4 Units, 11.45 GRM, 6.43% CAP
The Slauson Apartments is a charming 4 unit complex located in the area of Park Mesa Heights, within the city of Los Angeles, and across the street from city park, and close proximity to various stores and eateries.
The property consists of three single units with separate kitchens, and one bachelor unit. Section 8 pays based on units being 1 bedroom and title shows as 1 bedroom units.
Various upgrades have been made to the exterior of the building and part of the interior units. A parking space is allotted for three of the four units.
Two units delivered vacant! The other two are Section 8 tenants, providing a steady cash-flow for owner. Low property expenses and easy management make the Slauson Apartments a desirable investment. Total annual income is $54,588 with all units rented!
Total annual gross income for the property is $54,588. Low property expenses and easy management make the Slauson Apartments a desirable investment for anyone looking to own an apartment building!
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