7052 Reseda BlvdReseda, CA 91335

Property Details for 7052 Reseda Blvd

Year built

1983

Construction

TILT-UP CONCRETE

Lot size

0.17 AC

Property size (Sq ft)

7,350 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Auto shops

APN

2125-006-022

APU

2125006022

Description

Exceptional opportunity to acquire a thriving, turnkey auto body shop in Reseda, California. This established business, Solution Auto Center, is located at 7052 Reseda Boulevard, Unit D1 & D2, and features two spacious 1,350 sq. ft. bays (total 2,700 sq. ft.), providing ample workspace for automotive repair and restoration. The shop boasts a strong four-year remaining lease with affordable rent of $4,000 per month. A paint office lease is also in place, transferring ownership to the buyer in two years. The property includes abundant parking: seven outdoor spaces for customers and six indoor spaces for vehicle storage and service. High-quality equipment is included, such as a hydraulic lift, dent pulling machine, certified paint container, and a comprehensive array of tools (Snap-On toolbox, air hoses, pressure washer, etc.). The fully equipped office features a TV, camera system, furniture, and filing cabinets. Additional amenities include two refrigerators, a microwave, shelving, cabinets, a utility sink, work tables, tape machine, stands, and outlet stations. The shop benefits from excellent visibility and accessibility in a busy Reseda location, ensuring a strong client base. This is a complete, ready-to-operate business, ideal for expansion or a new venture in the San Fernando Valley. The sale price is $125,000.

• CAP approach

  CAP return

  Valuation

  6%

  $3,127,665

  6.5%

  $2,887,076

  7%

  $2,680,856

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,522,144

  Geo Method

  $3,522,144

• Alternative Use

  Use

  Valuation

  Residential

  $2,435,356

  Hospitality

  $2,230,773

  Educational

  $1,855,977

  Medical

  $1,919,807

  Retail

  $2,887,076

Location Insight

City

Reseda

County

Los Angeles

State

California

Latitude

34.199

Longitude

-118.536

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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