$1,650,000
SOLD AUG 28, 2025
10 Beds
9 Baths
5,621 Sq Ft
7,103 Sq Ft Lot

Recently Sold

$294 Per Sq Ft

8% Below List Price

59 Days on Market

About This Home

As of August 2025

2634 Dalton Ave is a 5-unit apartment building situated in the heart of flourishing West Adams. Currently operating at a 6.17% CAP and 11.04 GRM, the subject property is ideal for any investor looking for strong day one cash flow. The subject property is non RSO rent control- it is only subject to CA AB 1482 which allows 8.8% increases or 5%+CPI annually. All the work has been completed for the new buyer! Sit back and collect a check. Don't miss this opportunity to own in one of the most rapidly appreciating neighborhoods in all of Los Angeles! 2634 Dalton Ave is comprised of (1) 3-Bed/2-Bath, (3) 2-Bed/1.5-Bath townhomes and (1) 1Bed-1Bath units. Each unit has been meticulously renovated including Central A/C, Ring Doorbells, new floors, cabinets, appliances, fixtures, bathrooms, etc. There are (8) parking spaces with alleyway access, private patios for each unit, and convenient on-site laundry. The subject property is conveniently located in-between Downtown Culver City, Downtown Los Angeles and the city's metro line. Renters will enjoy the proximity to the 10 , 405 and 110 freeways, making commuting in Los Angeles a breeze. This is an excellent opportunity to acquire an investment property with strong income and little maintenance.

Last Agent to Sell the Property

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 05/30/2025

Lyon Stahl Investment Real Estate, Inc.

Last Buyer's Agent

Minnie Versher

Minnie Versher License #01273661

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1984

Lot Details

  • 7,103 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • Apartment

Interior Spaces

  • 5,621 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 12 / 5
  • Tax Tract Number 123
  • Assessor Parcel Number 5053027034
  • $1,099 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • Rent Control
  • 6 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Operating Expense $44,965
  • Gross Income $155,400
  • Net Operating Income $104,711

Property Details

Home Type

Multi-Family

Year Built

Built in 1984

Lot Details

0

Parking

3

Listing Details

  • CapRate: 6.17
  • Price Per Unit: 343000
  • Property Attached: Yes
  • Zoning: LARD1.5
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5053027034
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 293.54

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7103.00
  • Lot Size Acres: 0.1631

Multi Family

  • Gross Income: 155400.00
  • Gross Multiplier: 11.04
  • Gross Scheduled Income: 155400.00
  • Lot Size Area: 7103.0000 Square Feet
  • Net Operating Income: 104711.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Operating Expense: 44965.00
  • Rent Control: Yes
  • Total Expenses: 44965.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 2222.00
  • Tax Lot: 12
  • Tax Tract Number: 0123
  • TaxOtherAnnualAssessmentAmount: 1099.00

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Sold $1,650,000 -3.8% $294 / Sq Ft
06/10/2025 06/10/25 Price Changed $1,715,000 -4.7% $305 / Sq Ft
05/30/2025 05/30/25 For Sale $1,800,000 +26.3% $320 / Sq Ft
12/28/2018 12/28/18 Sold $1,425,000 -5.0% $254 / Sq Ft
11/08/2018 11/08/18 Pending -- -- --
11/07/2018 11/07/18 For Sale $1,500,000 -- $267 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25119332

California Regional Multiple Listing Service (CRMLS)