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Key Details
Sold Price $2,300,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 8,157 sqft
Price per Sqft $281
MLS Listing ID 20658602
Sold Date 07/02/21
HOA Y/N No
Year Built 1964
Lot Size 7,405 Sqft
Acres 0.17
Property Description
PRICE REDUCED $200K! We are proud to present to market "Westside 9", a value-add multifamily investment property housing nine bright and open units situated on a large 7,600 SF LAR3 zoned lot and priced at a Proforma 8.7GRM. Composed of four, 2-bedroom, 1.5-bath townhouse style units, three, 1-bedroom, 1-bath units, one studio unit, and one, 3-bedroom, 1.5-bath unit offering an ideal mix for the submarket. Located in the heart of this burgeoning Westside housing community and adjacent to the tech commercial corridor, known today as Silicon Beach, the units on 5022 S Slauson Ave, are near to many of the most prominent tech companies in the nation. This property is attractively priced at only $296 per square foot and $266,000 per unit! Current rents are significantly below market, allowing a new owner to capitalize on future vacancies.
Location
State CA
County Los Angeles
Area C28 - Culver City
Zoning LAR3
Interior
Fireplace No
Exterior
Garage Carport
Parking Type Carport
Building
Story 2
Others
Senior Community No
Tax ID 4217028005
Special Listing Condition Standard
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Bought with Alexander Metaxas • Realty Investment Advisors, Inc.
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