8640 Pearblossom HwyLittlerock, CA 93543
- Retail properties
- 1,617 SF
Property Details for 8640 Pearblossom Hwy
- Year built
- 1956
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.77 AC
- Property size (Sq ft)
- 1,617 SF
- Zone code
- LCM1*
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 3049-025-025
- APU
- 3049025025
Description
This exceptional 0.77-acre commercial property, located at 8640 Pearblossom Hwy in Littlerock, CA 93543, presents a compelling investment or owner-user opportunity. The property boasts a 1,617 square foot building constructed in 1956, situated on a sizable 33,683 square foot lot (APN: 3049-025-025). Currently vacant, the property is zoned M-14, offering flexibility for a variety of uses. Its prime location on Highway 138 ensures high visibility and accessibility, positioned advantageously next to other quick-service restaurants (QSRs) and national discount retailers. The property's history includes use as an antique/gift shop, providing a solid foundation for redevelopment or repurposing. This location is ideal for a QSR, gas station, or other retail ventures seeking a high-traffic area with significant potential for growth. The asking price is $575,000. This is a rare opportunity to acquire a well-situated commercial property in a thriving Littlerock location. Don't miss this chance to capitalize on the potential of this versatile and strategically located asset. Serious inquiries only.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $656,929
- 6.5%
- $606,396
- 7%
- $563,082
-
Comparable approach
- Method
- Valuation
- Relative Method
- $772,689
- Geo Method
- $774,872
-
Alternative Use
- Use
- Valuation
- Residential
- $511,518
- Hospitality
- $468,547
- Educational
- $389,826
- Medical
- $403,233
- Retail
- $606,396
Location Insight
- City
- Littlerock
- County
- Los Angeles
- State
- California
- Latitude
- 34.5208
- Longitude
- -117.976
- 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
FAQs
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].