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3901 W Slauson Ave, Los Angeles, CA 90043
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3901 W Slauson Ave Los Angeles, CA 90043

$800,000 Sold Price as of 04/14/2023
  • 3 Beds
  • 4 Baths
  • 2,171 Sq.Ft.
Sold
$800,000 Sold Price as of 04/14/2023 Refinance Your Mortgage
Map preview of 3901 W Slauson Ave, Los Angeles, CA 90043

Property Overview: 3901 W Slauson Ave Los Angeles, CA has 3 bedrooms, 4 bathrooms, 2,171 living square feet and 3,600 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: The subject is a mixed-use, commercial and residential property located in Los Angeles. It consists of one office, currently used as a beauty shop, containing 371 square feet and three one-bedroom apartments of approximately 600 square feet each. The investment is producing $4,981 per month and there is significant upside in the rents. The structures were built in 1945 and 1953, respectively. The site is located on the corner of Slauson and Keniston, in the popular and highly sought after, Windsor Hills submarket. It is in the County and is zoned LCC2YY. There is garage parking with alley access and one of the apartments is located above the garage. The property is listed at an attractive 5.43% CAP with a Market CAP of 7.09%. This one will not last.

Listed by Jerome McAlpin | BRE #00939725 | McAlpin & Company
Last checked: 16 minutes ago | Last updated: June 5th, 2023 | Source CRMLS | DOM: 63

Home details

Lot Sq. Ft
3,600
HOA Dues
$0/mo
Year built
1945
Garage
3 Car
Property Type:
Multi Family
Status
Sold
MLS#
23228867
City
Los Angeles
County
Los Angeles
Time on Site
483 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $650
  • Total Rent: $650
  • Pro Forma/Market Rent: $1,050
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,432
  • Total Rent: $1,432
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,432
  • Total Rent: $1,432
  • Pro Forma/Market Rent: $1,750
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,467
  • Total Rent: $1,467
  • Pro Forma/Market Rent: $1,750
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.43%
  • Gross Rent Multiplier: 13.38
  • Gross Scheduled Income: --
  • Net Operating Income: $43,742
  • Gross Operating Income: $59,772
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 3901 W Slauson Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
  • Refrigerator, Gas Range
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 5007029016
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Location / Neighborhood
Location Information
  • Directions: On the corner of Slauson and Keniston. West of Crenshaw and East of La Brea.
View more facts & features

Local Los Angeles Agent

Sale History for 3901 W Slauson Ave

Last sold for $800,000 on April 14th, 2023

  • April, 2023

  • Apr 14, 2023

    Date

    Sold

    CRMLS: 23228867

    $800,000

    Price

  • Jan 3, 2023

    Date

    Active

    CRMLS: 23228867

    $800,000

    Price

  • November, 1993

  • Nov 8, 1993

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 3901 W Slauson Ave

Assessed Value (2020): $249,896
Year Land Value Improved Value Assessed Value
2020 $107,096 $142,800 $249,896

Home Value Compared to the Market

This property vs the competition

3901 W Slauson Ave sold on April 14, 2023 for 23.81% lower than the current median sold price for the city of Los Angeles which is $1,050,000. The median sold price per/sqft for Los Angeles is $738 and this home is sold at $368.49 per/sqft which puts the price per square foot 50.07% lower than the current median sale per square foot for the city of Los Angeles.

About 3901 W Slauson Ave

Detailed summary of property

3901 W Slauson Ave is a multi family that recently sold in Los Angeles, CA 90043. This multi family property offered 3 bedrooms, 4 bathrooms, roughly 2,171 living square feet, and sits on an approximately 3,600 square foot lot. 3901 W Slauson Ave was first listed on ArdentRealEstateGroup.com on January 4, 2023. The homeowner sold the property for $800,000. Home in Los Angeles are selling for a median price of $1,050,000 and a median price per square foot of $738. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 23.81% lower than the current median priced home. Local homes that are currently for sale include 4700 S Gramercy Pl, 5302 S Manhattan Pl and 5166 S Manhattan Pl. While the average home in Los Angeles, CA is selling in 96 days, 3901 W Slauson Ave has a days on market of 63 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 3901 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 3901 W Slauson Ave

Public county record property details
Beds
3
Baths
3
Year built
1945
Sq. Ft.
2,171
Lot Size
3,600
Stories
1
Type
Commercial/Office/Residential (Mixed Use)
Pool
No
Spa
No
County
Los Angeles
Lot#
4
APN
5007-029-016

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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(714) 706-1823

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Recently Sold Homes Near 3901 W Slauson Ave

3945 W Slauson Ave, Los Angeles, CA 90043
$1,360,000 Last Sold Price
7 Beds
6 Baths
5440 Sq.Ft.
3945 W Slauson Ave
Los Angeles, CA 90043
5519 S Harcourt Ave, Los Angeles, CA 90043
$825,000 Last Sold Price
4 Beds
2 Baths
1848 Sq.Ft.
5519 S Harcourt Ave
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4020 W Slauson Ave, Los Angeles, CA 90043
$1,120,000 Last Sold Price
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4020 W Slauson Ave
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5345 Keniston Ave, Los Angeles, CA 90043
$1,305,000 Last Sold Price
7 Beds
4 Baths
3983 Sq.Ft.
5345 Keniston Ave
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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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