11218 Long Beach BlvdLynwood, CA 90262

Property Details for 11218 Long Beach Blvd

Year built

1925

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

952 SF

Zone code

LYC2*

Property type

Office buildings

APN

6173-002-008

APU

6173002008

Description

This exceptional commercial land parcel, located at 11218 Long Beach Blvd, Lynwood, CA 90262, presents a compelling investment opportunity. The property encompasses approximately 2,401 square feet (0.06 acres) of land, strategically situated in the heart of Lynwood's vibrant commercial submarket within Los Angeles County. With an asking price of $478,000, this lot offers significant potential for developers and investors seeking a prime location. The property's APN is 6173-002-008 and is zoned LYC2*, allowing for a diverse range of commercial uses. Its location along Long Beach Boulevard ensures high visibility and accessibility, making it an attractive site for businesses seeking strong exposure. Originally constructed in 1925, this property benefits from its established location within the bustling Los Angeles metropolitan area, providing a robust economic backdrop for any commercial venture. The versatile zoning allows for a variety of development possibilities, including retail establishments, office spaces, or other commercial projects. This is a rare opportunity to acquire a well-positioned commercial land parcel in a thriving area of Los Angeles.

• CAP approach

  CAP return

  Valuation

  6%

  $309,963

  6.5%

  $286,120

  7%

  $265,683

• Comparable approach

  Method

  Valuation

  Relative Method

  $181,032

  Geo Method

  $181,032

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $535,710

  Retail / Commercial

  $280,111

  Mixed-Use / Specialty

  $283,369

  Hospitality / Lodging

  $213,441

  Institutional / Educational

  $296,111

  Residential Income

  $346,450

  Multifamily

  $391,915

  Automotive / Energy

  $253,810

  Parking / Income-Based Land

  $83,381

  Restaurant / Food Service

  $156,467

  Healthcare / Senior Housing

  $286,225

Location Insight

City

Lynwood

County

Los Angeles

State

California

Latitude

33.929

Longitude

-118.211

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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