200 W Slauson Ave, Los Angeles, CA 90003
Property Details
Property Overview
200 W Slauson Ave is a well-positioned six-unit apartment building in South Los Angeles, offering investors a valuable opportunity in a high-demand rental market. Built in 1913, this two-story structure has a classic wood-frame stucco design, with updated amenities to meet tenant needs. Situated on a 5,645 square-foot lot, this property provides a balance of stability and growth potential for those interested in a multi-family investment in Los Angeles.
Key Property Details
- Location: 200 W Slauson Ave, Los Angeles, CA 90003
- Lot Size: 5,645 square feet
- Total Living Area: 3,953 square feet
- Unit Count: 6 (all 2 Bed / 1 Bath units)
- Year Built: 1913
- Zoning: LAM1 (suitable for multi-family residential and mixed-use)
- Rent Control: Subject to LA Rent Stabilization Ordinance (LARSO)
- Utilities: Separately metered for tenant convenience
- Parking: Four-car garage at the rear of the building
Investment Highlights
This property is located in a bustling area of South Los Angeles, just east of Broadway, and benefits from consistent tenant demand. The six units offer a solid income potential, with each unit being separately metered, allowing for lower owner utility costs. The zoning (LAM1) provides flexibility for future improvements or redevelopment, adding a layer of long-term investment appeal. Additionally, the property’s rent control status under LARSO presents a stable rental environment.
Neighborhood and Location
The area around 200 W Slauson Ave is well-served by local amenities, including schools, parks, shopping, and public transportation options. This part of Los Angeles has seen significant growth and investment, particularly with major development projects, such as new sports and entertainment venues in nearby Inglewood, further enhancing the property’s potential for appreciation. The property’s convenient access to major highways makes it desirable for tenants who work in downtown Los Angeles or surrounding areas.
Market Trends and Financial Potential
The South Los Angeles rental market remains competitive, with similar multi-family properties reflecting strong rental returns. With a consistent occupancy rate and opportunities for rental growth, 200 W Slauson Ave is positioned to provide both immediate income and long-term value. The property’s unit configuration and location in a rent-stabilized market add to its appeal, particularly for investors seeking steady returns with minimal vacancy risks.
For more information and to schedule a viewing, please contact:
Taylor Avakian
Founder, The Group CRE
First Vice President, Lyon Stahl