Address
5022 South Slauson Avenue Culver City, CA
Price
$ 2,395,000
Property Attributes
  • MLS#0020658602
  • TypePending
  • CountyLOS ANGELES
  • CityCulver City
  • AreaCulver City
  • Zip90230
  • Style
  • Price$ 2,395,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,405 SqFt
Listing Provided Courtesy Of:
RE/MAX ESTATE PROPERTIES
Data Source:
California Desert Association of REALTORS
Property Description

PRICE REDUCED $200K! We are proud to present to market "Westside 9", a value-add multifamily investment property housing nine bright and open units situated on a large 7,600 SF LAR3 zoned lot and priced at a Proforma 8.7GRM. Composed of four, 2-bedroom, 1.5-bath townhouse style units, three, 1-bedroom, 1-bath units, one studio unit, and one, 3-bedroom, 1.5-bath unit offering an ideal mix for the submarket. Located in the heart of this burgeoning Westside housing community and adjacent to the tech commercial corridor, known today as Silicon Beach, the units on 5022 S Slauson Ave, are near to many of the most prominent tech companies in the nation. This property is attractively priced at only $296 per square foot and $266,000 per unit! Current rents are significantly below market, allowing a new owner to capitalize on future vacancies.

Price History
11/11/2020 Listed $2,595,000
1/13/2021 4% - $2,495,000
3/24/2021 5% - $2,395,000

General Features

MLS Area C28 - Culver City
Parking Features Carport
Senior Community Y/N No
Zoning LAR3

Interior Features

Total Stories 2

Exterior Features

Land Lease Type Fee
Lot Size Acres 0.17
Lot Size Area 7600.0
Lot Size Square Feet 7600.0
Lot Size Units Square Feet
Numberofunitsbuildings 1

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90230

Price
AVG $1.11M
$2.4M
Visits
AVG 23
11
Year Built
AVG 1961
1964
Walkscore
AVG 68
57
Data Provided by Walkscore ® not using MLS data

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