RealKey
‪(213) 433-7766‬

5034 W Slauson Avenue, Ladera Heights, California 90056, Ladera Heights, 90056 - bed, bath

5034 W Slauson Avenue, Ladera Heights, California 90056 home-pic-0
ACTIVE$1,995,000
5034 W Slauson Avenue, Ladera Heights, California 90056
0Bed
0Bath
5,168Sqft
9,459Lot
Year Built
1959
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$386
HOA
-
Days on market
-
Sold On
-
MLS number
SB25240088
Home ConditionPoor
Features
View-

About this home

We found 3 Cons,6 Pros. Rank: price - $2.00M(50th), sqft - 5168(50th), beds - undefined(50th), baths - undefined(50th).

Extremely Rare Triplex in highly sought after Ladera Heights now with fully Approved Plans! This is an investor's dream to have a fully vacant income property delivered with approved plans for the remodel. Bring your contractor and start right away on the remodel. Located near the La Cienega corridor this Triplex property contains 3 large units of 1500-2000 sq ft. each. Approved plans call for adding a bedroom and bath to each existing floor-plan without adding square footage. The end result with be Two - 3 bedroom 3 bath units and One - 4 bedroom 3 bath unit, totaling almost 5200 sq ft. Each unit is very open and spacious and have their own two car garage parking. The is a great location close to the freeway for commuter access, or about 10 minutes to LAX, 8 minutes to SoFi, all along the newly redeveloped part of La Cienega and Slauson Ave. Once your renovation is complete you will be able to secure the very top of the market in rents. Property will be delivered fully vacant with interior demo having already been completed on 2 of the 3 units. Please call to schedule your private viewing.

Nearby schools

3/10
Windsor Hills Math Science
Public,•K-5•0.9mi
8/10
El Rincon Elementary School
Public,•K-5•1.5mi
5/10
Westport Heights Elementary School
Public,•K-5•1.9mi
3/10
Hillcrest Drive Elementary School
Public,•K-5•2.1mi
6/10
Baldwin Hills Elementary School
Public,•K-5•2.4mi
9/10
Farragut Elementary School
Public,•K-5•2.4mi
3/10
Parent (Frank D.) Elementary School
Public,•K-8•0.6mi
7/10
Culver City Middle School
Public,•6-8•2.4mi
4/10
Orville Wright Engineering And Design Magnet
Public,•6-8•2.5mi
2/10
Audubon Middle School
Public,•6-8•2.6mi
2/10
Inglewood High School
Public,•9-12•1.9mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•2.2mi
8/10
Culver City High School
Public,•9-12•2.5mi
2/10
Susan Miller Dorsey Senior High School
Public,•9-12•2.7mi
4/10
Westchester Enriched Sciences Magnets
Public,•9-12•3.9mi

Price History

Date
Event
Price
10/28/25
Listing
$1,995,000
01/04/19
Sold
$888,000
04/05/07
Sold
$1,300,000
09/26/05
Sold
$1,000,000
01/29/01
Sold
$600,000
Condition Rating
Poor
Built in 1959, this property is explicitly described as requiring a 'full remodel' with 'interior demo having already been completed on 2 of the 3 units.' This indicates that the property is not livable in its current state for at least two-thirds of its units, and all interior components such as kitchens, bathrooms, flooring, and systems are either demolished or in need of complete replacement. While approved plans for renovation exist, the current condition necessitates substantial repairs and rehabilitation, aligning with the 'Poor' category rather than a full 'Tear-down' as the structure is intended for remodel, not complete demolition.
Pros & Cons

Pros

Great Schools: Elementary School: Farragut Elementary School (9/10).
Approved Renovation Plans: The property comes with fully approved plans for adding bedrooms and bathrooms to each unit, significantly streamlining the development process for an investor.
High Income Potential: Delivered fully vacant, this triplex offers the opportunity to achieve top-of-market rents post-renovation, maximizing rental income and return on investment.
Prime Location & Accessibility: Strategically located in Ladera Heights near the La Cienega corridor, offering excellent freeway access, proximity to LAX (10 mins), and SoFi Stadium (8 mins), appealing to a broad tenant base.
Spacious Units with Desirable Layouts: The property features three large units (1500-2000 sq ft each) with approved plans to convert them into highly sought-after 3-bedroom/3-bathroom and 4-bedroom/3-bathroom configurations.
Individual Garage Parking: Each unit benefits from its own two-car garage, a valuable amenity that enhances tenant appeal and rental value in the competitive Los Angeles market.

Cons

Extensive Renovation Required: Despite approved plans and partial demolition, the property requires significant capital investment and time for a full remodel, indicating it is not move-in or rent-ready.
High Total Investment: The list price of $1.995M represents a substantial upfront cost, which will be further increased by the necessary renovation expenses, leading to a high total investment for the buyer.
Older Property Condition: Built in 1959, the property's age suggests potential for underlying infrastructure issues or additional renovation needs beyond the planned scope, which could increase project complexity and cost.

Best solution for experienced home buyers!

Data-driven home buying experience with our licensed real estate agents and cutting-edge AI

Browse Properties by State Browse housing market trends by state