$4,250,000 USD
310-780-1899
2200-2204 W Slauson Ave
Los Angeles, CA 90043
Park Mesa Heights
HIGHLIGHTS
- 16 Units in South Los Angeles | Unit Mix: (6) Studio Units, (10) 1-Bed/1-Bath
- All Tenants Section 8, Providing Reliable And Consistent Rent Payments
- Strong In-Place Income – 5.73% CAP | 11.24 GRM - Great Potential for Upside – 6.36% Market CAP | 10.27 Market GRM
- Low Cost Per Unit: $265K/Unit
- Property Was Legally Converted From 9 to 16 Units. Owner Has Put $1.5M into the Property
- Great South La Location in the Van Ness neighborhood, West of South Central and North East of Inglewood
FOR SALE DETAILS
PRICE
$4,250,000 USD
PRICE/SF
$702 USD /SF
# OF UNITS
16
PRICE/UNIT
$265,625
CAP RATE
5.73%
% LEASED
100%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1981
PARKING SPACES
13
LAND DETAILS
LAND ACRES
0.26 AC
LAND SF
11,191 SF
ZONING
LAC2
APN/PARCEL ID
4005-026-036
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310-780-1899
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310-780-1899
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