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    12217 Montague St Los Angeles, CA 91331

    Sponsored
    For Sale
    $2,585,543

    Prime 0.4-acre industrial lot in LA.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.4-acre industrial land parcel, located at 12217 Montague Street in Los Angeles, California (zip code 91331), presents a compelling investment opportunity. The property boasts a substantial 17,235 square feet of land, priced at $150.02 per square foot, totaling $2,585,543. Situated in Los Angeles County, this lot is zoned M2, allowing for a variety of industrial uses. The property's location offers excellent access to major transportation arteries, facilitating efficient logistics and distribution. The parcel's size and zoning make it ideal for various industrial developments, including warehousing, light manufacturing, or distribution centers. With its strategic location and favorable zoning, this property represents a rare chance to acquire a significant industrial land asset in a thriving Los Angeles market. The Assessor's Parcel Number (APN) is 2537002006. This is a land sale only.

    Property Features for 12217 Montague St

    General Information

    Property type
    Land
    Lot Size
    17,424 SF

    HighLights

    • 17,235 square feet of rentable space.
    • High‑traffic location with excellent visibility.
    • Ample parking available for tenants and customers.
    • Recently renovated with modern finishes and updated systems.
    • Flexible floor plan adaptable to various business needs.
    Property Profile Location Intelligence

    Current Use by Public Records

    Cadillac King Auto Body Parts Supplier Coastal Auto Parts ... Salvage Yard

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3998552
    Latitude
    34.2571359

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    FAQs

    What type of property is this?
    Land - Prime 0.4-acre industrial lot in LA.
    Where is this land located?
    The property is located at 12217 Montague St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $2,585,543.
    What are key features of this property?
    This property features: 17,235 square feet of rentable space.; High-traffic location with excellent visibility.; Ample parking available for tenants and customers.
    Request Owner's contact information
    12217 Montague St Los Angeles, CA 91331
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    Los Angeles, CA 91331
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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
    12217 Montague St Los Angeles, CA 91331
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