5022 S Slauson Ave, Culver City, CA 90230
- $2,300,000
- 14
- BD
- 11
- BA
- 8,157
- SqFt
- Sold Price
- $2,300,000
- List Price
- $2,395,000
- Closing Date
- Jul 02, 2021
- MLS#
- 20-658602
- Status
- SOLD
- Type
- Multifamily
- Bedrooms
- 14
- Bathrooms
- 11
- Living Area
- 8,157
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.
Additional Information
- Year Built
- 1964
- Garage
- Carport
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Courtesy of RE/MAX ESTATE PROPERTIES, Casey Lins. Selling Office: .
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