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Renovated Flex Space Facility
For Sale
$4,350,000

2728 N Slater Ave, Compton, CA 90222

Industrial property with upgraded offices, building systems, and a secured yard for manufacturing, distribution, or storage operations.

Property Size22,000 SF
Lot Size0.98 Acres
Price / SF$197.73
Days on Market89

Property Features for 2728 N Slater Ave

General Information

Standard status Active
Size 22,000 SF
Class B
Lot size 0.98 Acres
Property subtype Industrial - Manufacturing

Site & Location

Highway Access Yes
Fenced Yard Yes

Building Details

Building Size 22,000 SF
Year Built 1957
Buildings 1
Listing Agency: Lee & Associates
Listed By: Bret Osterberg · License #01364530
Source: Commercialcafe
Added: Jul 18 Changed: Oct 4 Last Checked: Oct 12 at 4:51PM

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 Insights

Based on property information with market context.

This flex space property includes approximately 22,000 square feet within an approximately 42,523-square-foot lot. The industrial facility has undergone extensive renovations, including an improved office buildout and upgraded building systems. A secured yard area adds functional outdoor space for operations and site control. The property is zoned ML and supports manufacturing, distribution, and storage uses identified in the marketing information.

Located in Compton, California, the facility is positioned near the 105 and 110 freeways, providing access to regional transportation routes and logistics corridors across Los Angeles County. The improvements combine industrial operating space, office components, and secured yard functionality in a single asset.

Key Highlights

  • Approximately 22,000 square feet of industrial space
  • Approximately 42,523‑square‑foot lot
  • Extensively renovated facility with improved office buildout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$286,263
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,725,260 $5.7M
Cap Rate 7%
$4,089,471 $4.1M
Cap Rate 9%
$3,180,700 $3.2M
Market Conditions
NOI Build-Up for 22,000 SF
Gross rent
$353.8K $16.08/SF
− Vacancy
−$17.0K −$0.77/SF
EGI
$336.8K $15.31/SF
− OpEx
−$50.5K −$2.30/SF
NOI
$286.3K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,725,260
Cap Rate 7%
$4,089,471
Cap Rate 9%
$3,180,700

Alternative Uses

Best Use
Warehouse
$4.09M
$3.58M – $4.77M (±1% cap)
NOI $286,263 @ 7.0% cap · market cap 6.58%
Second Best
Industrial
$3.67M
$3.21M – $4.28M (±1% cap)
NOI $257,094 @ 7.0% cap · market cap 5.91%
Theoretical Best
Office A
$11.78M
$10.31M – $13.74M (±1% cap)
NOI $824,510 @ 7.0% cap · market cap 18.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant Dental Office Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

850
Businesses Nearby
Under-served
Demand for This Use

Demographics for 90222, CA

32,397
Population
8,874
Households
3.7
Avg Household Size
32
Median Age
12%
College-Educated
64%
High-School Grad
2.7 sq mi
ZIP Area
11,999
Density / Sq Mi
$76,467
Median Household Income
$35,102
Median Earnings
$1,485
Median Rent
$552,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Just Sweet and Simple Catering — 1924 w 133rd st, compton, ca 90222

Frequently Asked Questions

What type of property is this?
Flex space - Industrial property with upgraded offices, building systems, and a secured yard for manufacturing, distribution, or storage operations.
Where is this flex space located?
The property is located at 2728 N Slater Ave Compton, CA.
What is the asking price?
The asking price for this property is $4,350,000.
What are key features of this property?
This property features: Approximately 22,000 square feet of industrial space; Approximately 42,523‑square‑foot lot; Extensively renovated facility with improved office buildout
More about this property
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