11003 Moorpark StLos Angeles, CA 91602

Property Details for 11003 Moorpark St

Year built

1966

Lot size

0.31 AC

Property size (Sq ft)

1,217 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Auto shops

APN

2423-010-013

APU

2423010013

Description

This exceptional 13,169 square foot commercial land parcel presents a remarkable investment opportunity in Los Angeles, California. Located at 11003 Moorpark St, 91602, this fee simple property boasts a highly desirable location at a busy signalized intersection experiencing daily traffic counts exceeding 76,000 vehicles. The C2-1VL-RIO zoning permits a wide range of uses, including but not limited to automotive, fast food, medical and urgent care facilities, and multi-family residential development. Currently vacant, the site offers significant potential for immediate development. Existing documentation includes building permits for a 31-unit multi-family condo project, although the property is being offered as-is. The property's strategic location near the convergence of freeways 101, 134, and 170 provides unparalleled access and visibility, making it an ideal site for a variety of commercial ventures. The asking price is $3,499,000. Detailed information, including a marketing brochure outlining permitted uses, is available upon request. APN: 2423-010-013.

• CAP approach

  CAP return

  Valuation

  6%

  $517,873

  6.5%

  $478,037

  7%

  $443,891

• Comparable approach

  Method

  Valuation

  Relative Method

  $583,190

  Geo Method

  $583,190

• Alternative Use

  Use

  Valuation

  Residential

  $403,242

  Hospitality

  $369,367

  Educational

  $307,309

  Medical

  $317,878

  Retail

  $478,037

Location Insight

City

North Hollywood

County

Los Angeles

State

California

Latitude

34.1506

Longitude

-118.371

CBSA code

31080

CBSA name

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

Property Tax & Assessments

FAQs

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