1442 W SLAUSON Avenue, Los Angeles, CA 90047
- Added:
- Apr 26, 2022
- Days on Market:
- 1513
- Last Refresh:
- Jun 16 at 11:06 am
Property Features for 1442 W SLAUSON Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- APN
- 6002004022
- Size
- 4,700 SF
Building Details
- Year built
- 1930
- Architectural style
- Other
Listing agent KENNETH KELLEY License #00367310 (951) 684-4881
Listing office COAST AND COUNTRY REAL ESTATE 4099 BROCKTON AVENUE, RIVERSIDE, CA (951) 684-4881
Listing date Apr 26, 2022
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HighLights
- High traffic location ideal for major commercial development project.
- Future Microlink line in front of the property.
- Microlink stop within half a block.
- Zoned commercial and close to major shopping.
- Property includes 6 lots with alley access.
- Current rental income of $7500 per month.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $173.7k | $36.96 |
| − Vacancy | −$17.9k | −$3.81 |
| EGI | $155.8k | $33.15 |
| − OpEx | −$46.7k | −$9.95 |
| NOI | $109.1k | $23.21 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.30175
- Latitude
- 33.98899