14550 Polk StLos Angeles, CA 91342

Property Details for 14550 Polk St

Year built

1960

Construction

WOOD

Lot size

0.21 AC

Property size (Sq ft)

6,292 SF

Zone code

LAC2

Property type

Retail space

APN

2505-016-027

APU

2505016027

Description

This exceptional 6,292 square foot retail property, located at 14550 Polk Street in Sylmar, California, presents a compelling investment opportunity. Situated on a 0.21-acre lot, this thriving multi-unit shopping center is currently home to four established businesses: a liquor store, a restaurant, an insurance agency, and a pizzeria. The diverse tenant mix ensures a consistent stream of customers and a strong, stable income stream. Each business contributes to the overall vibrancy and success of the center, creating a synergistic environment that attracts a wide range of clientele. The property benefits from its location in a bustling Sylmar neighborhood, guaranteeing high foot traffic and visibility. This translates to a low vacancy rate and a predictable return on investment. The existing tenant base is well-established and contributes to the property's proven profitability. This is a rare opportunity to acquire a turnkey commercial property with a strong history of success and significant potential for future growth within a thriving community. The asking price for this exceptional investment is $1,900,000. This property offers a secure and lucrative investment opportunity in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,551,236

  6.5%

  $2,354,987

  7%

  $2,186,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,015,146

  Geo Method

  $3,015,146

• Alternative Use

  Use

  Valuation

  Residential

  $1,986,520

  Hospitality

  $1,819,642

  Educational

  $1,513,920

  Medical

  $1,565,986

  Retail

  $2,354,987

Location Insight

City

Sylmar

County

Los Angeles

State

California

Latitude

34.3072

Longitude

-118.45

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].