4000 Slauson AveMaywood, CA 90270

Property Details for 4000 Slauson Ave

Year built

1946

Construction

TILT-UP CONCRETE

Lot size

0.23 AC

Property size (Sq ft)

7,030 SF

Zone code

MYC1YY

Property type

Retail space

APN

6312-028-005

APU

6312028005

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $2,968,847

  6.5%

  $2,740,474

  7%

  $2,544,726

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,368,798

  Geo Method

  $3,368,798

• Alternative Use

  Use

  Valuation

  Residential

  $2,311,693

  Hospitality

  $2,117,498

  Educational

  $1,761,734

  Medical

  $1,822,322

  Retail

  $2,740,474

Location Insight

City

Maywood

County

Los Angeles

State

California

Latitude

33.9878

Longitude

-118.194

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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