45122 Trevor AveLancaster, CA 93534

Property Details for 45122 Trevor Ave

Year built

1951

Construction

TILT-UP CONCRETE

Lot size

0.22 AC

Property size (Sq ft)

2,400 SF

Zone code

LRM1*

Property type

Auto shops

APN

3138-004-011

APU

3138004011

Description

This exceptional investment opportunity encompasses two buildings situated on four contiguous parcels totaling 9,641 to 10,293 square feet of land in Lancaster, California. The property, located at 45122-45134 Trevor Ave, 93534, features a fully operational, turn-key auto body repair shop complete with a spray booth. The combined square footage of the buildings ranges from 2,400 to 3,200 square feet, built in 1951 and 1953. The expansive, gated lot provides ample space for overflow parking, a significant advantage for a business of this nature. The property is zoned LRM1 and benefits from a tenant currently operating under a flexible lease agreement. This presents a unique opportunity for both owner-users seeking to establish or expand their auto repair business and investors looking for a strong cash-flowing asset. The seller is offering financing options, making this an even more attractive proposition. The property's location in Los Angeles County, within the city of Lancaster, offers excellent accessibility and visibility. The APN numbers are 3138-004-009

• CAP approach

  CAP return

  Valuation

  6%

  $1,118,157

  6.5%

  $1,032,145

  7%

  $958,420

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,150,088

  Geo Method

  $1,150,088

• Alternative Use

  Use

  Valuation

  Residential

  $870,653

  Hospitality

  $797,513

  Educational

  $663,522

  Medical

  $686,341

  Retail

  $1,032,145

Location Insight

City

Lancaster

County

Los Angeles

State

California

Latitude

34.7031

Longitude

-118.134

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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