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    2962 E 54Th St Vernon, CA

    For Lease
    $0.35 SF/Yr ($2,070 /Mo)

    Paved and fenced land available for sublease in Vernon.

    Property size:
    71,000 SF
    Lot size:
    1.63 Acres

    Property Features for 2962 E 54Th St

    General Information

    Size
    71,000 SF
    Lot size
    1.63 Acres

    Source: Colliers Agent Thomas Condon

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vernon Land Sublease Opportunity

    This land, totaling 71,000 square feet, is available for sublease. The property is located near Boyle Avenue and 54th Street in Vernon. It features a fenced and paved surface. The sublease is available through October 31, 2027, with a 26-month sublease term, although a shorter term is possible. The central Vernon location offers convenient access.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Auto Repair Shop Wholesale Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Vernon
    County
    Los Angeles
    State
    California
    Longitude
    -118.230073
    Latitude
    34.003903

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    FAQs

    What type of property is this?
    Land - Paved and fenced land available for sublease in Vernon.
    Where is this land located?
    The property is located at 2962 E 54Th St Vernon, CA.
    What is the lease rate?
    The lease rate is $0.35 SF/Yr.
    What are key features of this property?
    This property features: - Excellent central vernon location; - Fenced and paved land; - Sublease available through 10/31/2027
    (323) 278-3114
    Request Owner's contact information
    2962 E 54Th St Vernon, CA
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    Vernon, CA
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2962 E 54Th St Vernon, CA
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