3695 Katella AveLos Alamitos, CA 90720
- Retail properties
- 2,352 SF
Property Details for 3695 Katella Ave
- Year built
- 1946
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 2,352 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 242-173-13
- APU
- 24217313
Description
This exceptional retail opportunity is located at 3695 Katella Avenue in Los Alamitos, California, 90720. The property offers two street-front retail spaces totaling 1,129 square feet, with individual spaces measuring 543 and 586 square feet. This prime location boasts excellent visibility and direct access from Katella Avenue, a busy thoroughfare. The property benefits from its proximity to Los Alamitos Medical Center and is within close distance to the Los Alamitos Race Course, ensuring high foot traffic and potential customer base. The property is zoned C-O (Commercial-Professional Office), allowing for a variety of uses including administrative and professional offices, retail, restaurants, and other complementary businesses. This zoning designation aligns with the General Plan Professional Office land use designation, providing flexibility for potential tenants. The property presents a rare opportunity to establish a business in a vibrant and well-established area of Los Alamitos. The convenient location and versatile zoning make this an ideal space for a variety of commercial ventures.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,023,889
- 6.5%
- $945,128
- 7%
- $877,619
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,150,972
- Geo Method
- $1,150,972
-
Alternative Use
- Use
- Valuation
- Residential
- $797,251
- Hospitality
- $730,278
- Educational
- $607,582
- Medical
- $628,478
- Retail
- $945,128
Location Insight
- City
- Los Alamitos
- County
- Orange
- State
- California
- Latitude
- 33.8033
- Longitude
- -118.068
- 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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