Culver City, CA 90230,5022 S Slauson AVE
Culver City, CA 90230,5022 S Slauson AVE
Culver City, CA 90230,5022 S Slauson AVE
$2,300,000
Est. payment /mo
$2,395,000
4.0%
Est.Price: ?

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8,157 SqFt
SOLD DATE : 07/02/2021

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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California Regional MLS (CRMLS)
Listed by Casey Lins • RE/MAX ESTATE PROPERTIES
Bought with Alexander Metaxas • Realty Investment Advisors, Inc.
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