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2312 W Slauson Ave, Los Angeles, CA 90043
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2312 W Slauson Ave Los Angeles, CA 90043

$500,000 Sold Price as of 10/06/2021
  • 0 Beds
  • 4 Baths
  • 2,312 Sq.Ft.
Sold
$500,000 Sold Price as of 10/06/2021 Refinance Your Mortgage
Map preview of 2312 W Slauson Ave, Los Angeles, CA 90043

Property Overview: 2312 W Slauson Ave Los Angeles, CA has -- bedrooms, 4 bathrooms, 2,312 living square feet and 2,499 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICED TO SELL! 11.45 GRM and 6.43% CAP Rate on Actuals! This charming 4 unit complex is located in the area of Park Mesa Heights within the City of Los Angeles, and consists of three single units with separate kitchens, and one bachelor unit. Section 8 pays based on units being 1 bedroom and title shows as 1 bedroom units. Various upgrades have been made to the exterior of the building and part of the interior units. A parking space is allotted for three of the four units. 2 units delivered vacant! The other 2 are Section 8 tenants, providing a steady cash-flow for owner. Low property expenses and easy management. Plenty of upside! Area is constantly being redeveloped. Total annual income is $54,588 with all units rented!

Listed by Hagop Baboudjian | BRE #01372116 | Baboudjian Properties Inc.
Last checked: 11 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 94

Home details

Lot Sq. Ft
2,499
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
320005926
City
Los Angeles
County
Los Angeles
Time on Site
1087 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 4
  • # of Electric Meters: 5
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 2
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $995
  • Pro Forma/Market Rent: $995
Unit Breakdown 3
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 4
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 5
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 6
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,066
  • Pro Forma/Market Rent: $1,375
Unit Breakdown 7
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 8
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 9
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 10
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 11
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 0
  • Total Rent: $0
Unit Breakdown 12
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,375
  • Pro Forma/Market Rent: $1,375
Unit Breakdown 13
  • # of Units: --
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $1,113
  • Pro Forma/Market Rent: $1,375
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 6.43%
  • Gross Rent Multiplier: 11.45
  • Gross Scheduled Income: $54,588
  • Net Operating Income: $0
  • Gross Operating Income: $0
  • Vacancy Allowance: $0
  • Gross Spendable Income: $0
  • # of Rented Garages: 0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $0
  • Personal Property: $0
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $7,500
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $0
  • Insurance: $2,609
  • Maintenance: $1,800
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $2,500
  • Other Expenses: $0

Virtual Tour

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Property Details for 2312 W Slauson Ave

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
Room Information
  • Flooring: Laminate
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • No Spa
Exterior Features
  • No Pool
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Size Source: Public Records
Property Information
  • No View
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 4005025004
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Not Applicable-105
  • Directions: Cross Streets: Arlington
View more facts & features

Local Los Angeles Agent

Sale History for 2312 W Slauson Ave

Last sold for $500,000 on October 6th, 2021

  • August, 2021

  • Aug 6, 2021

    Date

    Pending

    CRMLS: 320005926

    $625,000

    Price

  • Jul 26, 2021

    Date

    Price Change

    CRMLS: 320005926

    $625,000

    Price

  • May 3, 2021

    Date

    Active

    CRMLS: 320005926

    $695,000

    Price

  • January, 2021

  • Jan 1, 2021

    Date

    Expired

    CRMLS: 320002168

    $695,000

    Price

  • Sep 21, 2020

    Date

    Price Change

    CRMLS: 320002168

    $695,000

    Price

  • Sep 2, 2020

    Date

    Price Change

    CRMLS: 320002168

    $725,000

    Price

  • Jul 1, 2020

    Date

    Active

    CRMLS: 320002168

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Priced to sell! This charming 4 unit complex is located in the area of Park Mesa Heights within the City of Los Angeles, and consists of four cozy 1 bedroom 1 bathroom units, with each unit being approximately 575 square feet. Various upgrades have been made to the exterior of the building and parts of the interior units. A parking space is allotted for each unit. Low property expenses and easy management. Plenty of upside! Area is constantly being redeveloped. Total annual income: $48,444.

  • November, 2020

  • Nov 23, 2020

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 2312 W Slauson Ave

Assessed Value (2020): $32,889
Year Land Value Improved Value Assessed Value
2020 $8,041 $24,848 $32,889

Home Value Compared to the Market

This property vs the competition

2312 W Slauson Ave sold on October 6, 2021 for 47.48% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $270.33 per/sqft which puts the price per square foot 64.19% lower than the current median sale per square foot for the city of Los Angeles.

About 2312 W Slauson Ave

Detailed summary of property

2312 W Slauson Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered -- bedrooms, 4 bathrooms, roughly 2,312 living square feet, and sits on an approximately 2,499 square foot lot. 2312 W Slauson Ave was first listed on ArdentRealEstateGroup.com on May 13, 2021. The homeowner sold the property for $500,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 47.48% lower than the current median priced home. Local homes that are currently for sale include 220 W Colden Ave, 10409 S Figueroa St and 623 E 36th St. While the average home in Los Angeles, CA is selling in 96 days, 2312 W Slauson Ave has a days on market of 94 days. There are currently 3485 homes for sale in the Los Angeles real estate market and 2372 of them are single family homes while 1013 of them are condos and 94 are townhomes. For more information on this home for sale at 2312 W Slauson Ave Los Angeles, CA 90043 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 2312 W Slauson Ave

Public county record property details
Beds
4
Baths
4
Year built
1955
Sq. Ft.
2,312
Lot Size
2,498
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
4005-025-004

The source for these homes facts are from public records.

90043 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$945,000
Median List Price/Sq.Ft.
$588
Median Sold Price
$727,000
Median Sold Price/Sq.Ft.
$516
Total Inventory
80
Median Sale to List Price %
96.93%
Avg Days on Market
46
Loan Type
Conventional (25%), FHA (6.25%), VA (0%), Cash (31.25%), Other (6.25%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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