2618 Saturn AveHuntington Park, CA 90255

  • Mixed-use properties
  • 12,214 SF
For Lease

Property Details for 2618 Saturn Ave

Year built
1947
Construction
WOOD
Lot size
0.18 AC
Property size (Sq ft)
12,214 SF
Zone code
HPCG*
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
6322-024-027
APU
6322024027

Description

This exceptional office property, located at 2618 & 2619 Saturn Avenue in Huntington Park, California, offers a diverse range of executive office suites for lease. The building encompasses a total of 9,318 square feet, divided into 25 individual suites, providing flexibility for businesses of various sizes. Currently, there are 7,765 square feet of vacant space available, with individual suites ranging from a minimum of 170 square feet to a maximum contiguous space of 1,226 square feet. The property is ideally suited for businesses seeking a convenient and well-located office space in Los Angeles County. The address is easily accessible, situated in the vibrant Huntington Park community, zip code 90255. This multi-tenant building presents a unique opportunity for businesses seeking flexible and adaptable office solutions. The available spaces cater to a wide range of needs, from small individual offices to larger, combined units. With its strategic location and diverse suite options, this property represents a compelling investment opportunity for businesses seeking a presence in the thriving Los Angeles market. The property is classified as an Executive Office building and is located in Los Angeles County. The building offers a total of 23 available spaces.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,351,057
    6.5%
    $4,016,360
    7%
    $3,729,478
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,600,052
    Geo Method
    $3,600,052
  • Alternative Use

    Use
    Valuation
    Residential
    $4,016,360
    Hospitality
    $3,678,964
    Educational
    $3,060,855
    Medical
    $3,166,123
    Retail
    $4,761,330
2618 Saturn Ave, Huntington Park, California

Location Insight

City
Huntington Park
County
Los Angeles
State
California
Latitude
33.9768
Longitude
-118.224
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
$52,480
$1,072,201
$2,172,279
$3,244,480
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FAQs

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