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Diego Magdaleno

diego@1visionproperties.com +1(714) 376-8652

$4,250,000

Est. payment - /mo

0.26 Acres Lot

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UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26003299

HOA Y/N No

Year Built 1981

Lot Size 0.257 Acres

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area Phht - Park Hills Heights

Interior

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Biking

Total Parking Spaces 13

Private Pool No

Building

Lot Description 16-20 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 4005026036

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard

Read Less Info

Listed by Brett Lyon Lyon Stahl Investment Real Estate, Inc. 3107801899

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2204 W Slauson Los Angeles, CA 90043