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3738 W SLAUSON AVE
Off-Market Call for Pricing
Call for Pricing
- 8 Units
- 4,000 Sq Ft
- 8,250 Sq Ft
- 8% Cap Rate
Description
We are pleased to offer this 8 unit non-rent control multifamily investment opportunity, located in the County of LA. The investment is comprised of 5 detached structures on 2 separate parcels. The unit mix consists of (3) singles, (2)1+1, (1)1+1 bungalow, (1) 2+1 bungalow, and (1) 2+1.5 bungalow. Recent building upgrades include interior renovations to 6 of the 8 units with updates to the electrical and plumbing, new laminate wood floors, new tile, new light fixtures, new interior paint, new kitchen cabinets, new counter tops, new hardware, and new bathroom vanities. All six units are rent-ready. Investment highlights include a wrought iron security gate with secured entry, a private courtyard that has recently been landscaped, potential billboard income, an on-site laundry room for additional income, on-site garage parking with three single car garages located at the rear of the property, individual water heaters in each building and is separately metered for both gas & electricity.
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Owner
Do you own or manage this property?
This is my PropertyAmenities
Garage
Outdoor Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Open Floorplan
Great Views
Natural Light
Quiet
Elevator
Balcony
Guest Unit(s)
Furnishings
Property Details
| List Price | $950,000 |
| Property Type | Multi-Family |
| Usable Sqft | 4,000 |
| Number of Stories | 2 |
| Parking Spots | 0 |
| Year Built | 1946 |
| Last Sold | December 18, 2015 |
| Sold Price | 915,000 |
| APN # | Unknown |
| MLS # | 15956505 |
| Property ID | 1352746 |
| Lot Sqft | 8,250 |
| Zoning | LCC2YY |
| Total Units | 8 |
| Applicances | None% |
| Date Updated | December 16, 2018 |
| Date Created | November 05, 2015 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | 2 | 1.5 | $1,500 | $1,500 |
| Unit #2 | 1 | 1.0 | $1,200 | $1,200 |
| Unit #3 | 1 | 1.0 | $1,100 | $1,100 |
| Unit #4 | 1 | 1.0 | $1,100 | $1,100 |
| Unit #5 | 0 | 1.0 | $900 | $900 |
| Unit #6 | 0 | 1.0 | $600 | $900 |
| Unit #7 | 0 | 1.0 | $800 | $900 |
| Unit #8 | 2 | 1.0 | $1,450 | $1,450 |
| Gross Income (Yr) | $ 100,686 |
| Operating Expenses | $ 24,941 |
| Net Income (Yr) | $ 75,745 |
| Cap Rate | 7.97% |
Listing Provided By
Ian Hollinger an agent of BRC Advisors- BH. Lic #01889125
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