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Listed by Brett Lyon • Lyon Stahl Investment Real Estate, Inc.
$4,250,000
Est. payment /mo
0.26 Acres Lot
Active
2204 W Slauson Los Angeles, CA 90043
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Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRSB26003299
Year Built 1981
Lot Size 0.257 Acres
Source California Regional MLS
Property Description
Offered at an attractive basis of approximately $265,000 per unit, 2204 Slauson Avenue presents a compelling 16-unit multifamily investment opportunity in South Los Angeles. The property features a well-balanced unit mix of (6) Studio units and (10) One-Bedroom/One-Bathroom units, providing broad tenant appeal and consistent demand. Current in-place income delivers a strong 5.73% CAP rate and 11.24 GRM, offering immediate cash flow with room for future growth. The asset also presents meaningful upside potential, with projected market performance reaching a 6.36% CAP rate and 10.27 market GRM through rental optimization. This combination of stable existing income and value-add opportunity positions the property well for both long-term hold and yield-focused investors. Located in the Van Ness neighborhood of South Los Angeles, west of South Central and northeast of Inglewood, the property benefits from a central infill location with proximity to major employment centers, transportation corridors, and continued investment activity throughout the surrounding submarkets. 2204 Slauson Avenue offers investors a rare opportunity to acquire scale, cash flow, and upside at a compelling cost basis in a supply-constrained rental market.
Location
State CA
County Los Angeles
Area Phht - Park Hills Heights
Interior
Laundry Community Facility
Exterior
Garage Spaces 13.0
Pool None
Building
Water District - Public
Others
Tax ID 4005026036
Special Listing Condition Not Applicable

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