4-Unit Value-Add Multifamily Adjacent to Culver City5031 S Slauson Ave presents a compelling value-add multifamily investment located in the City of Los Angeles, immediately adjacent to Culver City, one of the Westside's strongest and most supply-constrained rental markets. The property consists of four (4) 2-bedroom / 1-bathroom units, a highly… Read More desirable and liquid unit mix that consistently outperforms smaller layouts.All units are significantly under market, offering investors a clear and achievable path to increasing rents and NOIthrough natural turnover and light interior upgrades. Comparable 2-bedroom units in the Culver City / Del Rey / Playa Vista submarket command substantially higher rents, creating strong day-one and near-term upside.The property benefits from Los Angeles multifamily zoning while capturing the rent premiums and demand drivers associated with neighboring Culver City. Its proximity to Playa Vista, Silicon Beach, Sony Studios, Downtown Culver City, and major tech and creative employers ensures consistent tenant demand and long-term appreciation.This asset is ideal for an investor seeking a stable in-place income stream with meaningful value-add upside, minimal unit size risk, and exposure to one of the most resilient rental corridors on the Westside.Investment Highlights*4 units All 2BR / 1BA (high-demand unit mix)*Units rented well below market with strong rent-growth upside*Prime Los Angeles location adjacent to Culver City*Value-add opportunity through rent repositioning and light renovations*Strong long-term appreciation fundamentals driven by Westside supply constraints Read Less
Courtesy of Miller & Desatnik Realty Co. 310-202-9166
Listing Snapshot
Days Online
59
Last Updated
Property Type
Other
Beds
8
Square Ft.
3,136
Lot Size
0.15 Acres
Year Built
1956
MLS Number
26638053
30 Days Snapshot Of 90230
$948k
-20%
(avg) sold price
13
+62%
homes sold
66
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Refrigerator, Range/Oven
Building
3,136 sq ft, Built in 1956, Levels: Two
Cooling
Ceiling Fan
Disclosures
None
Garage
None
Heating
Wall
Lot
LotAcreage: 0.151, LotSizeArea: 6,541
Parking
TotalParking: 0
Property
NumberOfUnits: 4, Zoning: LAR3
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