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$975,000
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Property Description
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 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
Full Property Details
Full Property Details for 5031 S Slauson Ave
General
- Sold For: $975,000
- Status: Closed
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26638053
- Added to Site: 79 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 8
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Palms - Mar Vista
- County: Los Angeles
- Driving Directions: On Slauson South of Braddock Drive Just North of Ballona Creek
Heating & Cooling
- Cooling Type: Ceiling Fan
- Heating Type: Wall
Structural Information
- # Buildings: 1
- Stories/Levels: 2
- Square Feet: 3,136
- Sq. Ft. Source: Assessor
- Year Built: 1956
- Year Built Source: Assessor
Unit Information
- Units in Complex: 4
- Unit Type: 2106, 2107, 2108, 2109
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.151
- Lot Size: 6541
- Lot Size Source: Assessor
- Zoning: LAR3
Financial Considerations
- Price Per Sq. Ft.: $381.06
- Assessment Year: 1956
Disclosures and Reports
- Disclosures/Reports: None
- APN: 4218-017-008
Listed by Miller & Desatnik Realty Co., David Miller
Sold by Miller & Desatnik Realty Co., Errol Spiro
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Schools
Schools serving 5031 S Slauson Ave
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Stoner Avenue Elementary School 11735 Braddock Drive, Culver City, CA 90230 | PK-5 | 0.3 mi |
Marina Del Rey Middle School 12500 Braddock Drive, Los Angeles, CA 90066 | 6-8 | 0.9 mi |
Venice Senior High School 13000 Venice Boulevard, Los Angeles, CA 90066 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5031 S Slauson Ave
Date
Details
Price
Change
Source
3/24/2026
Sold
$975,000
-18.41%
MLS
1/14/2026
Listed
$1,195,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
5031 S Slauson Ave, Los Angeles, CA 90230 (MLS# 26638053) is a Multi-Family property that was sold at $975,000 on March 24, 2026. Want to learn more about 5031 S Slauson Ave? Do you have questions about finding other Multi-Family real estate for sale in Mar Vista? You can browse all Mar Vista real estate or contact a Coldwell Banker agent to request more information.

