3020 Slauson AveLos Angeles, CA 90043
- Retail properties
- 1,716 SF
Property Details for 3020 Slauson Ave
- Year built
- 1928
- Construction
- WOOD
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 1,716 SF
- Zone code
- LAC2
- Property type
- Retail properties
- Property subtype
- Auto shops
- APN
- 4005-010-001
- APU
- 4005010001
Description
This exceptional Los Angeles retail investment opportunity presents a 100% occupied, multi-tenant property located at 3020 W Slauson Ave, Los Angeles, CA 90043. The property consists of two buildings totaling 1,716 square feet on a 6,660 square foot lot, zoned for retail mixed use. Currently housing a mini-market with a drive-through window and a recording studio, the property offers significant potential. Built in 1928, the single-story buildings boast excellent visibility at a signalized intersection of Slauson Avenue and 8th Street, ensuring high traffic flow. The mini-market's existing drive-through window adds to its convenience and appeal. Plans are available to connect the two buildings, adding approximately 1,700 square feet for a total of roughly 3,416 square feet, ideal for expansion or redevelopment. The asking price is $1,390,000, translating to $810.02 per square foot. The property features ingress and egress on both Slauson Avenue and 8th Street. This is a Class C property with two units and no tenant credit rating. The Los Angeles County Assessor's Parcel Number (APN) is 4005-010-0001. This is an owner/user investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $730,875
- 6.5%
- $674,653
- 7%
- $626,464
-
Comparable approach
- Method
- Valuation
- Relative Method
- $822,313
- Geo Method
- $822,313
-
Alternative Use
- Use
- Valuation
- Residential
- $569,095
- Hospitality
- $521,288
- Educational
- $433,706
- Medical
- $448,622
- Retail
- $674,653
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 33.9888
- Longitude
- -118.326
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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].