3695 Katella AveLos Alamitos, CA 90720

Property Details for 3695 Katella Ave

Year built

1946

Lot size

0.10 AC

Property size (Sq ft)

2,352 SF

Property type

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.

• 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

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