8417 S Halldale Ave - Apartments FOR SALE


Los Angeles, CA 90047
$1,888,000 USD
310-836-3638
8417 S Halldale Ave, Los Angeles, CA for Sale
$1,888,000 USD
Apartments - FOR SALE
1/15
null | 6.77% Cap Rate

8417 S Halldale Ave
Los Angeles, CA 90047


HIGHLIGHTS

  • **Flexible Opportunity** - Ideal for owner-occupy or pure investment.
  • **Income Potential** - 6 units with strong financials—6.77% Cap Rate, 10.53 GRM.
  • **Privacy and Upgrades** - Three separate buildings with enhanced tenant privacy, featuring five upgraded units and two brand-new ADUs.
  • **Strategic Location** - Just 10 minutes from SoFi Stadium, near major development hubs.
  • **Key Improvements** - New roofs on ADUs, electrical rewiring in five units, and upgraded plumbing (copper and PEX).

OVERVIEW

Located at 8417 S Halldale Ave, this 6-unit property offers a compelling combination of investment returns and owner-occupy potential in a rapidly transforming neighborhood. The property is strategically positioned just 10 minutes from the SoFi Stadium Complex, Hollywood Park, and the upcoming Intuit Dome, placing it in the heart of one of Los Angeles' most dynamic redevelopment zones. These large-scale projects are driving significant economic growth, increasing demand for housing, and boosting long-term property values in the area. With three separate buildings providing enhanced tenant privacy, the property features 3 upgraded units, including two brand-new ADUs with new roofs. Unit mix includes 1 (1+1) that could potentially be converted into a 2 bedroom, 4 (2+1) and 1 vacant 2+1. Recent improvements, such as electrical rewiring in five units and a mix of copper and PEX plumbing upgrades, further add to its appeal. Financial highlights include a 6.77% Cap Rate, 10.53 GRM, and projected 18.18% IRR, with upside potential to achieve a 7.72% Cap Rate. Convenience is another key asset, with a 78 Walk Score and 55 Transit Score, and easy access to retail, dining, and entertainment hubs. For investors, the mix of strong current returns and significant future appreciation potential makes this property a must-see opportunity. Whether you’re looking to diversify your portfolio or find a hybrid investment-home solution, 8417 S Halldale Ave delivers exceptional versatility and value in an evolving, high-demand neighborhood. **Contact Kelly Morgan Commercial Group for more information (310) 836-3638 or Kelly@KellyMorganCommercial.com** *Disclaimer: The attached information and figures are projections provided solely for conceptual marketing purposes and must be verified by the prospective purchasers. Neither the Seller, KW Commercial, Kelly Morgan, their team, nor any related employees or independent contractors warrant their accuracy. Prospective purchasers should conduct their own due diligence and are advised to conduct a thorough investigation including consulting with the appropriate professionals regarding all relevant details, facts, and projections, including the ability to make any potential improvements or build an ADU on the property in question.

FOR SALE DETAILS

PRICE

$1,888,000 USD

PRICE/SF

$460 USD /SF

# OF UNITS

6

PRICE/UNIT

$314,667

CAP RATE

6.77%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

6.77% Cap Rate, 10.53 GRM.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1930

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,775 SF

ZONING

-

APN/PARCEL ID

6034-022-013

ASK ABOUT THIS PROPERTY

Kelly MorganKelly Morgan Commercial GroupMore Info
310-836-3638

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Kelly MorganKelly Morgan Commercial GroupMore Info
310-836-3638

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.