202 Maclay AveSan Fernando, CA 91340

  • Mixed-use properties
  • 1,104 SF
For Lease

Property Details for 202 Maclay Ave

Year built
1995
Construction
WOOD
Lot size
0.04 AC
Property size (Sq ft)
1,104 SF
Zone code
SFC2*
Property type
Mixed-use properties
Property subtype
Other investment properties
APN
2519-005-002
APU
2519005002

Description

This 4,600 square foot multi-tenant retail and office building, situated at the signalized intersection of S. Maclay Ave and San Fernando Rd in Downtown San Fernando, offers a fantastic opportunity. One available space, totaling 750 square feet (550 square feet on the main level plus a 200 square foot mezzanine), benefits from high pedestrian traffic on this vibrant park and shop street. The property enjoys excellent visibility and is strategically located across from T-Mobile and Tres Hermanos Restaurant, surrounded by other national tenants. With easy freeway access via nearby freeways 5 and 118, and ample free city parking behind the building, this location boasts a strong retail trade area. The building, constructed in 1972, sits on a 4,627 square foot lot and features a total of five suites, with a minimum divisible space of 550 square feet and a maximum contiguous space of 750 square feet. The property's zoning is SFC1, and its APN is 2522-003-014. A dense population of over 230,000 residents within a 3-mile radius, with an average income exceeding $71,000, ensures a robust customer base. The building does not have elevators.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $378,924
    6.5%
    $349,776
    7%
    $324,792
  • Comparable approach

    Method
    Valuation
    Relative Method
    $325,402
    Geo Method
    $325,402
  • Alternative Use

    Use
    Valuation
    Residential
    $349,776
    Hospitality
    $320,393
    Educational
    $266,563
    Medical
    $275,731
    Retail
    $414,654
202 Maclay Ave, San Fernando, California

Location Insight

City
San Fernando
County
Los Angeles
State
California
Latitude
34.285
Longitude
-118.439
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
$5,215
$243,720
$127,661
$371,381
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