4817-4825 W Slauson Ave - Apartments FOR SALE


Los Angeles, CA 90056- Windsor Hills
$7,150,000 USD
310-324-7400
4817-4825 W Slauson Ave, Los Angeles, CA for Sale
$7,150,000 USD
Apartments - FOR SALE
1/39
null | 5.14% Cap Rate

4817-4825 W Slauson Ave
Los Angeles, CA 90056
Windsor Hills


HIGHLIGHTS

  • 2 APN's totaling 28 units on a massive 41,075 SF lot (0.94 acres of land) in unincorporated LAC, adjacent to Ladera Heights
  • 30% rental upside - new ownership is afforded a path towards a considerable pro-forma 7.50 CAP / 9.15 X
  • Amenities include on-site laundry room, ind. water heaters, wall/floor gas heaters, 22 parking stalls, 18 garaged spaces, charming courtyard
  • $75,000 of SB721 work was completed and permitted this month
  • Nearby Westfield Culver City, Howard Hughes, SoFi Stadium, YouTube Theatre, Intuit Dome, KIA Forum, Hollywood Park, E & K Metro line stations
  • NOT subject to Measure ULA "Mansion Tax"

OVERVIEW

Lilly Enterprises, Inc. is pleased to present for sale 4817 & 4823-25 W Slauson Ave. in View Park-Windsor Hills of Los Angeles, CA.  The offering consists of 2 apartment buildings (2 APN's) totaling 28 units on a massive 41,075 SF lot (0.94 acres of land) in unincorporated LAC, adjacent to Ladera Heights.  The property has benefited from a local group of conscientious operators and is professionally managed by Lilly Property Management Co.  The mix of 1BR/1BA (20) and 2BR/1BA (8) units range from 900 to 1,100 SF.  The 1BR's, which account for 70% of all units, can provide a strong hedge against rental stagnation due to the property being subject to LAC RSO.  With approximately 30% rental upside, new ownership is afforded a path towards a considerable proforma 7.50 CAP / 9.15 X, metrics that can further improve from significant ADU build-out potential in the rear carport section of 4823-25 (Buyer to verify).  All units have their own electrical and gas meters.  There is an additional in-house electric meter and a water heater for the on-site laundry room.  In 2018, EQ soft-story retrofit was voluntarily completed for 4817.  The carport roofs for 4823-25 were replaced in 2022.  $75,000 of SB721 work was completed and permitted this month.  Building amenities include an on-site laundry room, washer/dryer hookups, individual water heaters, wall and floor gas heaters, 22 parking stalls, 18 garaged spaces and a charming courtyard.  Tenants will have access to the nearby Westfield Culver City shopping mall, Howard Hughes entertainment center (HHLA), SoFi Stadium, YouTube Theatre, Intuit Dome, KIA Forum, Hollywood Park Casino and E & K Metro Line stations.  With all of these highlights and more, the offering truly presents an ideal opportunity of operational stability with consistent cash-flow and predictable long-term appreciation in one of the most attractive submarkets in Los Angeles County.  For investors looking for a high-quality 1031 solution or just simply in acquisition mode, the Slauson buildings will make a strong addition to any investor portfolio and a chance to own in the fourth largest economy in the world. APN #'s 5009-004-013 & 5009-004-014 to be sold together.  Property is NOT subject to Measure ULA "Mansion Tax".  Property is subject to LAC RSO.  As of August 2025, there is one (1) 1BR/1BA vacancy.  No other units will be delivered vacant by Seller upon close of escrow, except those occurring naturally.  Seller is not opting for a 1031.  Agency is related to Seller.  Please DO NOT walk the property or disturb the tenants.  Submit proof of funds and pre-approval letter with offer.  Showing provided upon an accepted offer.

FOR SALE DETAILS

PRICE

$7,150,000 USD

PRICE/SF

$259 USD /SF

# OF UNITS

28

PRICE/UNIT

$255,357

CAP RATE

5.14%

% LEASED

96%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ladera Pines

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.94 AC

LAND SF

40,946 SF

ZONING

LCC2YY

APN/PARCEL ID

5009-004-013,5009-004-014

ASK ABOUT THIS PROPERTY

Matt LeeLilly Enterprises, Inc.More Info
310-324-7400

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Matt LeeLilly Enterprises, Inc.More Info
310-324-7400

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.