This exceptional industrial property, located in the East San Fernando Valley submarket of Los Angeles County, offers 17,350 square feet of immediately available warehouse and distribution space within a larger 41,275 square foot building. Built in 1968, the property features a single-tenant occupancy and boasts a 17-foot ceiling height, ideal for various industrial uses. The facility includes two loading docks and one dock-high door, ensuring efficient loading and unloading operations. Ample parking is provided with 42 total spaces. The property benefits from a substantial power supply (600A, 277/480V, 3-phase, 4-wire) and enjoys the advantages of being situated within the City of San Fernando. A significant asset is the large, private, gated, and paved concrete yard, offering secure outdoor storage and maneuvering space. The property's central location provides convenient freeway access to the 5, 118, 170, and 405 freeways, facilitating seamless transportation throughout the region. The zoning is designated as SP-5. The property's address is 1516 1st Street, with cross streets of Harding Avenue and 1st Street. The Assessor's Parcel Numbers (APN) are 2520009007 and 2520018006. This property is perfect for businesses seeking a well-equipped, strategically located industrial space in the thriving East San Fernando Valley.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$12,489,894
Hospitality
$11,440,676
Educational
$9,518,508
Medical
$9,845,864
Retail
$14,806,568
Location Insight
City
San Fernando
County
Los Angeles
State
California
Latitude
34.2873
Longitude
-118.444
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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