1516 1St StSan Fernando, CA 91340

  • Industrial properties
  • 39,517 SF
For Lease
$13.20/SF/YR View listing

Property Details for 1516 1St St

Year built
1968
Construction
TILT-UP CONCRETE
Lot size
1.47 AC
Property size (Sq ft)
39,517 SF
Zone code
SFM2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
2520-009-007
APU
2520009007

Description

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
1516 1St St, San Fernando, California

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$58,631
$1,728,321
$2,191,945
$3,920,266
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