2250 San Fernando RdLos Angeles, CA 90065

  • Parking lots & garages
  • 6,758 SF

Property Details for 2250 San Fernando Rd

Year built
1988
Lot size
0.17 AC
Property size (Sq ft)
6,758 SF
Zone code
LAM1
Property type
Parking lots & garages
APN
5457-001-023
APU
5457001023

Description

This exceptional Los Angeles investment opportunity encompasses two parcels totaling 14,368 square feet, zoned M1. Located at 2250 N San Fernando Rd, Los Angeles, CA 90065 (APN 5457-001-023, -012), this flex space property currently operates as a thriving car dealership, featuring a substantial 6,000 square foot showroom. The property's strategic location within a high-demand commercial and industrial area presents significant potential for future development. Adding to its appeal is a valuable double-sided billboard with a triple-net lease secured through February 2026, generating consistent passive income. This presents a unique chance to acquire a multi-faceted asset with immediate revenue streams and considerable long-term growth prospects. The property's existing infrastructure and established tenancy provide a solid foundation for immediate returns, while the zoning and location offer exciting possibilities for future expansion or redevelopment. This is a rare opportunity to acquire a well-positioned industrial property in a highly sought-after Los Angeles market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,218,660
    6.5%
    $2,047,990
    7%
    $1,901,700
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,336,510
    Geo Method
    $1,336,510
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $3,924,780
    Mixed-Use / Specialty
    $2,068,570
    Hospitality / Lodging
    $1,553,940
    Office
    $2,085,320
    Institutional / Educational
    $2,160,440
    Residential Income
    $2,527,720
    Multifamily
    $2,877,040
    Automotive / Energy
    $1,851,810
    Parking / Income-Based Land
    $611,491
    Restaurant / Food Service
    $1,135,380
    Healthcare / Senior Housing
    $2,092,690

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.1044
Longitude
-118.239
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
$5,971
$460,818
$5,687
$466,505
-
-
-
-

FAQs

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