14520 Delano StLos Angeles, CA 91411

Property Details for 14520 Delano St

Year built

1929

Property size (Sq ft)

5,000 SF

Property type

Retail properties

Property subtype

Auto shops

Description

This exceptional 5,000-square-foot auto shop, located at 14520 Delano Street in Los Angeles, CA 91411, presents a unique investment opportunity. The property, built in 1929 and extensively renovated in 2023, sits on a 7,545-square-foot lot and boasts a permitted spray booth, making it ideal for various automotive uses including body repair, painting, service, parts sales, or even light industrial/distribution. Currently vacant, this single-story building offers high ceilings and is zoned LAC2, allowing for a range of permitted uses. The asking price is $2,500,000, translating to $500 per square foot. The land value alone is $331 per square foot. Strategically located with high visibility, the property benefits from significant daily traffic volume on Delano Street and Van Nuys Boulevard, and its proximity to the 405 freeway ensures easy access. The surrounding area boasts a strong demographic profile, with a large population and high average household income. SBA 504 financing options are available, making this a compelling owner-user opportunity. This fee-simple property offers significant potential for a savvy investor or business owner seeking a prime location in a high-barrier-to-entry market.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1824

Longitude

-118.45

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