13625 Roscoe BlvdLos Angeles, CA 91402

Property Details for 13625 Roscoe Blvd

Year built

2002

Construction

TILT-UP CONCRETE

Lot size

0.24 AC

Property size (Sq ft)

4,950 SF

Zone code

LAR1

Property type

Retail properties

Property subtype

Auto shops

APN

2637-016-022

APU

2637016022

Description

This exceptional 4,950 square foot auto shop, built in 2002, is ideally situated at 13625 Roscoe Blvd in Los Angeles, CA 91402, near the intersection of Roscoe Blvd and Woodman Ave. Currently, 800 square feet of space is available for lease within this single-tenant building. The property offers a fantastic opportunity for an established or emerging auto repair business seeking a well-located and functional space. The building's total square footage provides ample room for various automotive services, including repair bays, waiting areas, and office space. The lease terms are attractive, with a monthly rent of $2,900 on an annual lease, structured as a NNN (Net, Net, Net) lease. This means the tenant is responsible for property taxes, insurance, and common area maintenance. The property's strategic location on Roscoe Blvd ensures high visibility and easy access for customers. This is a rare opportunity to secure a well-maintained, established auto shop space in a thriving Los Angeles neighborhood. The property's 2002 construction suggests a relatively modern building with potentially updated infrastructure. Interested parties should act quickly to secure this prime commercial real estate opportunity. The available 800 square feet presents a flexible space adaptable to various automotive business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $2,106,387

  6.5%

  $1,944,357

  7%

  $1,805,474

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,372,056

  Geo Method

  $2,372,056

• Alternative Use

  Use

  Valuation

  Residential

  $1,640,138

  Hospitality

  $1,502,357

  Educational

  $1,249,944

  Medical

  $1,292,931

  Retail

  $1,944,357

Location Insight

City

Panorama City

County

Los Angeles

State

California

Latitude

34.2219

Longitude

-118.43

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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