Price Reduction
Address
5022 S Slauson Avenue Culver City, CA
Price
$ 2,395,000
Property Attributes
- MLS#20658602
- TypeContingent
- CountyLOS ANGELES
- CityCulver City
- AreaCulver City
- Zip90230
- Style
- Price$ 2,395,000
- Bedrooms9
- Full Bathrooms9
- Half Bathrooms0
- Lot Size7,405 SqFt
Listing Provided Courtesy Of:
Casey Lins with RE/MAX ESTATE PROPERTIES
Data Source:
CLAW
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.
| Price History | |
|---|---|
| 11/11/2020 | Listed $2,595,000 |
| 1/13/2021 | 4% - $2,495,000 |
| 3/24/2021 | 5% - $2,395,000 |
General Features
| Carport Y/N | Yes |
|---|---|
| MLS Area | C28 - Culver City |
| Parking Features | Carport |
| Property Type | Residential Income |
| Total Units | 9 |
| Zoning | LAR3 |
Exterior Features
| Lot Size Acres | 0.17 |
|---|---|
| Lot Size Area | 7600 |
| Lot Size Square Feet | 7600 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90230
Price
Visits
Year Built
Walkscore
The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
