3987 Dalton is a new construction townhome complex 1.5 miles from the University of Southern California. Located just north of W. Martin Luther King Jr Blvd, this newly constructed townhome complex is close to the University of Southern California, LA Memorial Coliseum, BMO Stadium, Exposition Park, and an array of fast-casual eateries and daily essentials along Figueroa Blvd. Given the property's proximity to a prestigious university, this new construction opportunity is an ideal co-living or student housing opportunity for a future investor. 3987 Dalton was built in 2023 and features (4) 4-bdrm. and 4.5-bath three-story townhomes that average approx. 1,650 SF each. Equipped with modern condo-quality amenities, each townhome epitomizes luxury Los Angeles apartment living. Unit interiors include wood-laminate flooring, high-ceilings with recessed lighting, large picture windows allowing abundant natural light, quartz countertops, custom cabinetry, stainless-steel appliances, custom bathroom tileworks, and multiple split A/C systems. Please note, select units feature DTLA skyline views. These spacious, modern, and luxurious townhomes are projected to generate approx. $20,000 in gross monthly income. Based on the projected gross income, this turnkey asset is offered at a 5.56% market CAP and 13.13. market GRM.
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