4905 South Slauson Avenue

Culver City, CA 90230

$1,300,000
Price
8
Beds
4
Baths
3,136 Sq. Ft.
$415 / Sq. Ft.
3,136
Sq. Ft.
$415
per Sq. Ft.

Description

Value-add fourplex in the extremely coveted neighborhood of Del Rey. 1 unit is being held vacant so that the new owners can remodel and choose their own tenant. The property may have a Culver City address, but it is definitely in the City of LA and is subject to LA Rent Stabilization Ordinance. All four units feature 2 bedroom + 1 bathroom units that average 784 SF each. A blooming jacaranda tree frames the front of the building, providing tenants an extra pleasant view in June and July. Parking...Value-add fourplex in the extremely coveted neighborhood of Del Rey. 1 unit is being held vacant so that the new owners can remodel and choose their own tenant. The property may have a Culver City address, but it is definitely in the City of LA and is subject to LA Rent Stabilization Ordinance. All four units feature 2 bedroom + 1 bathroom units that average 784 SF each. A blooming jacaranda tree frames the front of the building, providing tenants an extra pleasant view in June and July. Parking is available in the rear via the alley and can accommodate 10 cars. There may be potential to build ADUs in the rear, Buyer should investigate if interested. There is also a laundry room for convenience, serviced by WASH. In the downstairs apartments, 1 of the 2 bedrooms has a back door to a patio area, which gives them a private patio and added bonus outdoor space. There has been a ton of new construction and investment into the immediate area, with new apartment buildings with murals, coffee shops, restaurants and more. There are multiple new construction buildings on the east side of the street that are new within a few blocks. The homes in the area are also in high demand, as the property is located near Silicon Beach, Mar Vista, Marina del Rey, Culver City, Playa Vista, and Loyola Marymount University.

Listing Agent

  1. Dana Coronado

    Dana Coronado

    Listing Agent

    Compass

    DRE #01746702

Property Details for 4905 South Slauson Avenue

Water Front
None
Zoning
LAR3
Style
Mid-Century
Cross Streets
Culver Blvd and S Slauson Ave
Accessibility Features
None
Parcel Number
4218017031
Total Units
4.0
Living Area
3136
LISTING UPDATED: 09/11/2024 01:19 PM

Property Details for 4905 South Slauson Avenue

StatusActive
MLS #24-423015
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1956
Lot Size0.16 AC / 6,900 SF
CountyLos Angeles County
Buyer's Agent Compensation2.5%

Building Information for 4905 South Slauson Avenue

Stories2Residences-Year Built1956Building Size-Lot Size0.16 AC / 6,900 SF

Property Information for 4905 South Slauson Avenue

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 4
  • Amenities: None
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: Fourplex
  • View: No
  • View Description: None
  • View: None
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector, Gated
  • Direction Faces: East
  • Water: Public
  • Sewer: In Connected and Paid
  • Water Heaters: Yes
  • ADA Compliance: No
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan
  • Disclosures: Rent Control
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $84,312
  • Net Operating Income: $46,081.00
  • Gross Income: $84,312
  • Gross Rent Multiplier: $.00
  • Actual Annual Gross Rent: $84,312.00
  • Actual Gross Annual Income: $84,312
  • Vacancy Allow Dollar: $.00
  • Vacancy Allow Percent: .00%
  • Owner Pays: Water, Gardener, Gas, Other
  • Total Annual Expense: 37511
Land / Lot Info
Land / Lot Info
  • Additional Parcel Number: No
  • Alley: Yes
  • Lot Acreage: 0.1584
  • Lot Size Square Feet: 6900
  • Lot Location: City, Canal
Parking Details
Parking Details
  • Parking Garage: Parking Space
  • Total Parking: 10
  • Open Other Spaces Total: 10
  • Parking Features: Parking Space
Interior Features
Interior Features
  • Levels: One
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling Type: Window Unit(s)
  • Heating Type: Wall Gas
  • Flooring: Carpet, Tile
  • Equipment: Range/Oven
  • Room Bathroom Features: Low Flow Toilet(s), Low Flow Shower
  • Bathroom Features: Low Flow Toilet(s), Low Flow Shower(s), Shower Over Tub
  • Cooking Appliances: Oven-Gas
  • Laundry: Room, Community
  • Disability Access: None
Exterior Features
Exterior Features
  • Pool: No
  • Private Pool: No
  • Pool Description: None
  • Pool Features: None
  • Spa: No
  • Spa: None
  • Tennis: No
  • Tennis Court: None
  • Roof: Composition, Shingle
  • Patio Features: None
  • New Construction: No
  • Construction Materials: Stucco
  • Exterior Construction: Stucco
  • Foundation Details: Slab
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 08-08-2024
  • Listing Terms: VA Loan, Standard Sale
  • Rent Control: Yes
  • Rent Control: 100
  • Tenant Pays: Electricity, Gas
Unit Details
Unit 1 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,026.00
  • Unit Actual Rent: $1,026.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,638.00
  • Unit Actual Rent: $1,638.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 3
Unit 4 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,762.00
  • Unit Actual Rent: $1,762.00
  • Unit Projected Rent: $2,600.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107, 2108, 2109

Property History for 4905 South Slauson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4905 South Slauson Avenue

Taxable ValueLand$664,966Additions$221,138Total$886,104
Tax Record2023$11,030 ($919 / month)
Home Facts
Total Finished SqFt3,136 SqFtAbove Grade Finished SqFt3,136 SqFtLot Size6,900 SqFtStyleQuadraplexYear Built1956ZoningLAR3CountyLOS ANGELESAPN4218-017-031

Schools near 4905 South Slauson Avenue

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Stoner Avenue Elementary School
PublicK to 5

Marina Del Rey Middle School
Public6 to 8

Venice Senior High School
Public9 to 12

Icef Vista Elementary Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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4905 South Slauson Avenue is a multi-family home for sale in Culver City, CA 90230. This property was listed for sale on August 8, 2024 by Compass, it's currently listed at $1,300,000. It has been on the market for a total of 43 days and was last sold on May 28, 2012. This listing's school district is Los Angeles Unified School District. Nearby schools include Stoner Avenue Elementary School, Marina Del Rey Middle School and Venice Senior High School. 4905 South Slauson Avenue is a 8-bed, 4-bath, 3,136 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Dana Coronado, DRE #01746702; Equity Union, Nicole Apostolos, DRE #01464936

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.