Manufacturing Property with Two
For Sale
$595,000
1837 E Slauson Ave, Los Angeles, CA 90058
Two-unit manufacturing property with street and alley access.
Property Size2,200 SF
Price / SF$238
Days on Market116
Property Features for 1837 E Slauson Ave
General Information
Standard status
Active
Size
2,200 SF
Property subtype
Industrial
Building Details
Building Size
2,200 SF
Year Built
1932
Listing Agency:
Coldwell Banker Coastal Alliance
(562) 544-1756
Listed By:
Christina Hawkins · License #01819909
Source:
Elliman
Added: Apr 24
Changed: Aug 13
Last Checked: Aug 17 at 9:06AM
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 Coldwell Banker Coastal Alliance
Investment Insights
Based on property information with market context.
This property features a total of 2,500 square feet, divided into two units with separate addresses. The location provides both street and alley access. Each unit is equipped with a roll-up door. The property is zoned LM2 for manufacturing and supplied with 400 amps of single-phase power. The bike score is 67, indicating it is bikeable. The walk score is 70, meaning it is somewhat walkable, and the transit score is 59, indicating good transit options. This property is presented as a rental investment opportunity.
Key Highlights
- Two separate units with individual addresses.
- Zoned LM2 manufacturing.
- 2,500 square feet total.
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
$31,056
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
5.22%
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%
$621,120
$621.1K
Cap Rate 7%
$443,657
$443.7K
Cap Rate 9%
$345,067
$345.1K
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
−$13.3K −$5.32/SF
NOI
$31.1K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
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%
$621,120
Cap Rate 7%
$443,657
Cap Rate 9%
$345,067
Alternative Uses
Best Use
Industrial
$443.7K
$388.2K – $517.6K
NOI $31,056 @ 7.0% cap · market cap 5.22%
Second Best
Flex RnD
$412.0K
$360.5K – $480.6K
NOI $28,838 @ 7.0% cap · market cap 4.85%
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
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-unit manufacturing property with street and alley access.
Where is this manufacturing property located?
The property is located at 1837 E Slauson Ave 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.; Zoned LM2 manufacturing.; 2,500 square feet total.
