13281 Van Nuys Blvd Pacoima, CA 91331-3003
Property profile & analytics
13281 Van Nuys Blvd Pacoima, CA 91331-3003
- Investment properties
- 3,095 SF
- 0.12 lot acres
Property ID
US09-7953132
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Willy's barbershop #2 / Barber Shop
Property Details for 13281 Van Nuys Blvd
- Year built
- 1966
- Construction
- WOOD
- Lot size
- 0.12 lot acres
- Property size
- 3,095 SF
- Zone code
- LAC2
- Property type
- Investment properties
- Property subtype
- Retail residential properties
- APN
- 2619-017-031
- APU
- 2619017031
Description
This exceptional three-unit retail property, situated at 13281 Van Nuys Boulevard in Pacoima, California, presents a compelling investment opportunity. Spanning 3,095 square feet on a 0.12-acre lot, this property boasts a newly renovated facade, enhancing its curb appeal and attracting potential tenants. The building is comprised of three individual units with varying square footages: 510, 1488, and 1097 square feet, offering flexibility for diverse business needs. Located on a major thoroughfare in a rapidly redeveloping area of Pacoima, this property benefits from significant foot and vehicular traffic. Its strategic location provides easy access to the 118 and 5 freeways, ensuring excellent connectivity for both customers and employees. The property's potential is further amplified by the upcoming construction of a new light rail line, promising increased accessibility and enhanced visibility. Currently, the property offers a rental upside, making it an attractive prospect for both investors seeking strong returns and owner-users looking to establish their business in a high-growth area. This is a rare opportunity to acquire a well-positioned retail property in a thriving community poised for significant future development. The asking price is $1,175,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $960,000
- ML approach
- $1,055,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,045,000
- 6.5%
- $965,000
- 7%
- $895,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $614,000
Market price range: $185k - $614k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $925,000 Current use
- AUTO REPAIR, GARAGE
- $1,680,000 Change: +81% Conversion: Difficult
- OFFICE BUILDING
- $1,555,000 Change: +68% Conversion: Easy
- MEDICAL BUILDING
- $1,410,000 Change: +52% Conversion: Easy
- NEIGHBORHOOD: SHOPPING CENTER
- $1,310,000 Change: +41% Conversion: Difficult
- RETAIL STORES
- $1,270,000 Change: +37% Conversion: Easy
- WAREHOUSE, STORAGE
- $995,000 Change: +7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Pacoima
- County
- Los Angeles
- State
- California
- Longitude
- -118.423
- Latitude
- 34.2659
- 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
$11,764
$561,816
$374,544
$936,360
-
$0.00
$0.00
$0.00
