850 Jefferson BlvdLos Angeles, CA 90011

  • Auto shops
  • 1,804 SF
For Lease
$2/SF/YR View listing

Property Details for 850 Jefferson Blvd

Year built
1927
Construction
TILT-UP CONCRETE
Lot size
0.11 AC
Property size (Sq ft)
1,804 SF
Zone code
LAM1
Property type
Auto shops
APN
5114-001-010
APU
5114001010

Description

This exceptional Los Angeles retail property, located at 850 E Jefferson Blvd, 90011, offers a unique investment opportunity. The property consists of a 9,804 square foot building situated on a 20,296 square foot lot, currently fully vacant and ready for immediate occupancy. Built in 1910 and renovated in 2010, the building features three suites, with a minimum divisible space of 1,804 square feet and a maximum contiguous space of 4,000 square feet. The property is zoned LA CM1-CPIO and boasts robust 400A/480V/3-Phase power. The property's location in Los Angeles County provides excellent access to major transportation routes and a thriving commercial district. With its substantial size, flexible space options, and recent renovations, this property presents a rare chance to establish a strong retail presence in a high-demand area. The property's APN is 5114-001-008

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $768,355
    6.5%
    $709,251
    7%
    $658,590
  • Comparable approach

    Method
    Valuation
    Relative Method
    $864,483
    Geo Method
    $864,483
  • Alternative Use

    Use
    Valuation
    Residential
    $598,280
    Hospitality
    $548,021
    Educational
    $455,947
    Medical
    $471,628
    Retail
    $709,251

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.0134
Longitude
-118.262
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
$1,857
$106,085
$17,666
$123,751
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