676 W Slauson Avenue, Los Angeles, CA 90044
- $1,450,000
Listing courtesy of Listing Agent: Edwin Savadian (edwin@glendalepm.com) from Listing Office: GPM.
- List Price
- $1,450,000
- Status
- ACTIVE
- Days on Market
- 0
- MLS#
- 26991977
- Subtype
- Commercial Sale
- Year Built
- 1924
- Lot Size
- 4,855
- Acres
- 0.11
- MLS Area Major
- Downtown L.A. (C42)
Property Description
Presenting a prime commercial real estate investment opportunity in Los Angeles. Situated on a highly visible corner lot at 676 W Slauson Ave, at the intersection of Slauson Avenue and Bonsallo Avenue, this multi-unit commercial property offers maximum exposure and excellent accessibility. The property features four units that recently became vacant and have since been fully renovated by the owner. Highlighting the demand and strong earning potential of the location, the premier corner vacant unit was recently leased for $3,000 per month. While the property previously generated $12,000 per month when fully occupied, the projected monthly gross income post-renovations is now $14,300 per month. Furthermore, the property provides ample exterior space for prominent signage, offering high-impact branding opportunities for new lessees.
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Additional Information
- Zoning
- LAC2
- Heating
- Central
- Air Conditioning
- Yes
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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, 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.