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Off market

Buy a multi-family propertyat 5034 W Slauson Avenue, Ladera Heights, CA 90056

$2,100,000

$2,315,000 (-9.29%)

$0/mo

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Multifamily

9,459 Sq. Ft. lot

0 Bathrooms

810 Days on market

SB23016611 MLS ID

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About 5034 W Slauson Avenue multi-family property

Extremely rare Triplex in highly sought after Ladera Heights now with fully Approved Plans! This is an investors dream to have a fully vacant income property delivered with approved plans for the remodel. Bring your contractor and start right away on the remodel. Located near the La Cienega corridor this Triplex property contains 3 large units of 1500-2000 sq ft. each. Approved plans call for adding a bedroom and bath to each existing floor-plan without adding square footage. The end result with be Two - 3 bedroom 3 bath units and One - 4 bedroom 3 bath unit, totaling almost 5200 sq ft. Each unit is very open and spacious and have their own two car garage parking. The is a great location close to the freeway for commuter access, or about 10 minutes to LAX, 8 minutes to SoFi, all along the newly redeveloped part of La Cienega and Slauson Ave. Once your renovation is complete you will be able to secure the very top of the market in rents helping you achieve a 5% (or better) CAP rate. Property will be delivered fully vacant with interior demo having already been completed on 2 of the 3 units. Please call direct to schedule your private viewing.
Extremely rare Triplex in highly sought after Ladera Heights now with fully Approved Plans! This is an investors dream to have a fully vacant income property delivered with approved plans for the remodel. Bring your contractor and start right away on the remodel. Located near the La Cienega corridor this Triplex property contains 3 large units of 1500-2000 sq ft. each. Approved plans call for adding a bedroom and bath to each existing floor-plan without adding square footage. The end result with be Two - 3 bedroom 3 bath units and One - 4 bedroom 3 bath unit, totaling almost 5200 sq ft. Each unit is very open and spacious and have their own two car garage parking. The is a great location close to the freeway for commuter access, or about 10 minutes to LAX, 8 minutes to SoFi, all along the newly redeveloped part of La Cienega and Slauson Ave. Once your renovation is complete you will be able to secure the very top of the market in rents helping you achieve a 5% (or better) CAP rate. Property will be delivered fully vacant with interior demo having already been completed on 2 of the 3 units. Please call direct to schedule your private viewing.

Property details

Tenant Pays

Gas

Electricity

Sewer

Trash Collection

Water

Property Access

Paved

House

1 total stories

Built in 1959

Stories: 1

5168 total building sqft

Contemporary

1 Common Wall

One

Community

Urban

Expenses

Electric Expense: $1,200

Insurance Expense: $5,000

Maintenance Expense: $1,500

Operating Expense: $43,746

Other Expense: $750

Pest Control Expense: $1,000

Fireplaces

Gas

Living Room

Foundation

Combination

Garage

6 garage spaces

Income

Gross Income: 201600

Gross Scheduled Income: 201600

Net Operating Income: 153822

Interior Features

All Bedrooms Down

Laundry

Washer Hookup

Gas Dryer Hookup

Laundry Closet

Listing

Listing ID: SB23016611

Property Subtype: Triplex

70 days on market

Listed on 2023-02-14

Rent controlled

Location

County: Los Angeles

Lot

9459 sqft

0.2171 acres

Area: 9459

Near Public Transit

Rectangular Lot

Parking

Carport

6 total parking spaces

Attached Carport

Door-Single

Garage

Garage Faces Rear

Possession

Close Of Escrow

Property

Single building

3 units

Property attached

Roof

Composition

Shingle

Sewer

Public Sewer

Taxes

New Taxes: $25,032

Utilities

Electricity - On Property

3 separate electric meters

3 separate gas meters

Electricity Connected

Natural Gas Connected

Sewer Connected

Water Connected

Overhead Utilities

Monthly cost

Estimated monthly cost

$13,382/mo

All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$1,974,000

+$63,000

$2,037,000

Seller agent commission$63,000 (3%)*

$0 (0%)

Buyer agent commission$63,000 (3%)*

$63,000 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property All calculations are estimates and provided by Unreal Estate, Inc. for informational purposes only. Actual amounts may vary.

Get $63,000 more selling your home
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Unreal Estate checked: Sep 10, 2024 at 1:31 p.m.

Data updated: Apr 26, 2023 at 11:12 a.m.

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