6200 Variel AveLos Angeles, CA 91367

Property Details for 6200 Variel Ave

Year built

2020

Construction

WOOD

Lot size

3.19 AC

Property size (Sq ft)

308,951 SF

Zone code

LAWC

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

2149-004-024

APU

2149004024

Description

This exceptional 1,425-square-foot retail space, located at 6200 Variel Avenue in Woodland, California, presents a fantastic opportunity for a cafe or restaurant. Situated in Los Angeles County, zip code 91367, this single-tenant property offers complete flexibility for a new business venture. The entire building is currently vacant, providing immediate occupancy for the successful applicant. The property's address is easily accessible and visible, ensuring high foot traffic potential. The building's total square footage is 1,425 square feet, providing ample space for a comfortable and functional layout. This is an ideal location for a business seeking a prominent presence in a thriving community. The property is classified as both retail and restaurant space, making it suitable for a wide range of culinary and retail concepts. This turnkey opportunity allows for immediate setup and operation, minimizing initial investment and maximizing return. Interested parties are encouraged to act quickly to secure this prime location. The property is located in Los Angeles County, California, offering access to a large and diverse customer base. The geographic coordinates are 34.1834948 latitude and -118.5924993 longitude. This property is perfect for an entrepreneur looking to establish a successful business in a high-visibility location.

• CAP approach

  CAP return

  Valuation

  6%

  $89,434,520

  6.5%

  $82,554,936

  7%

  $76,658,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $58,750,124

  Geo Method

  $58,750,124

• Alternative Use

  Use

  Valuation

  Residential

  $102,368,128

  Hospitality

  $93,768,648

  Educational

  $78,014,416

  Medical

  $80,697,456

  Retail

  $121,355,760

Location Insight

City

Woodland Hills

County

Los Angeles

State

California

Latitude

34.1837

Longitude

-118.592

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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