA
County Los Angeles
Area Listing
Zoning LARD
Interior
Heating Wall Furnace
Fireplace No
Exterior
Total Parking Spaces 4
Building
New Construction No
Others
Tax ID 5065019024
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Listed by Andrew Watkins • Century 21 Masters