Sold

3844 W Slauson Avenue

Los Angeles CA, 90043

$825,000


$272.64 per sqft

Sold

3,026 sqft

Commercial

Built in 1932

Listed by Steven Bogoyevac with Steven M. Bogoyevac, Broker 562-436-5800

The property is a 3,026-square foot 1932 construction with two office spaces and two retail spaces on a 5,663-square foot lot with nine surface parking spaces in the rear. This is an ideal owner/user opportunity or an excellent opportunity for an investor to reposition the property and lease the spaces at market rates on favorable lease terms. Based on market comparables, we estimate the office spaces could each lease for $2,000 per month and the retail spaces for $1,500 per month, totaling $7,000 of monthly rental income.

3844 West Slauson Avenue boasts great retail visibility along a major thoroughfare with traffic volume over 29,000 cars per day, as well as strong demographics with a one-mile population of 35,000 with an average household income over $99,000. Furthermore, the property is in an area that has seen numerous major development projects recently thanks to the new LAX/Crenshaw metro line; the nearest station is just a half-mile east.

PW22231609

MLS ID

October 28, 2022

Listed

March 23, 2024

Updated

Map

3844 W Slauson Avenue
Los Angeles CA, 90043

Interior Features

Total Stories

2


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.13 Acres


Lot Features

Rectangular Lot

Other Property Details

Area Name

PHHT - Park Hills Heights


Days on Market

95


Garage

No


Parking Total

9


View

No


County

Los Angeles


Water Source

Public


Pool

No


Buyer Agency Compensation

2.5%

Listing Contact: 562-436-5800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/23/2024 at 1:37 AM UTC

 

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