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    4455 Slauson Ave Los Angeles, CA 90043-2717

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    4455 Slauson Ave Los Angeles, CA 90043-2717


    • Commercial kitchens
    • 1,428 SF
    • 0.33 lot acres
    Off-Market
    Last Sale Jun 25, 2024
    $1,200,000
    Property ID
    US09-9933012
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,200,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Sachi Teriyaki House / Restaurant

    Property Details for 4455 Slauson Ave

    Year built
    1979
    Construction
    TILT-UP CONCRETE
    Lot size
    0.33 lot acres
    Property size
    1,428 SF
    Zone code
    LCC2*
    Property type
    Commercial kitchens
    Property subtype
    Commercial kitchens
    APN
    5008-015-049
    APU
    5008015049

    Description

    This exceptional, newly constructed four-unit apartment building in Culver City's Silicon Beach area presents a compelling investment opportunity. The property, built in 2024, boasts a total of 6,207 square feet on a 5,204 square foot lot and features two buildings, each three stories high. The complex comprises two 3-bedroom, 3-bathroom units and two 4-bedroom, 4.5-bathroom units, offering a desirable unit mix for the area. Each unit includes two parking spaces, private laundry facilities, multiple decks, and high-end finishes, including modern appliances (washer, dryer, dishwasher, 36-inch range, refrigerator, and OTR microwave). Individual water and electricity meters provide efficient utility management. The property is currently vacant, offering immediate potential for rental income. A pro forma gross rent of $273,600 is projected. All units benefit from fully paid-off solar panels, contributing to energy efficiency and reduced operating costs. The property is zoned R3 and has a current cap rate of 5.74%, with a potential increase to 6.45% through the conversion of the existing four-car garage in the rear duplex into an additional 3-bedroom unit (ADU). The asking price is $3,650,000, representing a price per unit of $912,500 and a price per square foot of $588.05. The property's strong location in the thriving Silicon Beach area, combined with its modern amenities, vacant status, and potential for value-add improvements, makes it an attractive investment with significant long-term potential. The property is delivered vacant with no rent control. The Net Operating Income (NOI) is $209,625. The property is fully warranted and green-certified.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,200,000
      ML approach
      $1,200,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.354
    Latitude
    33.9892
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $18,717
    $961,456
    $240,359
    $1,201,815
    -
    $0.00
    $0.00
    $0.00
    More about this property
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