5231 Imperial HwyLos Angeles, CA 90045

  • Retail properties
  • 7,000 SF
For Sale
$29,000,000 View listing

Property Details for 5231 Imperial Hwy

Year built
1956
Construction
TILT-UP CONCRETE
Lot size
0.32 AC
Property size (Sq ft)
7,000 SF
Zone code
LAM2
Property type
Retail properties
Property subtype
Auto shops
APN
4129-038-010
APU
4129038010

Description

This exceptional retail property, located at 5231 W Imperial Hwy in Los Angeles, CA 90045, offers a unique opportunity for businesses seeking high-visibility space in a bustling Los Angeles County location. The property encompasses a total of 109,582 square feet on a similarly sized lot, and is currently configured into three separate suites. This allows for flexibility, catering to businesses needing anywhere from 7,010 square feet to a maximum contiguous space of 64,500 square feet. Currently, a significant portion of the property, totaling 86,947 square feet, is available for lease. The property's classification as a multi-tenant retail building suggests a strong potential for synergistic businesses to thrive in close proximity. The address, 5231 W Imperial Hwy, places the property within a high-traffic area of Los Angeles, promising excellent exposure and accessibility for potential tenants. The property's location in Los Angeles County provides access to a large and diverse consumer base. This is an ideal opportunity for businesses seeking a prominent retail presence in a prime Los Angeles location. The substantial available square footage presents a rare chance to establish a significant retail footprint or to subdivide the space to accommodate multiple tenants.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,377,296
    6.5%
    $2,194,427
    7%
    $2,037,682
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,354,422
    Geo Method
    $3,354,422
  • Alternative Use

    Use
    Valuation
    Residential
    $1,851,081
    Hospitality
    $1,695,581
    Educational
    $1,410,703
    Medical
    $1,459,219
    Retail
    $2,194,427
5231 Imperial Hwy, Los Angeles, California

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9313
Longitude
-118.371
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,814
$997,339
$20,897
$1,018,236
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