5875 Towne AveLos Angeles, CA 90003

  • Land
  • 0.24 AC
For Lease
$7.20/SF/YR View listing

Property Details for 5875 Towne Ave

Lot size
0.24 AC
Zone code
LAMR1
Property type
Land
Property subtype
Other industrial land
APN
6006-030-054
APU
6006030054

Description

This exceptional Los Angeles property presents a prime opportunity for industrial businesses seeking a strategically located site. The property encompasses a 14,400 square foot lot, zoned LA MR1, and features a 14,400 square foot building. The single-tenant configuration offers flexibility and control. Located at 5875 Towne Ave, Los Angeles, CA 90003, this land parcel provides convenient access to major transportation arteries, streamlining logistics and operations. The property's 10,400 square foot land area offers ample space for outdoor storage, equipment, or expansion. The Los Angeles County location within the 90003 zip code ensures proximity to a robust workforce and established infrastructure. This is an ideal location for businesses requiring a substantial land area and building space in a thriving industrial sector. The APN is 6006-030-016. This single-tenant property offers a unique opportunity to establish a strong presence in a desirable Los Angeles market. Serious inquiries are encouraged to explore the potential of this exceptional industrial land offering.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,449,395
    Hospitality
    $3,159,627
    Educational
    $2,628,772
    Medical
    $2,719,180
    Retail
    $4,089,202
5875 Towne Ave, Los Angeles, California
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Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
33.9876
Longitude
-118.268
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$4,518
$375,000
-
$375,000
-
-
-
-

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