5875 Towne AveLos Angeles, CA 90003

Property Details for 5875 Towne Ave

Lot size

0.24 AC

Zone code

LAMR1

Property type

Industrial land

APN

6006-030-054

APU

6006030054

Description

This exceptional Los Angeles property presents a prime opportunity for industrial businesses seeking a strategically located site. The property encompasses a 14,400 square foot lot, zoned LA MR1, and features a 14,400 square foot building. The single-tenant configuration offers flexibility and control. Located at 5875 Towne Ave, Los Angeles, CA 90003, this land parcel provides convenient access to major transportation arteries, streamlining logistics and operations. The property's 10,400 square foot land area offers ample space for outdoor storage, equipment, or expansion. The Los Angeles County location within the 90003 zip code ensures proximity to a robust workforce and established infrastructure. This is an ideal location for businesses requiring a substantial land area and building space in a thriving industrial sector. The APN is 6006-030-016. This single-tenant property offers a unique opportunity to establish a strong presence in a desirable Los Angeles market. Serious inquiries are encouraged to explore the potential of this exceptional industrial land offering.

• CAP approach

  CAP return

  Valuation

  6%

  $7,067,960

  6.5%

  $6,524,270

  7%

  $6,058,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,164,570

  Geo Method

  $3,164,570

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $3,283,480

  Mixed-Use / Specialty

  $3,222,810

  Hospitality / Lodging

  $2,300,730

  Office

  $3,152,670

  Institutional / Educational

  $3,332,930

  Residential Income

  $3,899,530

  Multifamily

  $4,948,310

  Automotive / Energy

  $2,856,800

  Parking / Income-Based Land

  $1,034,220

  Restaurant / Food Service

  $1,571,720

  Healthcare / Senior Housing

  $3,355,140

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

33.9876

Longitude

-118.268

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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