5309 Beverly BlvdEast Los Angeles, CA 90022
- Retail properties
- 1,250 SF
Property Details for 5309 Beverly Blvd
- Year built
- 1948
- Construction
- WOOD
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 1,250 SF
- Zone code
- LCC3*
- Property type
- Retail properties
- Property subtype
- Turn key restaurants
- APN
- 5249-027-024
- APU
- 5249027024
Description
This exceptional commercial land parcel, located at 5309 E Beverly Boulevard in East Los Angeles, California, 90022, presents a unique investment opportunity. Priced at $185,000, this special purpose land is ideally suited for a variety of commercial ventures. The property's zoning allows for a bar, tavern, or lounge establishment, making it an attractive prospect for entrepreneurs in the hospitality industry. Situated in the heart of East Los Angeles, the location offers excellent visibility and accessibility, with high foot traffic and proximity to various amenities. The land itself is ready for development, presenting a blank canvas for a customized commercial project. Detailed site plans and zoning information are readily available upon request. This is a rare chance to acquire a strategically located commercial property in a thriving area of Los Angeles County. The property's address is precisely 5309 E Beverly Boulevard, and its geographical coordinates are 34.030666 latitude and -118.1507154 longitude. Serious inquiries are encouraged to explore the full potential of this promising investment. Don't miss this chance to secure a prime piece of East Los Angeles real estate. The property is categorized as Commercial, Other, and is currently listed at $185,000.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $527,889
- 6.5%
- $487,282
- 7%
- $452,476
-
Comparable approach
- Method
- Valuation
- Relative Method
- $599,004
- Geo Method
- $599,004
-
Alternative Use
- Use
- Valuation
- Residential
- $411,041
- Hospitality
- $376,511
- Educational
- $313,253
- Medical
- $324,026
- Retail
- $487,282
Location Insight
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Latitude
- 34.0307
- Longitude
- -118.151
- 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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