3987 Dalton Ave, Los Angeles, CA 90062

About this property

Net Operating Income $190k+! Nearly 6-CAP on Existing Income! 3987 Dalton, a new four-plex (built 2023), offers townhome-style living. Each of the 1,650 sq ft units boasts four private suites with bathrooms plus a guest powder room. The property includes a gated driveway with over seven parking spaces. The homes are equipped with high-end finishes, including wood-laminate floors, high ceilings with recessed lighting, quartz countertops, custom cabinetry, and stainless-steel appliances, including washers and dryers. Enhanced with split A/C systems and views of the DTLA skyline, these townhomes redefine luxury living in Los Angeles. Landlord is only responsible for property taxes and insurance.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$2,900,000

Sold July 2024 · listed $3,150,000, orig. $3,300,000, on market February 2024 · MLS #24362993 · Source: CRMLS

Listing Agent: Brian Lane · Listing Office: Madison Residential Realty, Inc. · Contact: 310-820-5959 · Bought with: Brian Lane · Madison Residential Realty, Inc.

$720,000

Sold May 2021 · listed $589,000, on market January 2021 · MLS #21686614 · Source: CRMLS

Listing Agent: Mallorie Brown · Listing Office: West Shores Realty, Inc. · Contact: 310-541-8000 · Bought with: Wanying Zhang · JC Pacific Capital Inc.

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