45122 Trevor AveLancaster, CA 93534

  • Retail properties
  • 2,400 SF
For Sale

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
Retail properties
Property subtype
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

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
45122 Trevor Ave, Lancaster, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,101
$119,646
$291,312
$410,958
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