9201 Las Tunas DrTemple City, CA 91780
- Retail properties
- 648 SF
Property Details for 9201 Las Tunas Dr
- Year built
- 1962
- Construction
- WOOD
- Lot size
- 0.15 AC
- Property size (Sq ft)
- 648 SF
- Zone code
- TCC2YY
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 8587-001-014
- APU
- 8587001014
Description
This exceptional commercial land parcel, located at 9201 Las Tunas Drive in Temple City, California, presents a unique investment opportunity. Situated on a prominent corner at the intersection of Las Tunas Drive and Encinita Avenue, this property boasts unparalleled visibility and exposure, ensuring maximum impact for any business. The 600-1000 square foot lot faces south and is surrounded by a thriving commercial environment, offering immediate access to a substantial customer base. Potential uses are diverse and could include, but are not limited to, restaurants, fast-food establishments with on-site parking, financial service institutions, general or professional offices, medical offices, chiropractic or acupuncture practices. The property is being sold "as is." Prospective buyers are strongly encouraged to consult the City of Temple City for detailed zoning information and use requirements to ensure compliance with all applicable regulations. This prime location in the heart of Temple City's commercial district, coupled with its high visibility and flexible zoning potential, makes this an exceptional opportunity for investors seeking a strong return. The asking price is $1,080,000. The zip code is 91780, and the property is in Los Angeles County.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $255,247
- 6.5%
- $235,612
- 7%
- $218,783
-
Comparable approach
- Method
- Valuation
- Relative Method
- $309,231
- Geo Method
- $310,524
-
Alternative Use
- Use
- Valuation
- Residential
- $198,748
- Hospitality
- $182,052
- Educational
- $151,465
- Medical
- $156,674
- Retail
- $235,612
Location Insight
- City
- Temple City
- County
- Los Angeles
- State
- California
- Latitude
- 34.106
- Longitude
- -118.068
- 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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