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 large scale 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. 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, may provide a strong hedge against rental stagnation due to the property being subject to LAC RSO. With approximately 25% rental upside, new ownership is afforded a path towards a considerable proforma 8.80 CAP / 8.0 X. Additionally, the buildings rear carports may provide significant ADU build-out potential (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. 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 common area courtyard. Tenants will have nearby access to the 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 a highly attractive submarket of Los Angeles County. For investors looking for a high-quality 1031 solution or those simply in acquisition mode, the Slauson buildings will make a strong addition to any investor portfolio.
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 March 2026, there are three (3) 1BR/1BA vacancies (2 partially upgraded). Seller is not opting for a 1031. Agency is related to Seller. Please do not walk the property or disturb the tenants.