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29091979
29091980

16722 Dalton Ave, Gardena, CA 90247 For Sale

CS
CA 02035763
Lyon Stahl Investment Real Estate
MP
CA 01993341
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate
$2,100,000
196 days on market
Updated 21 days ago

16720 S Dalton Ave | 5 Units

Details
APN 6106024017
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,494
Net Rentable (SqFt) 4,494
Units 5
Cap Rate 4.39%
NOI $92,115
Occupancy 100%
Pro-Forma Cap Rate 5.38%
Pro-Forma NOI $112,891
Price per SqFt $467
Broker Co-Op Yes
Class B
Year Built 1988
Buildings 1
Stories 2
Lot Size (SqFt) 7,502
Zoning GAR3
Parking Spaces 10 spaces
Parking per 1,000 SqFt 2.23
Investment Type Value Add
Ground Lease No

Multifamily | 5 Units | $420,000/unit

Marketing description

Built in 1988, this well maintained 5-unit multifamily investment offers immediate income with built-in upside. The property features an excellent unit mix consisting of (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit, catering to the strong tenant demand in the area. Most rents are near market, with an estimated 14% rental upside after lease of vacancy. An attractive opportunity for investors seeking both stability and growth. Efficiently operated with very low expenses, making it an ideal passive investment that does not require professional management. Parking is a major advantage, offering 10 total spaces: one 2-car garage and 8 tuck-under spaces. Storage units are big enough to offer ADU potential without losing any parking. Buyer to verify. This asset is a compelling opportunity to acquire a newer-built, low maintenance multifamily property with immediate cash-flow! Do not Walk Property or Disturb Tenants!

Investment highlights

  • 1988 Construction

  • All utilities are metered separately

  • Excellent unit mix (4) 2bed/1bath units & (1) 3bed/2bath Townhome unit

  • Cash-flowing Asset with 14% upside after lease of vacancy

  • 10 parking spaces: One 2-car garage and 8 tuck-under spaces

  • Low Expenses (Actuals in OM)

  • One Vacant 2bed unit

Listing Contacts

CS
CA 02035763
Lyon Stahl Investment Real Estate
MP
CA 01993341
Lyon Stahl Investment Real Estate
Listed by Lyon Stahl Investment Real Estate

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$92,115.00
$7,676.25/mo

Valuation Metrics

0
DSCR
4.39%
Cap Rate
4.39%
ROI

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