11508 Rosecrans AveNorwalk, CA 90650

Property Details for 11508 Rosecrans Ave

Year built

1947

Construction

WOOD

Lot size

0.14 AC

Property size (Sq ft)

1,032 SF

Zone code

NOC3*

Property type

Office properties

Property subtype

Office buildings

APN

8074-010-010

APU

8074010010

Description

This exceptional 1,100 square foot office or retail space is ideally situated on Rosecrans Avenue in Norwalk, California, offering unparalleled visibility and accessibility. Located near the bustling Norwalk 5 Points shopping center, this property enjoys high foot traffic and excellent exposure to a large customer base. The interior features a spacious open office area perfect for collaborative work environments, complemented by a separate private office ideal for executive functions or individual work. A convenient break room/conference room provides a comfortable space for meetings and employee breaks. Accessibility is ensured with an ADA-compliant bathroom. The property also boasts both front and side entrances for convenient access and flow. Adding to its practicality is an enclosed garage area, providing valuable secure storage space. The property sits on a 0.14-acre lot, offering ample space and potential for future expansion or outdoor use. This versatile space presents a fantastic opportunity for businesses seeking a prominent location with excellent amenities. The asking price is $699,000. This is a rare opportunity to acquire a well-maintained and strategically located commercial property in a thriving area of Norwalk. Don't miss out on this chance to establish your business in a prime location.

• CAP approach

  CAP return

  Valuation

  6%

  $296,480

  6.5%

  $273,674

  7%

  $254,125

• Comparable approach

  Method

  Valuation

  Relative Method

  $196,245

  Geo Method

  $196,245

• Alternative Use

  Use

  Valuation

  Residential

  $339,355

  Hospitality

  $310,848

  Educational

  $258,621

  Medical

  $267,516

  Retail

  $402,300

Location Insight

City

Norwalk

County

Los Angeles

State

California

Latitude

33.9019

Longitude

-118.088

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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