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16720 S Dalton Ave
Gardena, CA 90247

$1,998,000 USD

Apartments For Sale  •  4,494 SF

Property Details

  • Property Type Apartments
  • Total Building Size 4,494 SF
  • Lot Size 0.17 AC
  • Building Class B
  • Year Built 1988
  • Cap Rate 5.09 %
  • Zoning GAR3
40 Transit Score
80 Walk Score

Highlights

5.09% Cap Rate Projected for 7/2025
100% Leased 5-Unit Apartment with No Rent Control
Two Month-to-Month Units: Raise Rents to Market Value!
$89,863 Actual NOI | 4.5% Actual Cap Rate
1/4-Mile East of Western Avenue and 1/2-Mile North of the Artesia (91) Freeway

Property Flyers

Financial Summary (Proforma)

Net Operating Income: $101,633 USD (2024)
Cap Rate: 5.09 %
Total Expenses: $43,543 USD

Amenities

  • Laundry Facilities

Public Transportation

AirportDriveWalkDistance
Los Angeles International 17 min - 11.0 mi
Long Beach (Daugherty Field) 17 min - 11.2 mi
Bob Hope 41 min - 30.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Tony Kim 213-878-2626 Major Properties
Tony Kim 213-878-2626 Major Properties