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1514-1520 E Slauson Ave
0.49 Acres of Industrial Land Offered at $2,350,000 in Los Angeles, CA 90011
Investment Highlights
- Redevelopment Opportunity near the Slauson Station!
- No parking required
- Minutes to 110 FWY
- 78 mixed-use market rate housing units or up to 158 affordable housing units
- High traffic corridor
Executive Summary
Property Facts
Price | $2,350,000 | Property Type | Land |
Sale Type | Investment | Property Subtype | Industrial |
No. Lots | 1 | Total Lot Size | 0.49 AC |
Price | $2,350,000 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Industrial |
Total Lot Size | 0.49 AC |
1 Lot Available
Lot
Price | $2,350,000 | Lot Size | 0.49 AC |
Price Per AC | $4,784,572 |
Price | $2,350,000 |
Price Per AC | $4,784,572 |
Lot Size | 0.49 AC |
Redevelopment Opportunity - Lot size 21,395 SF!
Description
Redevelopment Opportunity! County will allow up to 78 mixed-use market rate housing units or up to 158 affordable housing units!!! No parking is required due to proximity to public transportation. Coldwell Banker Commercial Blair is pleased to list 1514, 1516, 1518, and 1520 East Slauson Avenue For Sale. These properties total approximately 10,575 SF of improvements on approximately 21,395 SF of land. They are fully occupied on a month- to- month basis, which makes these properties perfect for an owner-user or investor. 1514 & 1516 Slauson Ave is a yard that totals approximately 5,950 SF of land. The yard is fully gated and currently rented by a pot maker (paying $1,215 per month) on a month-to-month lease basis. 1518 & 1520 Slauson Ave are two industrial buildings that are adjacent to one another totaling approximately 10,575 SF of improvements. 1518 Slauson Ave is approximately 6,050 which features a bow truss roof with skylights, two private offices, two restrooms, a mezzanine, and a steel grade level barn door in the rear of the building that opens to the alley. 1520 Slauson Ave is a metal building that consists of approximately 4,525 SF of improvements which features a wide-open metal warehouse and has one restroom. The properties have a gated parking lot in front of the building and are currently occupied by an upholstery wholesale distribution company, DBA Famcor Fabrics Inc. (paying approximately $5,500 per month) on a month-to-month lease basis.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $406,990 | |
Land Assessment | $240,308 | Total Assessment | $647,298 |
PROPERTY TAXES
Presented by
1514-1520 E Slauson Ave
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