5-year Master Lease for all units! Net Operating Income $190k+! Nearly 6-CAP on Existing Income! 3987 Dalton, a new four-plex near USC (built 2023), offers townhome-style living 1.5 miles from campus. Each of the 1,650 sq ft units boasts four private suites with bathrooms, plus a guest powder room, ideal for students or shared housing. The property includes a gated driveway with over seven parking spaces. The homes are equipped with high-end finishes, including wood-laminate floors, high ceilings with recessed lighting, quartz countertops, custom cabinetry, and stainless-steel appliances, including washers and dryers. Enhanced with split A/C systems and views of the DTLA skyline, these townhomes redefine luxury living in Los Angeles. Landlord is only responsible for property taxes and insurance.
This property is $2.1M more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24362993
Listing Office:
Office Name: Madison Residential Realty, Inc.
Office Phone: (310) 820-5959
Listing Agent: Brian Lane
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 5/4/2024, 6:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
May 05, 2021
May 05, 2021Home Sold
$720,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$3,177
$245,996
2020
$3,087
$243,475
2019
$3,015
$238,702
2018
$2,954
$234,023
2017
$2,954
$229,436
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
3
/10
Martin Luther King Jr. Elementary School
3989 S Hobart Blvd
Distance between this listing and this school0.26 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school5.57 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.55 miles
Public Magnet Grades KG-5
Middle School
2
/10
Barack Obama Global Preparation Academy
1700 W 46th St
Distance between this listing and this school0.78 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.50 miles
Public District Grades 6-8
High School
5
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.56 miles
Public District Grades KG-12
2
/10
Manual Arts Senior High School
4131 S Vermont Ave
Distance between this listing and this school0.65 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.56 miles
Public Magnet Grades 9-12
Assigned Schools
3
/10
Martin Luther King Jr. Elementary School
3989 S Hobart Blvd
Distance between this listing and this school0.26 miles
Public District Grades KG-5
8
/10
Melrose Avenue Elementary School
731 N Detroit St
Distance between this listing and this school5.57 miles
Public Magnet Grades KG-6
6
/10
Point Fermin Elementary School
3333 S Kerckhoff Ave
Distance between this listing and this school20.55 miles
Public Magnet Grades KG-5
Assigned Schools
2
/10
Barack Obama Global Preparation Academy
1700 W 46th St
Distance between this listing and this school0.78 miles
Public District Grades 6-8
4
/10
Studio
2211 W Avenue 30
Distance between this listing and this school7.50 miles
Public District Grades 6-8
Nearby Schools
6
/10
Kipp Scholar Academy
1729 West Mlk Jr. Blvd
Distance between this listing and this school0.35 miles
Public Charter Grades 5-8
Assigned Schools
5
/10
Foshay Learning Center
3751 S Harvard Blvd
Distance between this listing and this school0.56 miles
Public District Grades KG-12
2
/10
Manual Arts Senior High School
4131 S Vermont Ave
Distance between this listing and this school0.65 miles
Public Magnet Grades 9-12
8
/10
Math, Science, & Technology Magnet Academy at Roosevelt High School
456 S Mathews St
Distance between this listing and this school5.56 miles
The neighbors living near this home have an average income of $38,309. Most Los Angeles, CA residents have annual incomes between $35k-100k. Typical family type is single, no kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 3987 Dalton Ave
What is the listing price of this property?
The listing price of 3987 Dalton Ave property is $3,150,000.
What type of property is this?
The property 3987 Dalton Ave is a house located in Los Angeles, California, 90062.
Is this property for sale now?
Active Listing: 3987 Dalton Ave is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 3987 Dalton Ave are: Martin Luther King Jr. Elementary School: GreatSchools Rating 3/10Melrose Avenue Elementary School: GreatSchools Rating 8/10Point Fermin Elementary School: GreatSchools Rating 6/10Barack Obama Global Preparation Academy: GreatSchools Rating 2/10Studio: GreatSchools Rating 4/10Foshay Learning Center: GreatSchools Rating 5/10Manual Arts Senior High School: GreatSchools Rating 2/10Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $3,177 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on May 5, 2021 for $720,000. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 3987 Dalton Ave has 16 bedrooms and 20 bathrooms.
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This home is located at 3987 Dalton Ave in Los Angeles, CA and zip code 90062 in the South LA neighborhood. This home sits on a 0.16 acre lot. Features: 16 bedrooms, 20 bathrooms. It has been listed on Rocket Homes since March 06, 2024 and is currently priced at $3,150,000.
Over 701 listings were sold over their listed price in April 2024 in Los Angeles, CA. In the same period over 629 listings were sold below the listed price and 204 listings were sold for the listed price. Between March 2024 and April 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 14.9%. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.
From Rocket Homes Real Estate and based on county public records data.