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Gail Mercedes Cole
The Hills Premier Realty
 9595 Wilshire Blvd, Ste #900, 

Beverly Hills, CA 90212

310-853-9933
Contact Me

 

" Selling Dreams and Lifestyles"
 

 

 

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Listing 1 out of 15
$2,100,000 For Sale

5048 West Slauson Avenue
Ladera Heights, CA 90056

Residential Income
5,172 sq ft; lot: 8381 sq ft - MLS# SR18226387
Property Photo
1/22

Description

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

Features

  • Property Type: Residential Income
  • Sub Type: Residential Income
  • Listing Status: Active
  • County/Area: Los Angeles County
  • Zip Code: 90056
  • Year Built: 1961
  • Subdivision/Neighborhood: Ladera Heights (103)
  • Sq.Ft.: 5,172 sq ft
  • Style: Calif Bungalow
  • Fireplace: Gas, Family Room, Fireplace
  • Lot Size: 8381 sq ft
  • Accessibility: 36 Inch Or More Wide Halls, Parking
  • View: City Lights View, Ocean View, Panoramic View, View
  • Zoning: LCR318U*
  • A DA Compliance YN: Yes
  • Agent License Number: 01712283
  • Bedroom Features: All Bedrooms Down, Main Floor Master Bedroom
  • City Code: 50041213815
  • Common Walls: Attached
  • Cooking Appliances: Gas/Electric Range, Oven-Gas, Range, Gas, Microwave
  • Cooling Type: Central A/C
  • Doors: Double Door Entry
  • Expense Insurance: 2148.00
  • Expense Operating: 6708.00
  • Expense Tax: 21556.00
  • Expense Total Annual: 6708.00
  • Expense Water: 3600.00
  • Exterior Construction: Concrete, Stucco
  • Fence: Brick Wall, Wood
  • Floor Material: Carpet, Stone
  • Foundation Details: Raised Foundation
  • Garage Spaces Total: 6.0
  • Gross Scheduled Income: 100800.00
  • Heating Type: Central Furnace
  • Interior Features: Recessed Lighting
  • Kitchen Features: Granite Counters
  • Laundry Equipment: Own
  • Laundry Locations: In Kitchen
  • Lot Description: Sidewalks
  • Lot Size SQ FT: 8383
  • Lot Size Source: Public Records
  • Monthly Gross Income: $100,800
  • Net Operating Income: 94092.00
  • Number Carpet: 3
  • Number Dishwasher: 3
  • Number Electric Meters: 3
  • Number Gas Meters: 3
  • Number Of Buildings: 2
  • Number Patio: 1
  • Number Range: 3
  • Number Refrigerator: 3
  • Number Wall AC: 3
  • Number Water Meters: 3
  • Open Other Spaces Total: 13
  • Other Structural Features: Rain Gutters
  • Parking Type: Assigned
  • Roofing: Shingle
  • Rooms: FamilyRoom, LivingRoom
  • Security/Safety: Carbon Monoxide Detector(s), Smoke Detector
  • Square Footage 3 Bedroom: 1675
  • Status: Active
  • Tenant Pays: Cable TV, Gas, Trash
  • Unit Monthly Rent01: 2500.00
  • Unit Monthly Rent02: 2400.00
  • Unit Monthly Rent03: 3500.00
  • Unit Number Of Bath01: 2.0
  • Unit Number Of Bath02: 2.0
  • Unit Number Of Bath03: 2.0
  • Unit Number Of Bed01: 3
  • Unit Number Of Bed02: 3
  • Unit Number Of Bed03: 3
  • Units In Complex: 3
  • Water: Water District, Public
  • Windows: Bay/Bow
Courtesy of Sotheby's International Realty, Jahmall Ellis (CalBRE: 01712283)


Gail Mercedes Cole (310) 853-9933

The Hills Premier Realty
9595 Wilshire Blvd, Ste #900, Beverly Hills, CA 90212
Beverly Hills, CA 90212

This is not intended as a solicitation of prospective buyers or sellers who already have an exclusive agency agreement with another agent. All information deemed accurate but not guaranteed, CalDRE#00788828
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