Two-Unit Manufacturing
For Sale
$595,000
1837 E Slauson Avenue, Los Angeles, CA 90058
Commercial Sale, Los Angeles, CA
Property Size2,500 SF
Price / SF$238
Days on Market222
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 19
Last Checked: Aug 31 at 10:06AM
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 manufacturing property contains 2,500 square feet across two units, each identified by a separate address. Both units include a roll-up door, and the building is served by 400 amps of single-phase power. Constructed in 1932, the property is zoned LM2 for manufacturing use.
Access is available from both the street and alley, providing two points of entry to the Los Angeles property. The two-unit configuration offers distinct spaces within one commercial asset, with separate addresses supporting independent occupancy or operational use.
Access is available from both the street and alley, providing two points of entry to the Los Angeles property. The two-unit configuration offers distinct spaces within one commercial asset, with separate addresses supporting independent occupancy or operational use.
Key Highlights
- 2,500 square feet across 2 units
- Separate addresses for each unit
- 400 amps of single‑phase power
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
1,366
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
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Frequently Asked Questions
What type of property is this?
Manufacturing property - LM2-zoned facility with separate units, individual addresses, and street and alley access.
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: 2,500 square feet across 2 units; Separate addresses for each unit; 400 amps of single‑phase power
