3430 W Slauson Avenue, Los Angeles, CA, 90043

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$1,010,000
8 Days On Site

3430 W Slauson Avenue
Los Angeles, CA 90043

For Sale|Residential Income|Active
4
Beds
3
Total Baths
2,353
SqFt
$429
/SqFt
1913
Built
County:
Los Angeles
Listed by Sevak Keshishian of Marcus & Millichap skeshishian@marcusmillichap.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
3430 W Slauson Avenue3430 W Slauson Avenue3430 W Slauson Avenue3430 W Slauson Avenue
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Monthly Payment (Est.)

$4,608
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We are pleased to present 3430 W. Slauson Avenue, a unique housing and redevelopment opportunity in the Hyde Park neighborhood of South Los Angeles. The property is currently operated as HighWay House, an affordable boarding/transitional housing residence affiliated with HighWay Ministries, a 501(c)(3) nonprofit public benefit corporation that has operated since 2008. The offering also provides the opportunity to potentially assume ownership of the existing 501(c)(3) nonprofit housing operation.The property currently accommodates 9 residents across 7 bedrooms and 2 RVs and includes 2 full bathrooms, a community kitchen, and a ground-floor church/community space with an additional half bathroom. The two seller-owned RVs may also be included in the sale at the sellers' discretion.An experienced operator may evaluate a variety of specialized housing uses, including transitional housing, sober living/recovery housing, supportive housing, independent living, assisted living, and group housing. The existing nonprofit structure may also provide opportunities to explore government programs, supportive-housing contracts, grants, insurance reimbursement, and other public or private funding sources.Alternatively, the property offers significant redevelopment potential. The 5,951 SF site is zoned LAC2 and located within TOC Tier 4, with an estimated density of approximately 15 units by-right and approximately 27 units utilizing TOC incentives. A developer may also evaluate a 100% affordable housing development utilizing ED-1 and other applicable density incentives, potentially allowing for greater density.Buyer to independently verify all zoning, density, TOC, ED-1, nonprofit/entity, licensing, permitting, occupancy, funding, and development information.

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Listing Snapshot
Price 
$1,010,000
Days On Site 
8 Days
Bedrooms 
4
Inside Area (SqFt) 
2,353 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1366 Acres
Year Built 
1913
MLS® Number 
26987213
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
yesterdayListing updated with changes from the MLS®
a week agoListing first seen on site
General Features
Acres 
0.1366
Levels 
Two
Special Circumstances 
Standard
SqFt Total 
2353
Zoning 
LAC2
Interior Features
Heating 
Wall Furnace
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Community Features
MLS Area 
PHHT - Park Hills Heights


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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