1520 Slauson Ave Los Angeles, CA 90011
- Manufacturing properties
- 4,525 SF
- 0.22 lot acres
Current Use by Public Records
- Famcor Fabrics / Wholesaler / Furniture Accessories
Property Details for 1520 Slauson Ave
- Year built
- 1927
- Lot size
- 0.22 lot acres
- Property size
- 4,525 SF
- Zone code
- LCM1*
- Property type
- Manufacturing properties
- APN
- 6008-033-006
- APU
- 6008033006
Description
This exceptional mixed-use property, located at 1520 Slauson Avenue in Los Angeles, CA 90011, presents a compelling owner-user or value-add investment opportunity. The property encompasses a total of 10,575 square feet of improvements situated on a 21,395 square foot lot (APN: 6008-033-006, 6008-033-005, 6008-033-004, 6008-033-003). The asking price is $2,350,000, translating to $222.22 per square foot. The property is zoned MU-T and includes two adjacent industrial buildings (1518 & 1520 Slauson Ave) totaling approximately 10,575 square feet. 1518 Slauson Ave features approximately 6,050 square feet with a bow truss roof, skylights, two offices, two restrooms, a mezzanine, and a steel grade-level barn door. 1520 Slauson Ave is a 4,525 square foot metal building with a wide-open warehouse and one restroom. Additionally, a fully gated yard (1514 & 1516 Slauson Ave) totaling approximately 5,950 square feet is included. The property benefits from high visibility and convenient access to the 110 Freeway, situated in a high-traffic corridor. Currently, the buildings are fully occupied on a month-to-month basis, generating substantial rental income. The existing tenants include a pot maker and an upholstery wholesale distribution company. Changes in zoning present potential for future development. This property offers a rare blend of immediate income and long-term development potential.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $230,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $315,000
- 7%
- $370,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $365,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $330,000
- Retail
- $335,000
- Mixed-Use
- $280,000
- Hospitality
- $325,000
- Educational
- $370,000
- Residential Income
- $300,000
- Energy
- $330,000
- Income-Based Land
- $295,000
- Food Service
- $350,000
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.247
- Latitude
- 33.9891
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
