105 Huntington AveMonterey Park, CA 91754
- Retail properties
- 2,112 SF
Property Details for 105 Huntington Ave
- Year built
- 1924
- Construction
- WOOD
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 2,112 SF
- Zone code
- MPC4*
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5256-013-031
- APU
- 5256013031
Description
This exceptional opportunity presents a thriving afterschool program in the desirable Monterey Park, CA, area. Located at 105 N Huntington Ave, 91754, this special-purpose property boasts a substantial 2,200 square feet of indoor space, perfect for educational activities and ample room for children. The property sits on a generous 9,000 square foot lot, offering approximately 7,000 square feet of outdoor space, potentially ideal for expansion or outdoor play areas (subject to city and licensing verification). The asking price is $150,000, translating to $68.18 per square foot. Onsite parking is available for added convenience. This well-established and profitable business presents a strong foundation for continued success. The current setup is an afterschool program, but the property's zoning and potential for expansion into preschool services warrant further investigation with the city and relevant licensing authorities. This turnkey operation offers a unique investment opportunity in a vibrant community. The property is situated in Los Angeles County, California. Serious inquiries are encouraged to explore this promising venture.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $831,916
- 6.5%
- $767,922
- 7%
- $713,070
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,007,863
- Geo Method
- $1,012,077
-
Alternative Use
- Use
- Valuation
- Residential
- $647,771
- Hospitality
- $593,355
- Educational
- $493,664
- Medical
- $510,642
- Retail
- $767,922
Location Insight
- City
- Monterey Park
- County
- Los Angeles
- State
- California
- Latitude
- 34.063
- Longitude
- -118.126
- 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
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