3601 Slauson AveLos Angeles, CA 90043

Property Details for 3601 Slauson Ave

Year built

1938

Construction

WOOD

Lot size

0.39 AC

Property size (Sq ft)

5,669 SF

Zone code

LAC2

Property type

Car washes

APN

5007-023-011

APU

5007023011

Description

This exceptional Los Angeles car wash presents a rare investment opportunity. Located at 3601 W Slauson Ave, this 5,669 square foot facility sits on a 17,190 square foot lot at the signalized corner of Slauson and West Ave, within a high-traffic, densely populated area. Currently operating at 100% occupancy, the property is zoned LA C2 and offers significant potential for expansion and increased revenue. Its prime location in a well-established retail corridor, surrounded by residential and commercial businesses, makes it an attractive proposition for owner-users, investors, and developers. The existing full-service car wash is ideally suited for conversion to an express wash, capitalizing on the high demand and limited new supply in this infill submarket adjacent to View Park-Windsor Hills. The property's APN is 5007-023-011. This turnkey operation provides immediate income and substantial upside potential. All information should be independently verified by the buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $2,414,527

  6.5%

  $2,228,794

  7%

  $2,069,594

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,716,603

  Geo Method

  $2,716,603

• Alternative Use

  Use

  Valuation

  Residential

  $1,880,071

  Hospitality

  $1,722,135

  Educational

  $1,432,796

  Medical

  $1,482,072

  Retail

  $2,228,794

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9892

Longitude

-118.336

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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