Current Use by Public Records
- Retail properties & Spaces
Property Details for 14520 Delano St
- Year built
- 1929
- Property type
- Retail properties & Spaces
- Property subtype
- Auto shops
Description
This exceptional 5,000-square-foot auto shop, located at 14520 Delano Street in Los Angeles, CA 91411, presents a unique investment opportunity. The property, built in 1929 and extensively renovated in 2023, sits on a 7,545-square-foot lot and boasts a permitted spray booth, making it ideal for various automotive uses including body repair, painting, service, parts sales, or even light industrial/distribution. Currently vacant, this single-story building offers high ceilings and is zoned LAC2, allowing for a range of permitted uses. The asking price is $2,500,000, translating to $500 per square foot. The land value alone is $331 per square foot. Strategically located with high visibility, the property benefits from significant daily traffic volume on Delano Street and Van Nuys Boulevard, and its proximity to the 405 freeway ensures easy access. The surrounding area boasts a strong demographic profile, with a large population and high average household income. SBA 504 financing options are available, making this a compelling owner-user opportunity. This fee-simple property offers significant potential for a savvy investor or business owner seeking a prime location in a high-barrier-to-entry market.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.45
- Latitude
- 34.1824
