20600 Lassen St Los Angeles, CA 91311
- Manufacturing properties
- 11,720 SF
- 0.67 lot acres
Current Use by Public Records
- American Tool Warehouse / Machine Shop
Property Details for 20600 Lassen St
- Year built
- 1981
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.67 lot acres
- Property size
- 11,720 SF
- Zone code
- LAP
- Property type
- Manufacturing properties
- APN
- 2748-004-059
- APU
- 2748004059
Description
This single-tenant industrial warehouse, located at 20600-20630 Lassen Street in Los Angeles, CA 91311, offers 11,700 square feet of space, with 2,930 square feet currently vacant. The property is zoned M1 and features a desirable location in the prime West San Fernando Valley, situated on a busy stretch of Lassen Street and just minutes from the 118 Freeway, providing excellent access to major transportation routes. The building boasts a 14-foot ceiling height, ideal for various industrial uses and efficient storage. The warehouse is well-maintained, presenting a clean and functional space ready for immediate occupancy. The single-tenant configuration offers simplicity and control for the prospective owner or occupant. This property represents a strong investment opportunity in a high-demand area, benefiting from its convenient location and functional design. The substantial vacant space presents a significant opportunity for customization and expansion to suit specific business needs. Serious inquiries are encouraged to explore the potential of this well-positioned industrial asset.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,965,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $3,130,000
- 6.5%
- $2,975,000
- 7%
- $3,255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $3,090,000
- Geo Method
- $3,355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,530,000
- Retail
- $2,745,000
- Mixed-Use
- $3,845,000
- Hospitality
- $3,670,000
- Educational
- $3,750,000
- Residential Income
- $2,885,000
- Energy
- $3,615,000
- Income-Based Land
- $3,600,000
- Food Service
- $3,095,000
Location Insight
- Map
- Local Demand
- City
- Chatsworth
- County
- Los Angeles
- State
- California
- Longitude
- -118.583
- Latitude
- 34.2497
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA