202 Maclay AveSan Fernando, CA 91340
- Mixed-use properties
- 1,104 SF
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
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
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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