5925 Dauphin Street , Los Angeles, CA - 90034 is For Sale

  • 24471103
  • 24471103
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$997,000· Income property

Description

5925 Dauphin Ave is a charming duplex with a legal triplex designation, located in a serene location along Ballona Creek within the Culver City Arts District. Built in 1953, this property offers a fantastic owner-occupier or investment opportunity with a vacant 2-bedroom unit & strong value-add potential. The property features a total of 1,395 square feet on a 0.11-acre lot, with a desirable unit mix consisting of (1) 1-bedroom/1-bath front unit with a long-term tenant and private side yard, and (1) currently vacant 2-bedroom/2-bath back unit with a large & lush private backyard. A two-car garage at the front of the property provides excellent ADU potential, with additional room at the back of the lot for further development (buyer to verify). The property also offers two uncovered parking spaces in front, as well as access to a City-owned driveway alongside the lot. Situated at the end of a quiet cul-de-sac alongside a creek, this property enjoys a prime Central LA location within the Culver City Arts District and adjacent to West Adams.

Features

MLS#: 24471103
List Price : $997,000
Total Units : 2
CAP rate : $4.39
Gross Operating Income : $52,380
Net Operating Income : $43,755
Sq M : 465 M2
Year Built : 1953
Days on market : 39 Days
Gross taxes : N/A
Address : 5925 Dauphin Street
City : Los Angeles
State : CA
Zip Code : 90034
Neighborhood : N/A
Parking Features : Concrete, Garage
Sale Type : Standard
 
Property Type : Residential Income
Original List Price : $997,000
Acres : 0.115
Lot Size (Acres) : 0.115
Heating : Wall Furnace
Parking Features : Concrete, Garage
Driving Directions : Located just north of Washington Blvd, along Ballona Creek.
 
Courtesy of : Jake Glaser , Lyon Stahl Investment Real Estate, Inc.

Location

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