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    2627 Halldale Ave

    Los Angeles, CA 90018
    • $1,949,000
    • STATUS: Active
    • ON SITE: 53 days
    • MLS #: 21-725702
    Price Reduced
    UPDATED: 70 min ago
    $1,949,000
    • 8
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,195
      SQFT
    • $375
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1959
    County:

    School Ratings & Info

    Description

    2627 Halldale Avenue is a beautifully reimagined and fully stabilized 7 unit property located in the heart of the hot West Adams neighborhood of Los Angeles. The property consists of a triplex and adjoining fourplex with a total of six 1+1s and one 2+1. All units have been completely renovated and feature new stainless steel appliances, refinished hardwood flooring, and tons of early 20th century charm. Both structures on the property recently had new roofs installed and all units are individually metered for gas and electricity. The property is extremely well located, central to major employment, transportation, and points of interest alike. 2627 Halldale Ave is a mere 1.6 miles from the main University of Southern California campus, LA Memorial Coliseum, and the upcoming George Lucas Museum. Residents will enjoy a 2 minute walk to Loren Miller Recreation Center, a 2 minute drive to the nearest I-10 freeway on-ramp, and a 6 minute bike ride to the nearest light rail station at Exposition/Western. Additionally, the property sits just 4.3 miles from Downtown Los Angeles. This is an excellent opportunity to acquire an economic hedge and reliable cash flow.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-22T12:42:54.713. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.searchdesertrealestate.com/homes/116613147
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    2627 Halldale Ave Los Angeles, CA 90018

    • Price: $1,949,000
    • Status: Active
    • Updated: 70 min ago
    • MLS #: 21-725702
    8
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    5,195
    SQFT
    $375
    $/SQFT
    1959
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    2627 Halldale Avenue is a beautifully reimagined and fully stabilized 7 unit property located in the heart of the hot West Adams neighborhood of Los Angeles. The property consists of a triplex and adjoining fourplex with a total of six 1+1s and one 2+1. All units have been completely renovated and feature new stainless steel appliances, refinished hardwood flooring, and tons of early 20th century charm. Both structures on the property recently had new roofs installed and all units are individually metered for gas and electricity. The property is extremely well located, central to major employment, transportation, and points of interest alike. 2627 Halldale Ave is a mere 1.6 miles from the main University of Southern California campus, LA Memorial Coliseum, and the upcoming George Lucas Museum. Residents will enjoy a 2 minute walk to Loren Miller Recreation Center, a 2 minute drive to the nearest I-10 freeway on-ramp, and a 6 minute bike ride to the nearest light rail station at Exposition/Western. Additionally, the property sits just 4.3 miles from Downtown Los Angeles. This is an excellent opportunity to acquire an economic hedge and reliable cash flow.
    Exterior Features

    Direction Faces East Lot Size Area 7399 Other Structures None Parking Garage AssignedDrivewaySide By SideUncovered Paved YN Yes Style Craftsman Total Parking 7 View Description City View YN Yes Water Frontage None

    Interior Features

    Baths Total 7.00 Cooling None Equipment Built-InsCeiling FanDishwasherDryerGarbage DisposalHood FanRange/OvenRefrigeratorWasher Flooring HardwoodTile Heating Wall GasGravity Laundry Community

    Property Features

    Alley YN Yes Assessed Total Value 1066410 Gross Income 153840 Gross Operating Income 149965 Like Units1 6 Like Units2 1 Net Operating Income 106353.00 Number Of Buildings 2 Number Of Units 7 Owner Pays WaterGardener Property Condition Updated/RemodeledRepair CosmeticRepairs Major Rent Control YN Yes Sale Type Standard Security Features Carbon Monoxide Detector(S)Exterior Security LightsSmoke Detector Sewer In Street Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays GasElectricity Total Annual Expense 43612 Type Of Units Apartments Water In Street Water Heaters YN Yes Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Nathan Richards DRE# of Nathan Richards.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2021-06-22T12:42:54.713. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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