1330 5Th StLos Angeles, CA 90017

Property Details for 1330 5Th St

Year built

1965

Construction

CONCRETE

Lot size

0.71 AC

Property size (Sq ft)

59,492 SF

Zone code

LACW

Property type

Retail properties

Property subtype

Parking lots & garages

APN

5152-001-021

APU

5152001021

Description

This exceptional 13,200 square foot flex space, situated on 1.02 acres in Polk County, presents a rare opportunity. Located at 1614 Fuller Rd, on the corner of S 16th Street and Fuller Road near Valley Junction, this property boasts high visibility and convenient access to major thoroughfares like 63rd Street and Grand Avenue. Built in 1968 and meticulously maintained, the building features durable block, brick, and steel construction. The interior offers a 13'9" clear height at the bottom of the joists, ensuring ample space for various operations. Climate control is provided by 100% air conditioning and Reznor gas-fired heating. Two grade-level drive-in doors (one 12'x12' and another 8'w x 10'h) facilitate easy loading and unloading. The property is zoned Heavy Industrial (GI) and benefits from 3-phase power, making it ideal for a wide range of industrial and flex uses. Its prime location within a strong demographic area provides excellent access to a large customer base. The entire 13,200 square feet is currently vacant, offering immediate occupancy for a single tenant. This is an exceptional opportunity to acquire a well-maintained, strategically located industrial property in a thriving West Des Moines market.

• CAP approach

  CAP return

  Valuation

  6%

  $25,794,962

  6.5%

  $23,810,734

  7%

  $22,109,968

• Comparable approach

  Method

  Valuation

  Relative Method

  $28,508,756

  Geo Method

  $28,508,756

• Alternative Use

  Use

  Valuation

  Residential

  $20,085,246

  Hospitality

  $18,397,978

  Educational

  $15,306,901

  Medical

  $15,833,329

  Retail

  $23,810,734

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.0551

Longitude

-118.263

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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