Right. Like in Slater, Part The Sagittarius Strangler.

6 seconds sound clip from the Last Action Hero movie soundboard.

You can hear this line at 01:03:52 in the Blu-ray version of the movie.

Quote context

[...]

- Leo the Fart was shot yesterday. Somebody was trying for Torelli and missed.

- Leo was tough. He could do everything but sneak up on you.

- Look, look, if you change your mind, I'll be in front of the hotel.

- Where are we, anyway?

- Home.

- Geez! How did you know there was a guy in there?

- There's always a guy in there. Costs me a fortune in closet doors.

- Right. Like in Slater, Part The Sagittarius Strangler.

- Yeah, in a few seconds, you're gonna meet the Madigan strangler.

- I just got fired. What you find so entertaining happens to be my life.

- Now I'm not even a cop any more.

- You'll get your badge back. He was just pulling rank because you destroyed more of the city than usual.

[...]