Office Building with Attractive
For Sale
$1,000,000
3622 Slauson, Los Angeles, CA 90043
Office building with security gate, reception, and multiple offices.
Property Size1,525 SF
Price / SF$655.74
Days on Market262
Property Features for 3622 Slauson
General Information
Standard status
Active
Size
1,525 SF
Property subtype
Office
Amenities
3
Building Details
Year Built
1949
Listing Agency:
GUY HOCKER REALTORS
(310) 679-6225
Listed By:
CARMEN GUZMAN · License #01092481
(310) 594-7931
Source:
Xome
Added: Dec 16, 2025
Changed: Sep 4
Last Checked: Aug 28 at 1:16PM
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 GUY HOCKER REALTORS
Investment Insights
Based on property information with market context.
This building features an attractive front and is equipped with a security gate. The interior includes a reception area, multiple office spaces, a conference room, a kitchenette, and a bathroom. Currently, the property is used as a tax preparation business. The location has a walk score of 77, indicating it is very walkable, a transit score of 56, indicating good transit options, and a bike score of 52, indicating it is bikeable. The adjacent properties at 3618 and 3620 W Slauson are also for sale, offering a double lot. Purchasing all three properties would create a combined three-lot site, potentially suitable for a multi-unit building, subject to city verification and buyer due diligence regarding building options.
Key Highlights
- Excellent Walk Score of 77, enjoy convenient access to nearby amenities.
- Good Transit Score of 56, suggesting readily available public transportation.
- Existing office space includes a reception area, conference room, kitchenette, and bathroom.
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
$36,198
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
3.62%
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%
$723,960
$724.0K
Cap Rate 7%
$517,114
$517.1K
Cap Rate 9%
$402,200
$402.2K
Market Conditions
NOI Build-Up for 1,525 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
$59.3K $38.88/SF
− Vacancy
−$11.0K −$7.23/SF
EGI
$48.3K $31.65/SF
− OpEx
−$12.1K −$7.91/SF
NOI
$36.2K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
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%
$723,960
Cap Rate 7%
$517,114
Cap Rate 9%
$402,200
Alternative Uses
Best Use
Office B
$517.1K
$452.5K – $603.3K
NOI $36,198 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.90M
$27.03M – $36.04M
NOI $2,162,691 @ 7.0% cap · market cap 216.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,120
Businesses Nearby
Explore this area
Business Placement
Demographics for 90043, CA
46,179
Population
18,307
Households
2.5
Avg Household Size
41
Median Age
31%
College-Educated
85%
High-School Grad
4.1 sq mi
ZIP Area
11,263
Density / Sq Mi
$65,496
Median Household Income
$42,077
Median Earnings
$1,424
Median Rent
$867,800
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 - Office building with security gate, reception, and multiple offices.
Where is this office units located?
The property is located at 3622 Slauson 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: Excellent Walk Score of 77, enjoy convenient access to nearby amenities.; Good Transit Score of 56, suggesting readily available public transportation.; Existing office space includes a reception area, conference room, kitchenette, and bathroom.
