UPDATED:
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB25262470
HOA Y/N No
Year Built 1925
Lot Size 5,980 Sqft
Property Sub-Type Quadruplex
Property Description
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 5.90% cap rate and a 12.25 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 strong fundamentals, renovated interiors, and strategic
location, 5164 S Halldale Ave presents a rare opportunity to
acquire a stabilized, turnkey asset with excellent short-term
performance and long-term appreciation potential.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Interior
Fireplace No
Laundry None
Exterior
Pool None
Community Features Biking, Park, Sidewalks
Total Parking Spaces 4
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 5003008017
Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Fannie Mae
Listing Terms Cash, Cash to New Loan, Conventional, FHA, Fannie Mae
Special Listing Condition Standard
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
4465 Willshire Blvd. Ste. 104, Los Angeles, California, 90068, USA