Flex Space
For Sale
Contact for pricing
1502 W Slauson Ave, Los Angeles, CA 90047
Free-standing office and light industrial flex space with 4,469 SF available at a high-visibility corner location.
Property Size4,469 SF
Price / SF$223.76
Days on Market102
Property Features for 1502 W Slauson Ave
General Information
Standard status
Active
Size
4,469 SF
Property subtype
INDUSTRIAL
Building Details
Buildings
1
Building Size
4,469 SF
Listing Agency:
Kidder Mathews
(213) 225-7224
Listed By:
Heather Isenberg · License #1226464
(213) 225-7224
Source:
Moodyscre
Added: Apr 21
Changed: Jul 30
Last Checked: Jul 31 at 6:50AM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This free-standing flex space combines office and light industrial functionality, with 4,469 SF available for lease or sale. The building is positioned for practical day-to-day use with an office/light industrial configuration.
The property sits on a corner for added street presence and high visibility. It is located minutes from Baldwin Hills Crenshaw Plaza, supporting convenient access for employees and visitors.
Offered with the flexibility of an office/light industrial setup, this building may fit users seeking a single facility that can support both administrative space and light industrial operations.
The property sits on a corner for added street presence and high visibility. It is located minutes from Baldwin Hills Crenshaw Plaza, supporting convenient access for employees and visitors.
Offered with the flexibility of an office/light industrial setup, this building may fit users seeking a single facility that can support both administrative space and light industrial operations.
Key Highlights
- Free‑standing flex space with office and light industrial use
- 4,469 SF available
- Corner location with high visibility
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 | $84.7k | $18.96 |
| − Vacancy | −$5.4k | −$1.21 |
| EGI | $79.3k | $17.75 |
| − OpEx | −$23.8k | −$5.32 |
| NOI | $55.5k | $12.42 |
4,469 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.52M
$1.33M – $1.77M
NOI $106,077 @ 7.0% cap · market cap 10.61%
Second Best
Industrial
$793.1K
$694.0K – $925.3K
NOI $55,517 @ 7.0% cap · market cap 5.55%
Theoretical Best
Multifamily LT 5
$90.54M
$79.22M – $105.63M
NOI $6,337,748 @ 7.0% cap · market cap 633.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,240
Businesses Nearby
Under-served
Demand for This Use
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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Similar Off Market Nearby
- The Sauce Kitchen — 2064 W 66th St, Los Angeles, CA 90047
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Frequently Asked Questions
What type of property is this?
Flex space - Free-standing office and light industrial flex space with 4,469 SF available at a high-visibility corner location.
Where is this flex space located?
The property is located at 1502 W Slauson Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Free‑standing flex space with office and light industrial use; 4,469 SF available; Corner location with high visibility