2529 Santa Fe AveVernon, CA 90058

Property Details for 2529 Santa Fe Ave

Year built

2006

Construction

WOOD

Lot size

1.18 AC

Property size (Sq ft)

14,102 SF

Zone code

VEM&MS4*

Property type

Retail properties

Property subtype

Retail space

APN

6302-008-010

APU

6302008010

Description

This exceptional 5,185 square foot retail shopping center, located at 2529 S Santa Fe Ave in Vernon, California, presents a unique investment opportunity. Built in 2006, the single-story property sits on a spacious 51,860 square foot lot and is zoned Commercial-2 (C-2) Overlay Zone within Los Angeles County. The center features two suites, currently fully vacant, offering flexible space options. Individual suites range from a minimum of 1,720 square feet to a maximum contiguous space of 3,465 square feet, providing adaptability for various retail businesses. Ample parking is available with approximately 94 striped spaces plus 4 handicap-accessible spots. The property's high-profile location in Vernon, CA, 90058, offers excellent visibility and accessibility for customers. This is an ideal opportunity for a single tenant seeking a large space or for multiple tenants looking for smaller, adjacent units. The property's size and location make it a highly desirable asset in a thriving commercial area. The property's convenient location and ample parking make it an attractive option for businesses seeking a strong presence in the Vernon market. Contact us today to learn more about this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $6,006,290

  6.5%

  $5,544,267

  7%

  $5,148,248

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,757,724

  Geo Method

  $6,757,724

• Alternative Use

  Use

  Valuation

  Residential

  $4,676,797

  Hospitality

  $4,283,921

  Educational

  $3,564,172

  Medical

  $3,686,749

  Retail

  $5,544,267

Location Insight

City

Vernon

County

Los Angeles

State

California

Latitude

34.0143

Longitude

-118.231

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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