Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Barber Shop
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LAC2 · Pacoima, CAZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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