12217 Montague StLos Angeles, CA 91331

  • Warehouses
  • 1,604 SF
For Sale
$2,585,543 View listing

Property Details for 12217 Montague St

Year built
1950
Construction
WOOD
Lot size
0.40 AC
Property size (Sq ft)
1,604 SF
Zone code
LAM2
Property type
Warehouses
APN
2537-002-006
APU
2537002006

Description

This exceptional 0.4-acre industrial land parcel, located at 12217 Montague Street in Los Angeles, California (zip code 91331), presents a compelling investment opportunity. The property boasts a substantial 17,235 square feet of land, priced at $150.02 per square foot, totaling $2,585,543. Situated in Los Angeles County, this lot is zoned M2, allowing for a variety of industrial uses. The property's location offers excellent access to major transportation arteries, facilitating efficient logistics and distribution. The parcel's size and zoning make it ideal for various industrial developments, including warehousing, light manufacturing, or distribution centers. With its strategic location and favorable zoning, this property represents a rare chance to acquire a significant industrial land asset in a thriving Los Angeles market. The Assessor's Parcel Number (APN) is 2537002006. This is a land sale only.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $531,471
    Hospitality
    $486,824
    Educational
    $405,032
    Medical
    $418,962
    Retail
    $630,050

Location Insight

City
Pacoima
County
Los Angeles
State
California
Latitude
34.2568
Longitude
-118.4
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
$11,117
$848,361
$5,886
$854,247
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