Multifamily Investment Opportunity in Los
2204 Slauson, Los Angeles, CA 90043
For Sale
$3,650,000
16-unit multifamily property in South Los Angeles with income upside.
Property SizeContact for details
Days on Market305
Property Features for 2204 Slauson
General Information
Standard status
Property subtype
Site & Location
Neighborhood
Amenities
Community Facility
Building Details
Year Built
Listing Agency:
LYON STAHL INVESTMENT REAL ESTATE, INC.
(310) 425-9838
Listed By:
BRETT LYON · License CA #01717818
(310) 706-4066
Source:
Corcoran
Added: Jan 9
Changed: Aug 8
Last Checked: Apr 5 at 8:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LYON STAHL INVESTMENT REAL ESTATE, INC.
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Investment Insights
Based on property information with market context.
Located in the Van Ness neighborhood of South Los Angeles, 2204 Slauson Avenue is a 16-unit multifamily property offered at approximately $265,000 per unit. The property is situated west of South Central and northeast of Inglewood, benefiting from a central infill location with proximity to major employment centers and transportation corridors. The unit mix includes six studio units and ten one-bedroom/one-bathroom units. The property currently delivers a 5.73% CAP rate and 11.24 GRM, with projected market performance reaching a 6.36% CAP rate and 10.27 market GRM through rental optimization. This asset offers immediate cash flow with room for future growth in a supply-constrained rental market.
Key Highlights
- Strong 5.73% CAP rate and 11.24 GRM provide immediate cash flow.
- Upside potential with projected market performance reaching a 6.36% CAP rate and 10.27 market GRM.
- Attractive cost basis of approximately $265,000 per unit.
Property Analytics
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Location Intelligence
Trade Area within ½ mile
1,233
Businesses Nearby
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Business Placement
Demographics for 90043, CA
46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in Los Angeles, CA
Properties on Market for Apartment buildings in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Apartment building - 16-unit multifamily property in South Los Angeles with income upside.
Where is this apartment building located?
The property is located at 2204 Slauson Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,650,000.
What are key features of this property?
This property features: Strong 5.73% CAP rate and 11.24 GRM provide immediate cash flow.; Upside potential with projected market performance reaching a 6.36% CAP rate and 10.27 market GRM.; Attractive cost basis of approximately $265,000 per unit.
