5211 York Blvd Los Angeles, CA 90042
- Investment properties
- 1,706 SF
- 0.11 lot acres
Current Use by Public Records
- Tamales / Cleaning Service / Laundry
Property Details for 5211 York Blvd
- Year built
- 1933
- Construction
- WOOD
- Lot size
- 0.11 lot acres
- Property size
- 1,706 SF
- Zone code
- LAC4
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 5478-002-017
- APU
- 5478002017
Description
This exceptional 906-square-foot retail space at 5211 York Blvd in Los Angeles, CA 90042, presents a unique investment opportunity. Built in 1933, this single-tenant property sits on a 0.11-acre lot (4,994 square feet) and is zoned LAC4. The building is currently vacant, offering immediate occupancy for a new business. Ideal for a restaurant or similar commercial use, the property boasts a fully equipped kitchen and dining area, minimizing start-up costs. Its location in the heart of Highland Park ensures high visibility and foot traffic, benefiting from the area's vibrant community atmosphere. The property's versatile layout is adaptable to various restaurant concepts. This turnkey operation offers a significant advantage for prospective owners seeking a quick entry into the thriving Highland Park market. The property's address is 5211 York Blvd, Los Angeles, CA 90042. The asking price for the business sale/key money is $160,000. This is a rare chance to acquire a well-situated, established commercial property in a desirable Los Angeles neighborhood. The property's location offers easy access to local attractions and amenities. Don't miss this chance to establish your business in a thriving community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $890,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $990,000
- 6.5%
- $1,090,000
- 7%
- $980,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,110,000
- Geo Method
- $870,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $865,000
- Retail
- $1,015,000
- Mixed-Use
- $860,000
- Hospitality
- $1,095,000
- Educational
- $930,000
- Residential Income
- $985,000
- Energy
- $1,075,000
- Income-Based Land
- $840,000
- Food Service
- $1,110,000
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.202
- Latitude
- 34.1209
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA