tomo logo

$1,050,000

Beds
8
sq ft
3,090

1859 W Slauson Ave, Los Angeles, CA 90047

1859 W Slauson Ave

Los Angeles, CA 90047

  • 56 days on market
    • Price drop $95,000↓
Amazing Cap! This 2015-built 2-unit income property is a rare investment opportunity, offering two spacious units, each featuring 4 bedrooms and 2 full bathrooms. Designed for both comfortable living and high rental income, each unit boasts an open-concept layout, modern finishes, and ample natural light. With strong rental demand, this property is perfect for investors seeking steady cash flow or owner-occupants looking to offset mortgage costs by renting out one unit. Located across the street from Chesterfield Square Shopping Center, offering convenient access to shopping, dining, and public transportation. Minutes from major venues for the 2028 LA Olympics - 4 miles from SoFi stadium, 2.7 miles from Exposition Park, and 6.5 miles from Crypto.com Arena.

Details

Property type

Est. home value

$1,098,324

Lot size

3,900 sq ft

Price per sq ft

$340

Year built

2015

HOA

No

Price History

03/26/2025
CLAW

CLAW #25494487

Price change
$1,050,000
-8.3%
03/13/2025
CLAW

CLAW #25494487

Price change
$1,145,000
-0.43%
02/05/2025
CLAW

CLAW #25494487

Listed
$1,150,000
+30.68%

Schools & Community

Neighborhood: 

South Los Angeles

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$332,624
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$633,376
Cash to seller
$332,624

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

New Wave Lendng Group Inc

Loan start date

July 2022

Original loan amount

$660,000

Est. remaining balance

$633,376

Interest rate

5.1%

Loan type

New Conventional, 30 year

Seller

Seungyeob Choi and Ji Young Jun

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/02/2025 at 7:25 PM

Listing updated: 04/02/2025 at 6:11 PM

Listed by: Hye Kyung Hwang, Redpoint Realty Phone #: (213) 380-1500

MLS: CLAW #25494487

CLAW logo

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