Vacant Slauson Avenue Commercial
1420 & 1424 W Slauson Ave Los Angeles, CA 90047
1420 & 1424 W Slauson Ave, Los Angeles, CA, 90047
$575,000
For Sale
$575,000
Two parcels with a vacant two-story building totaling 5,400 SF.
Property Size4,200 SF
Price / SF$136.90
Days on Market233
Property Features for 1420 & 1424 W Slauson Ave
General Information
- Standard status
- Active
- Size
- 4,200 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 1950
Listing Agency
(213) 623-0800
Listed by
Matthew Sullivan
Source
Lee-associates
Added: Nov 26, 2025 Checked: Jul 17 at 3:37 am
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Matthew Sullivan
Investment Insights
Based on property information with market context.
Located in South Los Angeles, the property at 1420 & 1424 W Slauson Avenue consists of two side-by-side parcels totaling 5,400 square feet. One parcel, located at 1420 W Slauson Avenue, is vacant and boarded up from Slauson Avenue. The other parcel, at 1424 W Slauson Avenue, features a vacant two-story building with approximately 4,200 square feet. The building includes an estimated 1,168 square feet of commercial or manufacturing space on the first floor, with two potential office units on the second floor. Both parcels are accessible via an alley. Situated near the southwest corner of Normandie Avenue and West Slauson Avenue, the property offers convenient access to the 110 Freeway, connecting it to Downtown Los Angeles, Long Beach, and Greater Los Angeles. The property is located directly across from the Slauson Corridor Bike/Walk Path, currently under construction as part of the Rail-to-River project. This dedicated path will include shade trees, drought-tolerant landscaping, lighting, bus stop improvements, and improved intersection crossings. The future Lucas Museum of Narrative Art will be an 11-acre campus with extensive new green space designed by Studio-MLA. The museum’s 300,000-square-foot building, will feature expansive galleries, two state-of-the-art theaters, and dedicated spaces for learning and engagement, dining, retail, and events.
Key Highlights
- Two parcels totaling 5,400 SF offer a mixed‑use, value‑add opportunity.
- Vacant +/-4,200 SF two‑story building with commercial/manufacturing space and potential office units.
- Excellent visibility on Slauson Avenue in a major street location.
Local Financial Insights For Industrial
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 | $79.6k | $18.96 |
| − Vacancy | −$5.1k | −$1.21 |
| EGI | $74.5k | $17.75 |
| − OpEx | −$22.4k | −$5.32 |
| NOI | $52.2k | $12.42 |
4,200 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Industrial
$745.4K
$652.2K – $869.6K
NOI $52,175 @ 7.0% cap · market cap 9.07%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$85.09M
$74.45M – $99.27M
NOI $5,956,263 @ 7.0% cap · market cap 1,035.87%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Manufacturing properties
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - Two parcels with a vacant two-story building totaling 5,400 SF.
Where is this manufacturing property located?
The property is located at 1420 & 1424 W Slauson Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two parcels totaling 5,400 SF offer a mixed‑use, value‑add opportunity.; Vacant +/-4,200 SF two‑story building with commercial/manufacturing space and potential office units.; **Excellent visibility on Slauson Avenue in a major street location.**
