0.26 Acres Lot
0.26 Acres Lot
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26003299
HOA Y/N No
Year Built 1981
Lot Size 0.257 Acres
Property Sub-Type Mixed Use
Property Description
The asset also presents meaningful upside potential, with projected market performance reaching a 7.63% CAP rate and 8.82 market GRM through rental optimization. This combination of stable existing income and value-add opportunity positions the property well for both long-term hold and yield-focused investors.
Located in the Van Ness neighborhood of South Los Angeles, west of South Central and northeast of Inglewood, the property benefits from a central infill location with proximity to major employment centers, transportation corridors, and continued investment activity throughout the surrounding submarkets. 2204 Slauson Avenue offers investors a rare opportunity to acquire scale, cash flow, and upside at a compelling cost basis in a supply-constrained rental market.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Interior
Fireplace No
Laundry Common Area
Exterior
Pool None
Community Features Biking
Total Parking Spaces 13
Private Pool No
Building
Lot Description 16-20 Units/Acre
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 4005026036
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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