3695 Katella AveLos Alamitos, CA 90720

  • Retail properties
  • 2,352 SF
For Lease
$42/SF/YR View listing

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
3695 Katella Ave, Los Alamitos, California

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

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
$10,396
$694,384
$179,555
$873,939
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-
-
-

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