Homes for sale - 4823 W Slauson Ave, Los Angeles, CA 90056

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John Herkenrath

johnherkenrath@epiquerealty.com +1(310) 221-2910

$7,150,000

Est. payment - /mo

36 Beds

28 Baths

27,572 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 27,572 sqft

Price per Sqft $259

MLS Listing ID 25530587

Style Low Rise

Bedrooms 36

Year Built 1953

Lot Size 0.943 Acres

Acres 0.94

Property Sub-Type Multi-Family

Property Description

We are 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 massive 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 by Lilly Property Management Co. 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, can provide a strong hedge against rental stagnation due to the property being subject to LAC RSO. With approximately 30% rental upside, new ownership is afforded a path towards a considerable proforma 7.50 CAP / 9.15 X, metrics that can further improve from significant ADU build-out potential in the rear carport section of 4823-25 (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 this month. 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 charming courtyard. Tenants will have access to the nearby 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 one of the most attractive submarkets in Los Angeles County. For investors looking for a high-quality 1031 solution or just simply in acquisition mode, the Slauson buildings will make a strong addition to any investor portfolio and a chance to own in the fourth largest economy in the world.

Location

State CA

County Los Angeles

Area Ladera Heights

Zoning LCC2YY

Rooms

Other Rooms Other

Interior

Heating Wall, Floor

Cooling None

Fireplaces Type None

Equipment Built-Ins, Garbage Disposal, Microwave, Range/Oven, Refrigerator

Laundry Community, Laundry Area, In Unit

Exterior

Parking Features Assigned, Detached, Driveway, Parking Space, On street, Garage Is Detached, Garage - 2 Car, Garage - 1 Car, Garage, Side By Side, Uncovered

Garage Spaces 40.0

Pool None

Amenities Available None

Waterfront Description None

View Y/N No

View None

Building

Story 3

Architectural Style Low Rise

Level or Stories Three Or More

Others

Special Listing Condition Standard

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The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Lilly Enterprises, Inc.

"John takes great pride in helping his clients through every step of the buying and selling process. Leveraging two decades of experience in pre-construction, new home sales and market sales exclusive representation. his vast knowledge in brokering home sales within luxury communities and new developments has proven invaluable to his clients."

+1(310) 221-2910

johnherkenrath@epiquerealty.com

8383 Wilshire Blvd #800 Beverly Hills CA 90211

4823 W Slauson Ave Los Angeles, CA 90056