For Sale
$10,500,000

4620 Slauson AveLos Angeles, CA 90230

28-Unit Multifamily Investment

Overview

Added:
Jan 24
Days on market:
69
This exceptional 28-unit apartment building, situated on a 0.52-acre lot in Los Angeles, CA, presents a compelling investment opportunity. Built in 1988 and fully renovated in 2015, the property boasts 20,043 square feet of net rentable space, achieving 100% occupancy. The building comprises 14 one-bedroom and 14 two-bedroom units, each featuring modern amenities such as built-in GE/Hotpoint appliances, quartz countertops, upgraded flooring, and central air conditioning with Nest thermostats. Two-bedroom units include in-unit washer/dryers. Residents enjoy convenient access to 30 covered parking spaces, an on-site laundry room, and additional storage. The property's strong financial performance is reflected in its $10,500,000 asking price, $532,278 NOI, and a 5.07% cap rate (5.39% pro-forma). The property is zoned R3-1 and features a gated community with video surveillance. Its prime location in Los Angeles, near Downtown Culver City and the 405 freeway, ensures high demand and consistent rental income. This stabilized investment offers a secure and lucrative return for discerning investors seeking a well-maintained, high-occupancy multifamily property in a desirable location. The property's address is 4620 S Slauson Ave, Los Angeles, CA 90230, APN 4217-020-041.

Highlights

  • Prime investment opportunity: 28-unit stabilized apartment building with 20,043 rentable square feet, offering consistent cash flow.
  • Fully renovated, gated community with video surveillance; includes 14 one-bedroom and 14 two-bedroom units.
  • Modern interiors feature GE/Hotpoint appliances, quartz countertops, upgraded flooring, and Nest-controlled central air.
  • On-site manager, laundry room, 30 covered parking spaces, and additional storage.

Property Details for 4620 Slauson Ave

Property type
Apartment buildings
Square Feet
20,043 SF
Year Built/Renovated
1988/2015
Buildings
1
Stories
3
Lot Size (sq. ft)
22,651 SF
Units
28

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.996677192276
Longitude
-118.41151578913
4620 Slauson Ave, Los Angeles, California

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4620 Slauson Ave
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