20820 Avalon BlvdCarson, CA 90746

Property Details for 20820 Avalon Blvd

Year built

1973

Construction

TILT-UP CONCRETE

Lot size

0.78 AC

Property size (Sq ft)

6,190 SF

Zone code

CACR&D*

Property type

Retail properties

Property subtype

Retail space

APN

7381-025-034

APU

7381025034

Description

This 6,190 square foot retail space, built in 2002, is located at 20820 S Avalon Blvd, Carson, CA 90746, near the intersection of Avalon Blvd and Dominguez St. The property is situated in the highly desirable Southbay submarket and offers a prime retail opportunity. Currently, 2,316 square feet are available for lease within a multi-tenant building. The building features 31 parking spaces, but does not include elevators. The property's previous tenant was Verizon. Its strategic location within the Southbay Pavilion Mall area provides excellent visibility and accessibility, with nearby businesses including IKEA, 24-Hour Fitness, Starbucks, AT&T, Ike's Love & Sandwiches, Everytable, Tokyo Grill, and FedEx. The space is ideal for a variety of retail uses, such as a wireless mobile phone store, eyeglasses store, beauty supply store, quick money store, bank or credit union, vitamins and nutrition store, boutique brand clothing store, real estate office, or insurance agency. The property is fully renovated and ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $2,251,686

  6.5%

  $2,078,479

  7%

  $1,930,016

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,975,705

  Geo Method

  $4,975,705

• Alternative Use

  Use

  Valuation

  Residential

  $1,753,275

  Hospitality

  $1,605,990

  Educational

  $1,336,165

  Medical

  $1,382,118

  Retail

  $2,078,479

Location Insight

City

Carson

County

Los Angeles

State

California

Latitude

33.841

Longitude

-118.262

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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