3738 W SLAUSON AVE, Los Angeles, CA 90043 | Closed

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Off-Market Call for Pricing

Call for Pricing
  • (0)
  • Beds
  • Baths
  • 4,000 Sq Ft
  • 8,250 Sq Ft

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

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Amenities

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

Income

Rental Units


The income description goes here to explain

Expenses

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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© 2021 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of March 7, 2018 4:38 PM PT The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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