Priced to sell, this charming 4-unit complex in Park Mesa Heights! 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
Price:
$899,000
MLS #:
SB24240319
Status:
Active
Baths:
0
Address:
2312 W Slauson Avenue
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
phhtparkhillsheights
City:
Los Angeles
Listed Date:
Dec 27, 2024
State:
CA
ZIP:
90043
Lot Size:
2,499 sqft / 0.06 acres (approx)
Year Built:
1955
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Schools
Interior
Exterior
Community Features
Urban
Garage Spaces
0.00
Lot Features
Paved
Parking Features
Assigned
Parking Spots
0.00
Pool Features
None
Sewer
Public Sewer
Stories Total
1
Water Source
Public
Financial
Map
Community
- Address2312 W Slauson Avenue Los Angeles CA
- AreaPHHT – Park Hills Heights
- CityLos Angeles
- CountyLos Angeles
- Zip Code90043
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2312 W Slauson Avenue
Los Angeles, CA
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