1438-1452 West Slauson Avenue, Los Angeles, CA 90047
Marcus & Millichap is pleased to present 1438-1452 West Slauson Avenue, a redevelopment opportunity that contains six different parcels totaling in 16,199-square feet of lot size. Located in South Los Angeles, 1438-1452 West Slauson Avenue is near the corner of Normandie and West Slauson Avenue. A combined income of $3,000 is generated with sister property 1420-1424 West Slauson Avenue. With a master lease in place month-to-month, 1438-1452 West Slauson Avenue is a perfect opportunity for a value-add investor to redevelop the site. The property has excellent frontage on a main thoroughfare of West Slauson Avenue, can be accessed through the alley in the back and has easy access to the 10 / 105 / 110 Freeways.
For the first time in decades, billions of dollars are being spent on revitalizing the face of South Los Angeles. Major economic drivers like the new Purple Line Metro Extension, The Rams and Chargers NFL Stadium, and the refurbishing of the Hollywood Park Casino are clear signs of gentrification. The subject property is within minutes of the highly anticipated $4 billion dollar, 3.1 million-square-foot multipurpose venue, including an 80,000-seat stadium. Additionally, Cimarron Plaza is located within two miles of the Forum, one of Los Angeles largest event arenas. These projects bring in a great deal of value and growth in the new transforming Inglewood neighborhood. In a decade or two, South Los Angeles will look radically different bringing great opportunity to owners in the area.
Marcus & Millichap is pleased to present 1438-1452 West Slauson Avenue, a redevelopment opportunity that contains six different parcels totaling in 16,199-square feet of lot size. Located in South Los Angeles, 1438-1452 West Slauson Avenue is near the corner of Normandie and West Slauson Avenue. A combined income of $3,000 is generated with sister property 1420-1424 West Slauson Avenue. With a master lease in place month-to-month, 1438-1452 West Slauson Avenue is a perfect opportunity for a value-add investor to redevelop the site. The property has excellent frontage on a main thoroughfare of West Slauson Avenue, can be accessed through the alley in the back and has easy access to the 10 / 105 / 110 Freeways.
For the first time in decades, billions of dollars are being spent on revitalizing the face of South Los Angeles. Major economic drivers like the new Purple Line Metro Extension, The Rams and Chargers NFL Stadium, and the refurbishing of the Hollywood Park Casino are clear signs of gentrification. The subject property is within minutes of the highly anticipated $4 billion dollar, 3.1 million-square-foot multipurpose venue, including an 80,000-seat stadium. Additionally, Cimarron Plaza is located within two miles of the Forum, one of Los Angeles largest event arenas. These projects bring in a great deal of value and growth in the new transforming Inglewood neighborhood. In a decade or two, South Los Angeles will look radically different bringing great opportunity to owners in the area.
