This exceptional 7,115 square foot retail property, located at 4000 E Slauson Ave in Maywood, California, presents a unique owner-user or investment opportunity. The property boasts three units totaling 7,115 square feet situated on a 10,232 square foot lot. Unit A, approximately 4,500 square feet, is currently leased until September 30, 2024, generating $5,400 in monthly rent. Unit B, approximately 1,500 square feet, is currently vacant, offering immediate potential for lease income or owner occupancy. Unit C, approximately 1,250 square feet, is currently leased month-to-month for $2,500. The property features eight gated parking spaces, a significant advantage in this high-traffic area. This signalized corner lot property benefits from a Walk Score of 88, indicating excellent pedestrian accessibility. Recent improvements include a new roof, tile, bathrooms, asphalt paving, and upgrades to some plumbing and electrical systems. The property is zoned MYC1YY and was built in 1946. The asking price for this prime retail location is $1,500,000. This presents a rare chance to acquire a well-maintained, high-visibility retail center in a thriving Los Angeles County market. The short-term leases provide flexibility for future development or income generation.
Highlights
Three units: 4,500 SF (Unit A, $5,400/month, lease expires 9/30/24), 1,500 SF (Unit B, vacant), and 1,250 SF (Unit C, $2,500/month).
High-visibility corner lot with signalized intersection.
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