$ 4,250,000
-
$4,250,000
Price -
1
Bed -
2
Bath -
6,050
SqFt
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About the Listing sb1310620 - SBLYONBRE,PWSTAWOO
Offered at an attractive basis of approximately $265,000 per unit, 2204 Slauson Avenue presents a compelling 16-unit multifamily investment opportunity in South Los Angeles. The property features a well-balanced unit mix of (6) Studio units and (10) One-Bedroom/One-Bathroom units, providing broad tenant appeal and consistent demand. Current in-place income delivers a strong 5.73% CAP rate and 11.24 GRM, offering immediate cash flow with room for future growth. The asset also presents meaningful upside potential, with projected market performance reaching a 6.36% CAP rate and 10.27 market GRM through rental optimization. This combination of stable existing income and value-add opportunity positions the property well for both long-term hold and yield-focused investors. Located in the Van Ness neighborhood of South Los Angeles, west of South Central and northeast of Inglewood, the property benefits from a central infill location with proximity to major employment centers, transportation corridors, and continued investment activity throughout the surrounding submarkets. 2204 Slauson Avenue offers investors a rare opportunity to acquire scale, cash flow, and upside at a compelling cost basis in a supply-constrained rental market.
Listing Highlights
Interior Details
- Bedrooms: 1
- Bathrooms: 2 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 16-20 Units/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 13
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 4005026036
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
2204 W Slauson Los Angeles, CA 90043
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