7024 Seville AveHuntington Park, CA 90255

Property Details for 7024 Seville Ave

Year built

1953

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

4,815 SF

Zone code

HPCP*

Property type

Office properties

Property subtype

Office buildings

APN

6322-026-009

APU

6322026009

Description

Seville Plaza, located at 7024 Seville Ave, Huntington Park, CA 90255, presents a unique investment opportunity. This single-story, 4,815 square foot building, constructed in 1953 and renovated in 2008, sits on a 0.17-acre lot (7,469 sq ft) and is zoned for medical use. The property features six suites, with 912 square feet currently vacant and available for lease. The minimum divisible space is 912 square feet, and the maximum contiguous space is also 912 square feet. Six parking spaces are available for tenants. This high-visibility property benefits from LED lighting at night, making it an ideal location for a medical, dental, or professional practice. The property's location in Huntington Park offers convenient access for patients and clients. The owner may provide assistance with plumbing installation for dental tenants. The Los Angeles County Assessor's Parcel Number (APN) is 6322-026-009. Property taxes are $13,179 per square foot.

• CAP approach

  CAP return

  Valuation

  6%

  $1,383,284

  6.5%

  $1,276,878

  7%

  $1,185,672

• Comparable approach

  Method

  Valuation

  Relative Method

  $915,620

  Geo Method

  $915,620

• Alternative Use

  Use

  Valuation

  Residential

  $1,583,329

  Hospitality

  $1,450,320

  Educational

  $1,206,650

  Medical

  $1,248,148

  Retail

  $1,877,010

Location Insight

City

Huntington Park

County

Los Angeles

State

California

Latitude

33.9756

Longitude

-118.222

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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