715 Maclay AveSan Fernando, CA 91340
- Retail properties
- 2,352 SF
Property Details for 715 Maclay Ave
- Year built
- 1991
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 2,352 SF
- Zone code
- SFC2*
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 2518-030-003
- APU
- 2518030003
Description
This exceptional turnkey restaurant, located at 715 N Maclay Ave, San Fernando, CA 91340, presents a unique investment opportunity. The 2,352 square foot property, situated on a 6,972 square foot lot (APN 2518030003), boasts a recent 2023 renovation, encompassing both interior and exterior improvements. Built in 1991, the single-story building is zoned SFC2 and offers a single unit. The asking price is $1,600,000, translating to $680.27 per square foot. This owner-user opportunity is ideal for immediate operation, eliminating the need for extensive pre-opening preparations. The property's prime location in the heart of San Fernando ensures high visibility and excellent traffic flow. Potential buyers are responsible for verifying future property use with the city of San Fernando and conducting thorough due diligence. This is a remarkable chance to acquire a fully renovated, high-quality restaurant ready for immediate success. All aspects of the renovation were completed with meticulous attention to detail, ensuring both aesthetic appeal and operational efficiency.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $958,597
- 6.5%
- $884,859
- 7%
- $821,655
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,127,086
- Geo Method
- $1,127,086
-
Alternative Use
- Use
- Valuation
- Residential
- $746,412
- Hospitality
- $683,709
- Educational
- $568,838
- Medical
- $588,401
- Retail
- $884,859
Location Insight
- City
- San Fernando
- County
- Los Angeles
- State
- California
- Latitude
- 34.2906
- Longitude
- -118.432
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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