Multi-Tenant Office Building with Two
For Sale
Contact for pricing
1420-1424 W Slauson Ave Portfolio, Los Angeles, CA 90047
Lender-owned multi-tenant building with two potential second-floor office units, easily accessible to the 110 Fwy via Slauson Ave.
Property Size4,200 SF
Lot Size0.12 Acres
Price / SF$130.95
Days on Market503
Property Features for 1420-1424 W Slauson Ave Portfolio
General Information
Standard status
Active
Size
4,200 SF
Lot size
0.12 Acres
Property subtype
INDUSTRIAL
Additional Details
Highway Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Lee & Associates | Investment Services Group
Listed By:
Matthew C. Sullivan · License #00848427
(213) 623-0800
Source:
Moodyscre
Added: May 1, 2025
Changed: Aug 15
Last Checked: Sep 14 at 11:03AM
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 Lee & Associates | Investment Services Group
Investment Insights
Based on property information with market context.
Lender-owned, multi-tenant office building built as two side-by-side parcels totaling 5,400 SF. The property is configured to support two potential office units on the second floor.
Access is convenient, with easy access to the 110 Fwy via Slauson Ave.
This offering is set up for an office operator or investor looking at a straightforward multi-tenant structure with second-floor suite potential.
Access is convenient, with easy access to the 110 Fwy via Slauson Ave.
This offering is set up for an office operator or investor looking at a straightforward multi-tenant structure with second-floor suite potential.
Key Highlights
- Lender‑owned multi‑tenant office building
- Two side‑by‑side parcels totaling 5,400 SF
- Two potential office units on the second floor
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
$48,448
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
8.81%
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%
$968,960
$969.0K
Cap Rate 7%
$692,114
$692.1K
Cap Rate 9%
$538,311
$538.3K
Market Conditions
NOI Build-Up for 4,200 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
$79.6K $18.96/SF
− Vacancy
−$5.1K −$1.21/SF
EGI
$74.5K $17.75/SF
− OpEx
−$26.1K −$6.21/SF
NOI
$48.4K $11.54/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
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%
$968,960
Cap Rate 7%
$692,114
Cap Rate 9%
$538,311
Alternative Uses
Best Use
Office B
$1.42M
$1.25M – $1.66M
NOI $99,692 @ 7.0% cap · market cap 18.13%
Second Best
Industrial
$745.4K
$652.2K – $869.6K
NOI $52,175 @ 7.0% cap · market cap 9.49%
Theoretical Best
Multifamily LT 5
$85.09M
$74.45M – $99.27M
NOI $5,956,263 @ 7.0% cap · market cap 1,082.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,511
Businesses Nearby
Explore this area
Business Placement
Demographics for 90047, CA
50,154
Population
18,042
Households
2.8
Avg Household Size
39
Median Age
21%
College-Educated
81%
High-School Grad
4.7 sq mi
ZIP Area
10,671
Density / Sq Mi
$70,187
Median Household Income
$39,898
Median Earnings
$1,492
Median Rent
$648,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Lender-owned multi-tenant building with two potential second-floor office units, easily accessible to the 110 Fwy via Slauson Ave.
Where is this office units located?
The property is located at 1420-1424 W Slauson Ave Portfolio Los Angeles, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Lender‑owned multi‑tenant office building; Two side‑by‑side parcels totaling 5,400 SF; Two potential office units on the second floor
