3901 W Slauson Avenue, Los Angeles, CA 90043
Property
Sold April 2023
Listing Agent: Jerome McAlpin (DRE #00939725) · Listing Office: McAlpin & Company · Contact: 310-437-4172 · Bought with: Jerome McAlpin · McAlpin & Company · MLS #23228867 · Source: CRMLS
About this property
The subject is a mixed-use, commercial and residential property located in Los Angeles. It consists of one office, currently used as a beauty shop, containing 371 square feet and three one-bedroom apartments of approximately 600 square feet each. The investment is producing $4,981 per month and there is significant upside in the rents. The structures were built in 1945 and 1953, respectively. The site is located on the corner of Slauson and Keniston, in the popular and highly sought after, Windsor Hills submarket. It is in the County and is zoned LCC2YY. There is garage parking with alley access and one of the apartments is located above the garage. The property is listed at an attractive 5.43% CAP with a Market CAP of 7.09%. This one will not last.
Listing description from the April 2023 sale, as reported to CRMLS.
Sale history