2312 W Slauson Avenue
Los Angeles, CA 90043
Active for $899,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 2,499 sqft
MLS | SB24240319 |
Year Built | 1955 |
Property Type | Quadruplex |
County | Los Angeles |
Status | Active |
Active | $899,000 |
Structure Size | N/A sqft |
Lot Size | 2,499 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Tom Royds, Redfin Corporation 310-738-1125. *Based on information from the Association of REALTORS/Multiple Listing as of 01/09/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.