10839 San Fernando RdPacoima, CA 91331

Property Details for 10839 San Fernando Rd

Year built

1956

Lot size

0.17 AC

Property size (Sq ft)

7,500 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Parking lots & garages

APN

2619-016-073

APU

2619016073

Description

This exceptional commercial property, situated at 10839 San Fernando Road in Pacoima, California, presents a unique investment opportunity. The 0.02-acre lot boasts a highly desirable corner location on the busy San Fernando Road, ensuring excellent visibility and accessibility for any business. Currently operating as an auto dealership, the property includes a 500-square-foot office building equipped with a bathroom and shower. The ample parking provision, accommodating 54 vehicles, is a significant advantage in this area. The property's LAC2-Commercial zoning allows for a wide range of commercial uses, providing flexibility for future development or adaptation to suit various business needs. The asking price of $949,999 reflects the property's prime location, substantial parking, and existing improvements. This is an ideal opportunity for investors seeking a strong foothold in a thriving commercial area with high traffic volume and significant potential for growth. The existing building provides immediate income potential, while the zoning allows for future expansion or redevelopment. Serious inquiries are encouraged to explore this exceptional commercial real estate offering.

• CAP approach

  CAP return

  Valuation

  6%

  $3,191,495

  6.5%

  $2,945,995

  7%

  $2,735,567

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,594,024

  Geo Method

  $3,594,024

• Alternative Use

  Use

  Valuation

  Residential

  $2,485,057

  Hospitality

  $2,276,299

  Educational

  $1,893,854

  Medical

  $1,958,987

  Retail

  $2,945,995

Location Insight

City

Pacoima

County

Los Angeles

State

California

Latitude

34.2668

Longitude

-118.424

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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