12217 Montague St Los Angeles, CA 91331
- Warehouses
- 1,604 SF
- 0.40 lot acres
Current Use by Public Records
- Cadillac King / Auto Body Parts Supplier
- Coastal Auto Parts & Salvage / Salvage Yard
Property Details for 12217 Montague St
- Year built
- 1950
- Construction
- WOOD
- Lot size
- 0.40 lot acres
- Property size
- 1,604 SF
- Zone code
- LAM2
- Property type
- Warehouses
- APN
- 2537-002-006
- APU
- 2537002006
Description
This exceptional 0.4-acre industrial land parcel, located at 12217 Montague Street in Los Angeles, California (zip code 91331), presents a compelling investment opportunity. The property boasts a substantial 17,235 square feet of land, priced at $150.02 per square foot, totaling $2,585,543. Situated in Los Angeles County, this lot is zoned M2, allowing for a variety of industrial uses. The property's location offers excellent access to major transportation arteries, facilitating efficient logistics and distribution. The parcel's size and zoning make it ideal for various industrial developments, including warehousing, light manufacturing, or distribution centers. With its strategic location and favorable zoning, this property represents a rare chance to acquire a significant industrial land asset in a thriving Los Angeles market. The Assessor's Parcel Number (APN) is 2537002006. This is a land sale only.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,360,000
- 6.5%
- $2,030,000
- 7%
- $2,125,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,370,000
- Geo Method
- $2,220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,425,000
- Retail
- $2,225,000
- Mixed-Use
- $2,370,000
- Hospitality
- $2,350,000
- Educational
- $2,205,000
- Residential Income
- $2,280,000
- Energy
- $2,060,000
- Income-Based Land
- $2,025,000
- Food Service
- $2,200,000
Location Insight
- Map
- Local Demand
- City
- Pacoima
- County
- Los Angeles
- State
- California
- Longitude
- -118.4
- Latitude
- 34.2568
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
