CA > Los Angeles
Los Angeles, CA 90034,5869 Dauphin ST
Los Angeles, CA 90034,5869 Dauphin ST
Los Angeles, CA 90034,5869 Dauphin ST
Los Angeles, CA 90034,5869 Dauphin ST
Los Angeles, CA 90034,5869 Dauphin ST
Los Angeles, CA 90034,5869 Dauphin ST
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Louis DiGonzini

Louis DiGonzini

+1(949) 922-8420
$ 1,495,000
Est. payment | /mo

9 Beds

6 Baths

3,244 SqFt

Save
$ 1,495,000
Est. payment | /mo
Save

9 Beds

6 Baths

3,244 SqFt

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,244 sqft

Price per Sqft $460

MLS Listing ID 24460923

Bedrooms 9

HOA Y/N No

Year Built 1965

Lot Size 4,003 Sqft

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 commute to DTLA, Beverly Hills, Santa Monica and LAX. Seller paid $1,600,000 in 2022 and is selling due to change in life circumstances. This is an excellent opportunity to acquire an investment property with strong income and future upside in rents and the neighborhood. A great starter property to launch your income portfolio. SELLER MOTIVATED-ALL OFFERS WILL BE ENTERTAINED!

Location

State CA

County Los Angeles

Area C16 - Mid Los Angeles

Zoning LARD1.5

Interior

Heating Wall Furnace

Fireplace No

Exterior

Garage Driveway

Parking Type Driveway

Total Parking Spaces 4

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5065019024

Special Listing Condition Standard

California Regional MLS (CRMLS)
Listed by Andrew Watkins • Century 21 Masters
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 922-8420

ldigonzini@thedigonzinigroup.com

260 Bakerstreet East Suite #200, Costa Mesa, California, 92626, USA

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5869 Dauphin ST