1442 Slauson AveLos Angeles, CA 90047

Property Details for 1442 Slauson Ave

Year built

1930

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

150 SF

Zone code

LACM

Property type

Retail space

APN

6002-004-022

APU

6002004022

Description

This exceptional Los Angeles mixed-use property, located at 1442 W Slauson Ave, presents a compelling redevelopment opportunity. The 14,400 square foot lot encompasses two single-story buildings totaling 4,700 square feet, built in 1930, currently operating as a religious institution with 100% occupancy since November 9, 2022. The property features a Commercial Residential Mixed Use zoning designation, allowing for diverse development options. Situated on a high-traffic street in Los Angeles County, CA (zip code 90047), this location benefits from alley access and proximity to major shopping areas. Future development is enhanced by the planned addition of a nearby Microlink stop. The asking price is $1,875,000, translating to $398.94 per square foot and $133 per square foot for land value. The property consists of six lots and includes two units. All information should be verified independently with the city. This is a 1031 exchange eligible property.

• CAP approach

  CAP return

  Valuation

  6%

  $63,888

  6.5%

  $58,973

  7%

  $54,761

• Comparable approach

  Method

  Valuation

  Relative Method

  $71,880

  Geo Method

  $71,880

• Alternative Use

  Use

  Valuation

  Residential

  $49,746

  Hospitality

  $45,567

  Educational

  $37,911

  Medical

  $39,215

  Retail

  $58,973

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9889

Longitude

-118.302

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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