5810 3Rd StLos Angeles, CA 90036
- Retail properties
- 3,880 SF
Property Details for 5810 3Rd St
- Year built
- 1947
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.10 AC
- Property size (Sq ft)
- 3,880 SF
- Zone code
- LAC2
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 5508-003-012
- APU
- 5508003012
Description
This exceptional 3,880-square-foot commercial property at 5810 W 3rd St, Los Angeles, CA 90036, presents a unique opportunity. Located in Los Angeles County, this single-tenant space offers versatile options for businesses seeking creative office, coworking, executive office, or traditional office environments. Built in 1947, the building is well-maintained and boasts a modern aesthetic. The property type is classified as Retail, Office, and Special Purpose, reflecting its adaptability to various business needs. The building's 3,880 square feet provide ample space for a variety of configurations. While it shares walls with neighboring businesses, the single-tenant occupancy ensures privacy and control over the space. This property is ideal for businesses seeking a well-located, functional, and modern office space in a vibrant Los Angeles neighborhood. The address is easily accessible and situated within a thriving commercial area. This offering represents a chance to secure a well-established and adaptable space in a desirable location. The property's versatility and prime location make it an attractive investment for businesses seeking a strategic foothold in the Los Angeles market. Further details are available upon request.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,652,560
- 6.5%
- $1,525,440
- 7%
- $1,416,480
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,859,308
- Geo Method
- $1,859,308
-
Alternative Use
- Use
- Valuation
- Residential
- $1,286,766
- Hospitality
- $1,178,671
- Educational
- $980,640
- Medical
- $1,014,366
- Retail
- $1,525,440
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0688
- Longitude
- -118.347
- 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
Similar Nearby for Lease
FAQs
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