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Listed by Aaron Jacobson • Lyon Stahl Investment Real Estate, Inc.
$ 1,039,000
Est. payment /mo
Active
5164 Halldale Avenue Los Angeles, CA 90062
2,130 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,130 sqft
Price per Sqft $487
MLS Listing ID CRSB25262470
HOA Y/N No
Year Built 1925
Lot Size 5,981 Sqft
Property Sub-Type Quadruplex
Source Datashare California Regional
Property Description
5164 S Halldale Ave is a well-maintained 4-unit multifamily asset consisting of two side-by-side duplexes on a single lot, each offering convenient on-site parking and a thoughtfully designed layout. All four units are fully renovated 1-Bed/1-Bath apartments featuring modern finishes, updated kitchens and bathrooms, upgraded electrical and plumbing systems, and efficient layouts that maximize livability. These improvements significantly reduce deferred maintenance for the next owner while enhancing long-term tenant desirability. One unit will be delivered vacant at close, creating immediate upside for lease- up or an ideal opportunity for an owner-user. The property currently operates at a strong 5.67% cap rate and a 12.63 GRM, providing a rare combination of healthy in-place income and future value-add potential. With tenants responsible for trash, gas, and electricity, operating expenses remain low, leaving the landlord responsible only for water and allowing for efficient management. Ideally positioned in the heart of the Vermont Square neighborhood, the property benefits from a central location near USC, Downtown Los Angeles, Exposition Park, and numerous employment hubs. Residents enjoy proximity to major transit corridors, retail amenities, and community services. With its
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry No Hookups
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