Search
2617 Halldale Ave, Los Angeles, CA 90018
Image 2 for 2617 Halldale Ave, Los Angeles, CA 90018
Image 3 for 2617 Halldale Ave, Los Angeles, CA 90018
View Photos

2617 Halldale Ave Los Angeles, CA 90018

$1,695,000
  • 8 Beds
  • 9 Baths
  • 4,724 Sq.Ft.
For Sale
$1,695,000 Get Pre-Qualified
Map preview of 2617 Halldale Ave, Los Angeles, CA 90018

Property Overview: 2617 Halldale Ave Los Angeles, CA has 8 bedrooms, 9 bathrooms, 4,724 living square feet and 7,402 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Discover this well-maintained 9-unit property located in the desirable West Adams area. Situated on a large 7,402 SF lot, this property offers a total of 4,724 SF of living space, featuring a strong unit mix of (2) 2-bed/1-bath units, (4) 1-bed/1-bath units, and (3) studio units. Priced competitively with a 3.98% CAP rate and a 14.99 GRM on current rents, this property also presents significant upside potential with 71% rental upside and a market CAP of 8.46%. Located in a prime West Adams location, with easy access to Downtown, West Hollywood, Century City, and Culver City, this property represents an outstanding investment opportunity in a growing market with long-term appreciation potential.

Listed by Brett Lyon | BRE #01717818 | Lyon Stahl Investment Real Estate, Inc.
Co-listed by Woody Stahl | BRE #01399621 | Lyon Stahl Investment Real Est
Last checked: 13 minutes ago | Last updated: September 9th, 2024 | Source CRMLS | DOM: 9

Home details

Lot Sq. Ft
7,402
HOA Dues
$0/mo
Year built
1904
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
SB24187003
City
Los Angeles
County
Los Angeles
Time on Site
9 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 9
  • Total # of Buildings: 1
  • # of Electric Meters: 9
  • # of Gas Meters: 9
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,650
  • Total Rent: $1,650
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,352
  • Total Rent: $1,352
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $839
  • Total Rent: $839
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $808
  • Total Rent: $808
  • Pro Forma/Market Rent: $2,500
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $984
  • Total Rent: $984
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $790
  • Total Rent: $790
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $882
  • Total Rent: $882
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $990
  • Total Rent: $990
  • Pro Forma/Market Rent: $1,300
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,131
  • Total Rent: $1,131
  • Pro Forma/Market Rent: $2,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 3.98%
  • Gross Rent Multiplier: 14.99
  • Gross Scheduled Income: $113,112
  • Net Operating Income: $67,380
  • Gross Operating Income: $109,719
  • Vacancy Allowance: $3,393
Annual Expense Breakdown
  • Total Operating Expense: $42,339
  • New Taxes: $21,422
  • Trash: $0
  • Gardener: $1,200
  • Insurance: $5,905
  • Maintenance: $5,656
  • Professional Management: $5,656
  • Water/Sewer: $0
  • Other Expenses: $2,500
  • Other Expense Description: Utility

Open Houses for 2617 Halldale Ave

No upcoming open houses

Schedule Tour

Property Details for 2617 Halldale Ave

Interior Features
Laundry Information
  • No Laundry
  • None
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 9
Lot Information
  • Lot Features: 6-10 Units/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 9
  • Parcel Number: 5053027018
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: On S Halldale Ave
Neighborhood Information
  • Community Features: Biking
View more facts & features

Local Los Angeles Agent

Sale History for 2617 Halldale Ave

Last sold on October 12th, 2001

  • September, 2024

  • Sep 9, 2024

    Date

    Active

    CRMLS: SB24187003

    $1,695,000

    Price

  • October, 2001

  • Oct 12, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • December, 1985

  • Dec 5, 1985

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2617 Halldale Ave

Assessed Value (2020): $316,803
Year Land Value Improved Value Assessed Value
2020 $152,936 $163,867 $316,803

Home Value Compared to the Market

This property vs the competition

2617 Halldale Ave is listed 41.25% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $358.81 per/sqft which puts the price per square foot 53.28% lower than the median price per square foot for the city of Los Angeles.

About 2617 Halldale Ave

Detailed summary of property

2617 Halldale Ave is a mixed use located in Los Angeles, CA 90018 and is currently for sale. This mixed use property offers 8 bedrooms, 9 bathrooms, roughly 4,724 living square feet, and sits on an approximately 7,402 square foot lot. 2617 Halldale Ave was first listed on ArdentRealEstateGroup.com on September 9, 2024. The homeowner is currently asking $1,695,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 41.25% higher than the median priced home. Local competing homes currently for sale include 7014 S Vermont Ave, 1645 Vine St #1008 and 424 Bamboo Ln. While the average home in Los Angeles, CA is selling in 106 days, 2617 Halldale Ave has a days on market of 9 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 2617 Halldale Ave Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2617 Halldale Ave

Public county record property details
Beds
9
Baths
9
Year built
1904
Sq. Ft.
4,724
Lot Size
7,399
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5053-027-018

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

Tour This Home

Image Description
Contact Jon
Los Angeles Agent
Call, Text or Message
(714) 706-1823

Homes for Sale Near 2617 Halldale Ave

Nearby Homes for Sale

2643 S Budlong Ave, Los Angeles, CA 90007
$1,850,000
8 Beds
8 Baths
4688 Sq.Ft.
2643 S Budlong Ave
Los Angeles, CA 90007
1400 S Wilton Pl, Los Angeles, CA 90019
$1,900,000
18 Beds
9 Baths
10610 Sq.Ft.
1400 S Wilton Pl
Los Angeles, CA 90019
1418 Orchard Ave, Los Angeles, CA 90006
$1,450,000
7 Beds
5 Baths
4569 Sq.Ft.
1418 Orchard Ave
Los Angeles, CA 90006
4315 W Pico Blvd, Los Angeles, CA 90019
$1,950,000
6 Beds
3 Baths
5400 Sq.Ft.
4315 W Pico Blvd
Los Angeles, CA 90019
229 S Catalina St, Los Angeles, CA 90004
$1,600,000
8 Beds
4 Baths
5920 Sq.Ft.
229 S Catalina St
Los Angeles, CA 90004
508 N Ardmore Ave, Los Angeles, CA 90004
$1,750,000
11 Beds
6 Baths
4103 Sq.Ft.
508 N Ardmore Ave
Los Angeles, CA 90004
5008 Rosewood Ave, Los Angeles, CA 90004
$1,945,000
6 Beds
6 Baths
4409 Sq.Ft.
5008 Rosewood Ave
Los Angeles, CA 90004
4600 S Central Ave, Los Angeles, CA 90011
$1,400,000
8 Beds
3 Baths
5010 Sq.Ft.
4600 S Central Ave
Los Angeles, CA 90011

Recently Sold Homes Near 2617 Halldale Ave

1415 W 35th Pl, Los Angeles, CA 90018
$1,250,000 Last Sold Price
5 Beds
3 Baths
2406 Sq.Ft.
1415 W 35th Pl
Los Angeles, CA 90018
1408 W Jefferson Blvd, Los Angeles, CA 90007
$1,500,000 Last Sold Price
3 Beds
2 Baths
1561 Sq.Ft.
1408 W Jefferson Blvd
Los Angeles, CA 90007
1317 W Jefferson Blvd, Los Angeles, CA 90007
$1,225,000 Last Sold Price
3 Beds
2 Baths
1963 Sq.Ft.
1317 W Jefferson Blvd
Los Angeles, CA 90007
1316 S Mariposa Ave, Los Angeles, CA 90006
$3,160,000 Last Sold Price
0 Beds
20 Baths
9840 Sq.Ft.
1316 S Mariposa Ave
Los Angeles, CA 90006

Related Resources to 2617 Halldale Ave

New Listings in 90018
Popular Zip Codes
Popular Cities
Other Los Angeles Resources

Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Call