7300 Western AveLos Angeles, CA 90047
- Auto shops
- 11,000 SF
Property Details for 7300 Western Ave
- Year built
- 1930
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 11,000 SF
- Zone code
- LAC2
- Property type
- Auto shops
- APN
- 6018-001-007
- APU
- 6018001007
Description
This exceptional 11,000-square-foot flex/warehouse property, situated on a substantial 19.285-acre lot in Los Angeles, CA, presents a unique investment opportunity. Located at 7300-7308 S Western Ave, zip code 90047, this single-tenant building offers a versatile blank canvas for customization. Built in 1930, the one-story structure boasts ample space for a variety of uses, ideal for owner-occupiers or lessees seeking a flexible layout. The property features 19 dedicated parking spaces, providing convenient access for employees and customers. The property is classified as Retail and Industrial, offering a blend of uses within the Los Angeles County market. The substantial lot size provides significant expansion potential or ample outdoor storage. This property is a rare find, combining significant square footage with a large lot in a desirable location. The property's single-tenant occupancy allows for streamlined management and potential for long-term lease agreements. This is an excellent opportunity to acquire a well-positioned property in a growing area of Los Angeles.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,685,093
- 6.5%
- $4,324,702
- 7%
- $4,015,794
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,271,235
- Geo Method
- $5,271,235
-
Alternative Use
- Use
- Valuation
- Residential
- $3,648,048
- Hospitality
- $3,341,592
- Educational
- $2,780,165
- Medical
- $2,875,779
- Retail
- $4,324,702
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 33.9736
- Longitude
- -118.309
- 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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