For Sale
$800,000

3531 Slauson AveMaywood, CA 90270

High-return Maywood storefront, two units.

Overview

Added:
Dec 11, 2024
Days on market:
115
This Maywood, CA commercial building presents a compelling investment opportunity. Located at 3531 E Slauson Ave, this 3,000 square foot, Class B storefront property sits on a 6,334 square foot lot and boasts 100% occupancy with two units. Built in 1924 and renovated in 2016, including a new roof two years ago, the property features a gross lease structure and multi-tenancy. Currently generating a $38,988 NOI with a 4.87% cap rate, the pro-forma NOI is projected at $53,988 and a 6.75% cap rate, reflecting significant rental upside potential due to month-to-month leases. The permitted MYCM zoning allows for both commercial and manufacturing uses. One unit is a furniture manufacturing and storefront, while the other is currently used as a church. The asking price is $800,000 ($266.67/sq ft), with a land value of $126/sq ft. High foot traffic and a prime location in a growing city contribute to this property's strong investment potential. This is a rare opportunity to acquire a stabilized, owner-user investment in a desirable location with substantial upside.

Highlights

  • High foot traffic location.
  • Rare MYCM zoning allowing commercial and manufacturing uses.
  • Significant rental upside potential with month-to-month leases and projected NOI increase to $53,988 and 6.75% cap rate.
  • Located in the growing city of Maywood.

Property Details for 3531 Slauson Ave

Property type
Retail properties, Retail space
Square Feet
3,000 SF
Class
B
Year Built/Renovated
1924/2016
Stories
1
Units
2

Location Insight

City
Maywood
County
Los Angeles
State
California
Latitude
33.988831588739
Longitude
-118.20173989013
3531 Slauson Ave, Maywood, California

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
3531 Slauson Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message