2312 W Slauson Avenue
Los Angeles, CA 90043
0.06 acres | #SB24240319
Description
Priced to sell, this charming 4-unit complex in Park Mesa Heights will be delivered VACANT! This investment offers an excellent opportunity with a strong 9.5 GRM and a 9% CAP Rate based on current market rental values/actuals. The property includes three one-bedroom units with separate kitchens and one bachelor unit, providing reliable cash flow. Various recent upgrades to these units including exterior and interior enhance the property's appeal, while three out of the four units come with designated parking spaces. Very rare to have all units delivered vacant allowing for maximum rental value. This property offers low operating costs, easy self-management, and significant upside potential. The area is undergoing continuous redevelopment, and with a total annual income close to 100K based on current Performa rents, this property presents a solid investment with great future growth.
Property Details
- Property TypeMulti-Family
- Sewer InformationPublicSewer
- CountyLos Angeles
- MLS #SB24240319
- Property SubtypeQuadruplex
- MLS #SB24240319
- Original List Price$899,000
- Acres0.0574
- Utility SourcePublic
- Cost899000
- Lot DescriptionPaved
- Year Built1955
- Stories1
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Tom Royds (#SROYDTOM)
Listing Office: Redfin Corporation (#sb1293130)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.