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1514-1520 E Slauson Ave 0.49 Acres of Residential Land Offered at $3,250,966 CAD in Los Angeles, CA 90011

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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

Redevelopment Opportunity - County will allow up to 78 mixed-use market rate housing units or up to 158 affordable housing units!!!

PROPERTY FACTS

Price $3,250,966 CAD
Sale Type Investment
Sale Conditions
High Vacancy Property
  • Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Community Centre
  • Parking Garage
  • Parking Lot
  • Storefront, Retail or Office
  • Storefront, Retail or Residential
Total Lot Size 0.49 AC
No. Stories 1
Zoning LCM1* - The Mixed Use Transit (MU-T) Zone is intended to create a higher-intensity mixed use transit district with a variety of housing.

1 LOT AVAILABLE

Lot

Price $3,250,966 CAD
Price Per AC $6,618,928.95 CAD
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

PROPERTY TAXES

Parcel Numbers
Multiple
  • 6008-033-004
  • 6008-033-006
  • 6008-033-003
  • 6008-033-005
Land Assessment
$345,632 CAD
Improvements Assessment
$585,373 CAD
Total Assessment
$931,006 CAD
  • Listing ID: 32422116

  • Date on Market: 2024-07-11

  • Last Updated:

  • Address: 1514-1520 E Slauson Ave, Los Angeles, CA 90011

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