5164 S Halldale Avenue

Description

5164 S Halldale Ave is a well-maintained 4-unit multifamilyasset consisting of two side-by-side duplexes on a single lot,each offering convenient on-site parking and a thoughtfullydesigned layout. All four units are fully renovated 1-Bed/1-Bathapartments featuring modern finishes, updated kitchens andbathrooms, upgraded electrical and plumbing systems, andefficient layouts that maximize livability. These improvementssignificantly reduce deferred maintenance for the next ownerwhile enhancing long-term tenant desirability. One unit will bedelivered vacant at close, creating immediate upside for lease-up or an ideal opportunity for an owner-user. The propertycurrently operates at a strong 5.67% cap rate and a 12.63 GRM,providing a rare combination of healthy in-place income andfuture value-add potential. With tenants responsible for trash,gas, and electricity, operating expenses remain low, leaving thelandlord responsible only for water and allowing for efficientmanagement. Ideally positioned in the heart of the VermontSquare neighborhood, the property benefits from a centrallocation near USC, Downtown Los Angeles, Exposition Park, andnumerous employment hubs. Residents enjoy proximity to majortransit corridors, retail amenities, and community services. Withits strong fundamentals, renovated interiors, and strategiclocation, 5164 S Halldale Ave presents a rare opportunity toacquire a stabilized, turnkey asset with excellent short-termperformance and long-term appreciation potential.