4112 Dalton Avenue

    Los Angeles (City), CA 90062
    • $750,000
    • STATUS: Active
    • ON SITE: 152 days
    • ID#: MB18114881
    UPDATED: 69 min ago
    $750,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,558
      SQFT
    • $211
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1916
    County:

    School Ratings & Info

    Description

    GREAT OPPORTUNITY AND INVESTMENT! RIGHT IN THE HEART OF LOS ANGELES!! THIS CASH-FLOWING AND TAX-SHELTERING PROPERTY LIES ON THE EXPOSITION PARK / VERMONT SQUARE BOARDER. BORDERED BY HISTORICAL JEFFERSON PARK AND WEST ADAMS. BLOCKS FROM CHESTERFIELD SQUARE. " WALKING DISTANCE" TO THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC), MANUAL ARTS SENIOR HIGH SCHOOL, FOSHAY LEARNING CENTER, LOS ANGELES MEMORIAL COLOSSEUM, LOS ANGELES NATURAL HISTORY MUSEUM, AND EXPOSITION PARK. -- TONS OF ROOM FOR GROWTH !!! PRICED TO SELL.. TONS OF GENTRIFICATION HAPPENING IN THIS AREA. HUGE SIZE FOR THE AREA -- OVER 3,558 SQ.FT. OF LIVING SPACE, AND MORE. JUST UNDER $166K/SQ.FT. THIS PROPERTY HAS A FULL BASEMENT WITH LOTS OF STORAGE SPACE. REGISTERED WITH THE CITY OF LOS ANGELES FOR 3 UNITS, GENERATING 3 UNITS WORTH OF INCOME+extra $100 for basement!., ZONED R-2. THIS PROPERTY MAINTAINS TWO(2) 3 BEDROOM AND 2 BATHROOMS AND A STUDIO. TONS OF POTENTIAL!. LOTS OF ROOM AND PARKING. PERFECT RENTAL PROPERTY. THIS IS A FAST PACE GROWING MARKET . DON'T WAIT BEFORE IT'S TOO LATE! *** Buyer(s) and their agents are to determine the accuracy of the information provided ***

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T20:30:29.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/83660960

    4112 Dalton Avenue Los Angeles (City), CA 90062

    • Price: $750,000
    • Status: Active
    • Updated: 69 min ago
    • ID#: MB18114881
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,558
    SQFT
    $211
    $/SQFT
    1916
    Built
    Neighborhood:
    C37 - Metropolitan South
    County:
    Los Angeles
    Area:
    C37 - Metropolitan South
    Property Description
    GREAT OPPORTUNITY AND INVESTMENT! RIGHT IN THE HEART OF LOS ANGELES!! THIS CASH-FLOWING AND TAX-SHELTERING PROPERTY LIES ON THE EXPOSITION PARK / VERMONT SQUARE BOARDER. BORDERED BY HISTORICAL JEFFERSON PARK AND WEST ADAMS. BLOCKS FROM CHESTERFIELD SQUARE. " WALKING DISTANCE" TO THE UNIVERSITY OF SOUTHERN CALIFORNIA (USC), MANUAL ARTS SENIOR HIGH SCHOOL, FOSHAY LEARNING CENTER, LOS ANGELES MEMORIAL COLOSSEUM, LOS ANGELES NATURAL HISTORY MUSEUM, AND EXPOSITION PARK. -- TONS OF ROOM FOR GROWTH !!! PRICED TO SELL.. TONS OF GENTRIFICATION HAPPENING IN THIS AREA. HUGE SIZE FOR THE AREA -- OVER 3,558 SQ.FT. OF LIVING SPACE, AND MORE. JUST UNDER $166K/SQ.FT. THIS PROPERTY HAS A FULL BASEMENT WITH LOTS OF STORAGE SPACE. REGISTERED WITH THE CITY OF LOS ANGELES FOR 3 UNITS, GENERATING 3 UNITS WORTH OF INCOME+extra $100 for basement!., ZONED R-2. THIS PROPERTY MAINTAINS TWO(2) 3 BEDROOM AND 2 BATHROOMS AND A STUDIO. TONS OF POTENTIAL!. LOTS OF ROOM AND PARKING. PERFECT RENTAL PROPERTY. THIS IS A FAST PACE GROWING MARKET . DON'T WAIT BEFORE IT'S TOO LATE! *** Buyer(s) and their agents are to determine the accuracy of the information provided ***
    Exterior Features

    Architectural Style BungalowCraftsmanModernTudor Carport Spaces 0.00 Fence YN Yes Fencing Wrought Iron Foundation Details Raised Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Total 14.00 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof CompositionShingle View See Remarks View YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Flooring See Remarks Heating BaseboardFloor FurnaceWall Heater Heating YN Yes Interior Features Storage Space Laundry Features Area Levels Three Or More Room Type AtticBasement

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.40 Community Features Urban Country Us Electric Expense 3600.00 Elevation Units Feet Fuel Expense 480.00 Gross Income 1200.00 Gross Multiplier 16.50 Gross Operating Income 45440.00 Gross Scheduled Income 45440.00 Gross Spendable Income 40734.00 Insurance Expense 800.00 Land Lease YN No Laundry YN Yes Licenses Expense 150.00 Net Operating Income 39534.00 New Taxes Expense 876.00 Number Of Separate Electric Meters 2 Number Of Separate Gas Meters 2 Number Of Separate Water Meters 1 Number Of Units Leased 3 Number With Carpet 3 Number With Dishwasher 0 Number With Disposal 0 Number With Drapes 0 Number With Patio 0 Number With Range 0 Number With Refrigerator 0 Operating Expense 5906.00 Other Income1 1200.00 Property Condition Repairs Cosmetic Property Sub Type Triplex Rent Control YN Yes Senior Community YN No Special Listing Conditions Standard Subdivision Name Other Vermont Square Total Actual Rent 3886.62 Total Expenses 5906.00 Trash Expense 0.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 0.00 Water Source Public Zoning Lar2

    Listing provided courtesy of Gonzalo Gomez of Excellence Re Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-10-16T20:30:29.867. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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