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3987 Dalton Avenue

Los Angeles (City), CA 90062
  • $3,150,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 23300549
UPDATED: 42 min ago
$3,150,000
  • 16
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,600
    SQFT
  • $477
    $/SQFT
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Listing Agent(s): Max Berger of Compass (310-230-5478)


Description

3987 Dalton is a new construction townhome complex 1.5 miles from the University of Southern California. Located just north of W. Martin Luther King Jr Blvd, this newly constructed townhome complex is close to the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, and an array of fast-casual eateries and daily essentials along Figueroa Blvd. Given the property's proximity to a prestigious university, this new construction opportunity is an ideal co-living or student housing opportunity for a future investor. 3987 Dalton was built in 2023 and features (4) 4-bdrm. and 4.5-bath three-story townhomes that average approx. 1,650 SF each. Equipped with modern condo-quality amenities, each townhome epitomizes luxury Los Angeles apartment living. Unit interiors include wood-laminate flooring, high-ceilings with recessed lighting, large picture windows allowing abundant natural light, quartz countertops, custom cabinetry, stainless-steel appliances, custom bathroom tileworks, and multiple split A/C systems. Please note, select units feature DTLA skyline views. These spacious, modern, and luxurious townhomes are projected to generate approx. $20,000 in gross monthly income. Based on the projected gross income, this turnkey asset is offered at a 5.56% market CAP and 13.13. market GRM.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T13:35:38.167. 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 or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/142415624
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3987 Dalton Avenue Los Angeles (City), CA 90062

  • Price: $3,150,000
  • Status: Active
  • On Site: 38 Days
  • Updated: 42 min ago
  • MLS #: 23300549
16
Beds
0
Baths
0
½ Baths
0.16
Acres
6,600
SQFT
$477
$/SQFT
2023
Built
Neighborhood:
C34 - Los Angeles Southwest
County:
Los Angeles
Area:
C34 - Los Angeles Southwest
Property Description
3987 Dalton is a new construction townhome complex 1.5 miles from the University of Southern California. Located just north of W. Martin Luther King Jr Blvd, this newly constructed townhome complex is close to the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, and an array of fast-casual eateries and daily essentials along Figueroa Blvd. Given the property's proximity to a prestigious university, this new construction opportunity is an ideal co-living or student housing opportunity for a future investor. 3987 Dalton was built in 2023 and features (4) 4-bdrm. and 4.5-bath three-story townhomes that average approx. 1,650 SF each. Equipped with modern condo-quality amenities, each townhome epitomizes luxury Los Angeles apartment living. Unit interiors include wood-laminate flooring, high-ceilings with recessed lighting, large picture windows allowing abundant natural light, quartz countertops, custom cabinetry, stainless-steel appliances, custom bathroom tileworks, and multiple split A/C systems. Please note, select units feature DTLA skyline views. These spacious, modern, and luxurious townhomes are projected to generate approx. $20,000 in gross monthly income. Based on the projected gross income, this turnkey asset is offered at a 5.56% market CAP and 13.13. market GRM.
Exterior Features

Architectural Style Modern Open Parking Spaces 6 Parking Features Side By Side Parking Total 6 View City Lights View YN Yes

Interior Features

Appliances DishwasherDisposalRefrigeratorDryerWasher Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.56 Gross Income 240000 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 175125 New Construction YN Yes Senior Community YN No Special Listing Conditions Standard Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-09-22T13:35:38.167. 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 or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Max Berger of Compass (310-230-5478)