1000 Anaheim St Wilmington, CA 90744-3737
- Retail space
- 3,950 SF
- 0.20 lot acres
Jul 19, 2023
Current Use by Public Records
- Retail space
Property Details for 1000 Anaheim St
- Year built
- 1981
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.20 lot acres
- Property size
- 3,950 SF
- Zone code
- LAM2
- Property type
- Retail space
- APN
- 7424-021-032
- APU
- 7424021032
Description
This exceptional 4,800 square foot industrial property, located at 1000 E Anaheim Street in Los Angeles, California (zip code 90744), presents a unique investment opportunity. Built in 1981, this single-story warehouse boasts a desirable M2 zoning designation and sits on an 8,644 square foot lot. The asking price is $1,200,000, translating to $250 per square foot. The building features a spacious interior with a free-span design (no interior columns), attractive epoxy flooring, and ceiling heights ranging from 12 to 16 feet. Nine parking spaces are available on-site, along with one loading dock. The property benefits from a secure block wall-fenced concrete yard, enhancing security and functionality. Its high-identity corner location on Anaheim Street within the Heavy Weight Corridor and Opportunity Zone offers significant potential for various uses. The current use is a blend of retail and industrial, providing flexibility for future development or continued operation. The APN is 7424-021-032. This property is situated in Los Angeles County.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $955,000
- ML approach
- $1,085,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,530,000
- 6.5%
- $1,410,000
- 7%
- $1,310,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,189,000
- AI Estimate
- $720,000
Market price range: $457k - $1.19MMarket price range: $263k - $720k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $805,000 Current use
- WAREHOUSE, STORAGE
- $1,105,000 Change: +37% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $680,000 Change: -15% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- Wilmington
- County
- Los Angeles
- State
- California
- Longitude
- -118.25
- Latitude
- 33.7803
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA