Zoned LM2 Industrial Warehouse
For Sale
$595,000
1837 E Slauson Avenue, Los Angeles, CA 90058
COMMERCIAL - Los Angeles, CA
Property Size2,500 SF
Price / SF$238
Days on Market208
Property Features for 1837 E Slauson Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
S Alameda St & Randolph St
Subdivision
699 - Not Defined
Standard status
Active
APN
5105024016
Building Details
Year built
1932
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(562) 494-4600
Listed By:
Christina Hawkins · License #01819909
(562) 544-1756
Added: Jan 21
Changed: Aug 4
Last Checked: Aug 17 at 5:06PM
MLS# PW26014829
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This property is a manufacturing-zoned industrial asset consisting of two separate warehouse units, each with its own address. The units are configured to allow independent operation, with street and alley access supporting flexible loading and entry. Each unit includes a roll-up door, and the property offers 400 amps of single-phase power.
The site is located at 1837 E Slauson Avenue in Los Angeles, CA 90058, and it provides both street and alley access, which can be helpful for accommodating different delivery and service patterns for each unit. The listing notes LM2 zoning, establishing the intended manufacturing and industrial use framework for the property.
For tenants, buyers, or operators looking for standalone industrial space, the separate addresses and roll-up doors support day-to-day independence. The 400-amp single-phase electrical supply and LM2 manufacturing zoning make this configuration relevant for industrial users that need direct loading access and dedicated unit separation.
The site is located at 1837 E Slauson Avenue in Los Angeles, CA 90058, and it provides both street and alley access, which can be helpful for accommodating different delivery and service patterns for each unit. The listing notes LM2 zoning, establishing the intended manufacturing and industrial use framework for the property.
For tenants, buyers, or operators looking for standalone industrial space, the separate addresses and roll-up doors support day-to-day independence. The 400-amp single-phase electrical supply and LM2 manufacturing zoning make this configuration relevant for industrial users that need direct loading access and dedicated unit separation.
Key Highlights
- Two separate units with individual addresses, offering flexibility for rental income or owner occupancy.
- Zoned LM2 manufacturing, suitable for various business operations.
- Substantial 400 amps of single‑phase power, accommodating industrial equipment.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$37,711
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$754,220
$754.2K
Cap Rate 7%
$538,729
$538.7K
Cap Rate 9%
$419,011
$419.0K
Market Conditions
NOI Build-Up for 2,500 SF
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.
Gross rent
$47.4K $18.96/SF
− Vacancy
−$3.0K −$1.21/SF
EGI
$44.4K $17.75/SF
− OpEx
−$6.7K −$2.66/SF
NOI
$37.7K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$754,220
Cap Rate 7%
$538,729
Cap Rate 9%
$419,011
Alternative Uses
Best Use
Warehouse
$538.7K
$471.4K – $628.5K
NOI $37,711 @ 7.0% cap · market cap 6.34%
Second Best
Industrial
$443.7K
$388.2K – $517.6K
NOI $31,056 @ 7.0% cap · market cap 5.22%
Theoretical Best
Multifamily LT 5
$50.65M
$44.32M – $59.09M
NOI $3,545,395 @ 7.0% cap · market cap 595.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,400
Businesses Nearby
Explore this area
Business Placement
Demographics for 90058, CA
3,751
Population
1,179
Households
3.2
Avg Household Size
31
Median Age
22%
College-Educated
58%
High-School Grad
5.8 sq mi
ZIP Area
647
Density / Sq Mi
$36,680
Median Household Income
$24,594
Median Earnings
$1,030
Median Rent
$456,500
Median Home Value
Market
Vacancy Rate% for Industrial in Los Angeles, CA
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Two warehouse units with roll-up doors, street and alley access, and 400 amps of single-phase power in LM2 zoning.
Where is this manufacturing property located?
The property is located at 1837 E Slauson Avenue Los Angeles, CA.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two separate units with individual addresses, offering flexibility for rental income or owner occupancy.; Zoned LM2 manufacturing, suitable for various business operations.; Substantial 400 amps of single‑phase power, accommodating industrial equipment.
