846 Wall StLos Angeles, CA 90014
- Retail properties
- 4,326 SF
Property Details for 846 Wall St
- Year built
- 1995
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.11 AC
- Property size (Sq ft)
- 4,326 SF
- Zone code
- LAM2
- Property type
- Retail properties
- Property subtype
- Outlet malls
- APN
- 5145-010-003
- APU
- 5145010003
Description
This exceptional retail property, located at 846-848 Wall Street in the heart of Los Angeles, California (zip code 90014), presents a unique investment opportunity. The property boasts a total of 6,300 square feet across two units, with 3,000 square feet of net rentable space. Built in 1995, the building sits on a 0.11-acre lot and is identified by APN 5145-010-003. Its central Los Angeles location offers excellent visibility and accessibility, making it ideal for a variety of retail businesses. The property's size and layout provide flexibility for a single tenant or the potential for multiple occupants. This is a rare chance to acquire a well-situated retail space in a thriving Los Angeles market. The property is currently available for sale and offers significant potential for return on investment. The property's address is easily accessible via major transportation routes, ensuring high foot traffic and convenient access for customers. Serious inquiries are encouraged to explore this promising commercial real estate investment. The property's age and size offer a solid foundation for a variety of retail ventures. Further details are available upon request.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,875,698
- 6.5%
- $1,731,413
- 7%
- $1,607,741
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,073,033
- Geo Method
- $2,073,033
-
Alternative Use
- Use
- Valuation
- Residential
- $1,460,512
- Hospitality
- $1,337,821
- Educational
- $1,113,051
- Medical
- $1,151,331
- Retail
- $1,731,413
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0389
- Longitude
- -118.251
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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