5231 Imperial HwyLos Angeles, CA 90045
- Auto shops
- 7,000 SF
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
- 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%
- $1,846,820
- 6.5%
- $1,704,750
- 7%
- $1,582,990
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,384,360
- Geo Method
- $1,384,360
-
Alternative Use
- Use
- Valuation
- Industrial / Distribution
- $3,320,470
- Mixed-Use / Specialty
- $1,700,280
- Hospitality / Lodging
- $1,249,530
- Office
- $1,691,850
- Institutional / Educational
- $1,768,180
- Residential Income
- $2,068,770
- Multifamily
- $2,472,280
- Automotive / Energy
- $1,515,580
- Parking / Income-Based Land
- $521,425
- Restaurant / Food Service
- $887,750
- Healthcare / Senior Housing
- $1,741,960
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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