2204 W Slauson, Los Angeles, CA 90043
Local realty services provided by:CENTURY 21 Classic Estates
2204 W Slauson,Los Angeles, CA 90043
$3,999,000
- - Beds
- - Baths
- 6,050 sq. ft.
- Multi-family
- Active
Listed by: brett lyon, woody stahl
Office: lyon stahl investment real estate, inc.
MLS#:SB26003299
Source:CRMLS
Price summary
- Price:$3,999,000
- Price per sq. ft.:$660.99
About this home
Offered at an attractive basis of approximately $249,938 per unit, 2204 Slauson Avenue presents a compelling 16-unit multifamily investment opportunity in South Los Angeles. The property features a well-balanced unit mix of (6) Studio units and (10) One-Bedroom/One-Bathroom units, providing broad tenant appeal and consistent demand. Current in-place income delivers a strong 6.17% CAP rate and 10.58 GRM, offering immediate cash flow with room for future growth.
The asset also presents meaningful upside potential, with projected market performance reaching a 6.84% CAP rate and 9.66 market GRM through rental optimization. This combination of stable existing income and value-add opportunity positions the property well for both long-term hold and yield-focused investors.
Located in the Van Ness neighborhood of South Los Angeles, west of South Central and northeast of Inglewood, the property benefits from a central infill location with proximity to major employment centers, transportation corridors, and continued investment activity throughout the surrounding submarkets. 2204 Slauson Avenue offers investors a rare opportunity to acquire scale, cash flow, and upside at a compelling cost basis in a supply-constrained rental market.
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Home facts
- Year built:1981
- Listing ID #:SB26003299
- Added:54 day(s) ago
- Updated:March 03, 2026 at 10:07 PM
Rooms and interior
- Living area:6,050 sq. ft.
Structure and exterior
- Year built:1981
- Building area:6,050 sq. ft.
- Lot area:0.26 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,999,000
- Price per sq. ft.:$660.99
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