NOT LISTED FOR SALE

2204 W Slauson Ave Los Angeles, CA 90043

Hyde Park Neighborhood
10 Beds
9 Baths
6,050 Sq Ft
0.26 Acres

Last Sold April 16, 2021

Last sale price $2,170,000 $359 Per Sq Ft

75 Days on Market

Highlights

  • Laundry Room
  • Ceiling Fan
  • 3-minute walk to Van Ness Recreation Center

About This Home

As of April 2021

Slauson Manor Apartments is a vacant 9-unit building adjacent to the Crenshaw Boulevard commercial corridor. Slauson Manor Apartments is not subject to LA City rent control and provides an opportunity to either lease-up and enjoy immediate cash-flow or make cosmetic upgrades to unit interiors to achieve higher rents. Cap rates are approximately 100 basis points higher in the greater Inglewood submarket than Los Angeles as a whole, offering a potential stabilized yield of over 10%. The submarkets rent levels are below the metro-wide average and is consequently one of the few areas that have experienced rent growth since the start of the pandemic, with a YoY increase of 1.7% from 2019 to 2020. As the economy returns to pre-pandemic levels and rents continue to rise, the buildings non rent-controlled status will allow the operator to increase rents at a rate that keeps pace with the market. Built in 1981, the 6,050 square-foot courtyard-style building

Last Agent to Sell the Property

Kimberly Roberts Stepp

Keller Williams Beverly Hills License #01251767 Listed on: 01/27/2021

Keller Williams Beverly Hills

Last Buyer's Agent

Ahmaad Coney

The Coney Group License #01392115

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1981

Lot Details

  • 0.26

Home Design

  • Stucco

Interior Spaces

  • 6,050 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 9 Bathrooms

Parking

  • 13 Parking Spaces
  • Uncovered Parking

Additional Features

  • 0.26 Acre Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 9 Units

Listing and Financial Details

  • Assessor Parcel Number 4005-026-036

Property Details

Home Type

Multi-Family

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Entry Location: Ground Level - no steps
  • Living Area: 6050
  • Lot Acreage: 0.2569
  • Stories: 2
  • Year Built: 1981
  • Number Of Photos: 9
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 10
  • Laundry: Laundry Area
  • Total Bathrooms: 9.00
  • Equipment: Ceiling Fan
  • Price Per S Q F T: 362.81

Exterior Features

  • Construction: Stucco
  • Other Structures: None

Garage/Parking

  • Parking Garage: Uncovered
  • Total Parking: 13

Utilities

  • Heating: Wall Electric

Lot Info

  • Assessed Improvement Percent: 20.00
  • Assessed Improvement Value: 97368
  • Assessed Land Percent: 80
  • Assessed Land Value: 389500
  • Total Assessed Value: 486868
  • Assessor Parcel Number: 4005-026-036
  • Lot Size Area: 11191

Multi Family

  • Unit Type: 2106, 2107, 2108
  • Gross Rent Multiplier: 11.66
  • Number Of Units: 9
  • Total Annual Expense: 61151
  • Type Of Units: Apartments
  • Vacancy Rate: 100%

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2021 04/16/21 Sold $2,170,000 -1.1% $359 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/05/2021 03/05/21 Price Changed $2,195,000 -4.4% $363 / Sq Ft
01/27/2021 01/27/21 For Sale $2,295,000 -- $379 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kimberly Roberts Stepp

    Seller's Agent in 2021

    Kimberly Roberts Stepp

    Keller Williams Beverly Hills

    (310) 482-2200

    1 in this area

    13 Total Sales

    Kimberly Roberts Stepp
    Section Image
  • Ahmaad Coney

    Buyer's Agent in 2021

    Ahmaad Coney

    The Coney Group

    (310) 426-8544

    2 in this area

    8 Total Sales

    Ahmaad Coney
    Section Image
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Map

Source: The MLS

MLS Number: 21-685838

The MLS
California Los Angeles County Los Angeles 90043 Hyde Park

2204 W Slauson Ave, Los Angeles, CA

This home is located at 2204 W Slauson Ave, Los Angeles, CA 90043 since 27 January 2021. This property was built in 1981. 2204 W Slauson Ave is a home located in Los Angeles County with nearby schools including Fifty-Ninth Street Elementary School, Horace Mann Ucla Community, and Crenshaw Science, Technology, Engineering, Math And Medicine Magnet.

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The MLS © 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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