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5048 Slauson Avenue, Ladera Heights, CA 90056

9 Bed, 6 Bath Multi-Family Home For Sale

5048 Slauson Avenue, Ladera Heights, CA 90056 House For Sale - MLS #SR18226387
$2,100,000
9
6
Multi-Family
3 Family
This listing is courtesy of Jahmall Ellis from Sotheby's International Realty.

Property Description for 5048 Slauson Avenue, Ladera Heights, CA 90056

Opportunity Knocks! Attention Investors! Incredible updated Triplex in the heart of red-hot Ladera Heights. Short distance to shops, restaurants and 24 hour fitness. Partially remodeled & tastefully done with all of the amenities of a single family home. All 3 units features 3br+2bath. Owners front unit includes combination travertine & carpet, central a/c, large kitchen with granite counter tops, SS appliances, new modern cabinets, and private laundry. The other two units feature top-of-the line upgraded appliances (refrigerators, stoves, microwaves, washers & dryers), and each unit has its own HVAC. All units include tiled bathrooms w/ Frame-less walk-in showers, spacious storage areas & others with sunken tub. The units are separately metered for gas and electricity, & tenants are responsible for paying all utilities except water. Top unit with explosive city views, new slip resistant step coating, and private two car garages for all 3 units. The large common area hosts many options for a bbq area, sitting area or retreat. Total rents are a phenomenal $100,800 in yearly Gross Income at a 4.0% cap rate with two units greatly under priced. No rent control allows a potential $126,000 Gross Income @ 5% cap at area average rents of $3500 per unit. Great i

Interior Details

5,172 sq. ft.
$406.03/sq. ft.
Water District; Public
Recessed Lighting

Exterior Details

0.19 acres
8,383 sq. ft.
6 Garage Spaces

Other Details

SR18226387
1961
3

Units Description

Unit #1
Bedrooms: 3      Full / Half Baths: 2      Rent: $2,500     

Unit #2
Bedrooms: 3      Full / Half Baths: 2      Rent: $2,400     

Unit #3
Bedrooms: 3      Full / Half Baths: 2      Rent: $3,500     

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