2312 W Slauson Ave Los Angeles, CA 90043
Hyde Park NeighborhoodEstimated payment $5,885/month
Total Views
167,324
3
Beds
2
Baths
2,312
Sq Ft
$389
Price per Sq Ft
Highlights
- No Units Above
- 1-Story Property
- 3-minute walk to Van Ness Recreation Center
- Paved or Partially Paved Lot
About This Home
Priced to sell, this charming 4-unit complex in Park Mesa Heights! This investment offers an excellent opportunity with a strong 9.5 GRM and a 9% CAP Rate based on current market rental values/actuals. The property includes three one-bedroom units with separate kitchens and one bachelor unit, providing reliable cash flow. Various recent upgrades to these units including exterior and interior enhance the property's appeal, while three out of the four units come with designated parking spaces. Very rare to have all units delivered vacant allowing for maximum rental value. This property offers low operating costs, easy self-management, and significant upside potential. The area is undergoing continuous redevelopment, and with a total annual income close to 100K based on current Performa rents, this property presents a solid investment with great future growth.
Listing Agent
Tom Royds
Redfin Corporation Brokerage Phone: 310-738-1125 License #00949407
Co-Listing Agent
Joe Royds
Redfin Corporation Brokerage Phone: 310-738-1125 License #01934538
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,405
Year Built
- Built in 1955
Lot Details
- 2,499 Sq Ft Lot
- No Units Above
- No Units Located Below
- Two or More Common Walls
- Paved or Partially Paved Lot
Home Design
- Quadruplex
Interior Spaces
- 2,312 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Assigned Parking
Location
- Urban Location
Listing and Financial Details
- Legal Lot and Block 4 / 3
- Tax Tract Number 5347
- Assessor Parcel Number 4005025004
- $369 per year additional tax assessments
Community Details
Overview
- 4 Units
Building Details
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Gross Income $8,200
- Net Operating Income $85,400
Map
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,405 | $836,400 | $334,560 | $501,840 |
| 2023 | $10,210 | $820,000 | $328,000 | $492,000 |
| 2022 | $6,200 | $500,000 | $200,000 | $300,000 |
| 2021 | $738 | $32,784 | $8,124 | $24,660 |
| 2020 | $739 | $32,889 | $8,041 | $24,848 |
| 2019 | $723 | $32,254 | $7,884 | $24,370 |
| 2018 | $679 | $31,631 | $7,730 | $23,901 |
| 2016 | $628 | $29,981 | $7,431 | $22,550 |
| 2015 | $623 | $29,532 | $7,320 | $22,212 |
| 2014 | $655 | $28,954 | $7,177 | $21,777 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/27/2024 12/27/24 | For Sale | $899,000 | +79.8% | $389 / Sq Ft |
| 10/06/2021 10/06/21 | Sold | $500,000 | -20.0% | $216 / Sq Ft |
| 08/05/2021 08/05/21 | Pending | -- | -- | -- |
| 07/26/2021 07/26/21 | Price Changed | $625,000 | -10.1% | $270 / Sq Ft |
| 05/03/2021 05/03/21 | For Sale | $695,000 | -- | $301 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | Chicago Title | |
| Grant Deed | -- | Chicago Title | |
| Interfamily Deed Transfer | -- | Western Resources Title | |
| Grant Deed | $500,000 | Western Resources Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Gateway Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $412,500 | New Conventional | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $25,000 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $252,000 | Unknown | |
| Previous Owner | $184,450 | Purchase Money Mortgage | |
| Previous Owner | $138,420 | Unknown | |
| Previous Owner | $108,750 | Unknown |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB24240319
APN: 4005-025-004
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. 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
Nearby Homes
- 5814 Arlington Ave
- 5835 Arlington Ave
- 5806 3rd Ave
- 5819 4th Ave Unit 3
- 5717 4th Ave
- 5938 2nd Ave
- 5923 Haas Ave
- 5737 5th Ave
- 5955 S Van Ness Ave
- 5743 S Wilton Place
- 5918 5th Ave
- 5512 S Van Ness Ave
- 5424 S Van Ness Ave
- 5455 5th Ave
- 5442 6th Ave
- 6010 5th Ave
- 5822 Madden Ave
- 5846 Madden Ave
- 5314 2nd Ave
- 5306 Cimarron St