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.
DAYS ON MARKET
|
234
|
LAST UPDATED
|
7/6/2021
|
YEAR BUILT
|
1964
|
COMMUNITY
|
Culver City
|
COUNTY
|
Los Angeles
|
STATUS
|
Sold
|
PROPERTY TYPE(S)
|
Residential Income
|
|
|
Prior to Jan 13, '21
|
$2,595,000
|
Jan 13, '21 - Mar 24, '21 |
$2,495,000
|
Mar 24, '21 - Today |
$2,395,000 |
AREA |
Culver City |
GARAGE |
Carport |
LOT |
7600 sq ft |
PARKING |
Carport |
STORIES |
2 |
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Listed with RE/MAX ESTATE PROPERTIES
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Based on information from California Regional Multiple Listing Service, Inc. as of 4/26/24 5:48 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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