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
AVG $940K
$2.4M
Visits
AVG 22
29
Year Built
AVG 1962
1964
Walkscore
AVG 65
57
Data Provided by Walkscore ® not using MLS data

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