14550 Polk St Sylmar, CA 91342
- Retail space
- 6,292 SF
- 0.21 lot acres
Current Use by Public Records
- Retail space
Property Details for 14550 Polk St
- Year built
- 1960
- Construction
- WOOD
- Lot size
- 0.21 lot acres
- Property size
- 6,292 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 2505-016-027
- APU
- 2505016027
Description
This exceptional 6,292 square foot retail property, located at 14550 Polk Street in Sylmar, California, presents a compelling investment opportunity. Situated on a 0.21-acre lot, this thriving multi-unit shopping center is currently home to four established businesses: a liquor store, a restaurant, an insurance agency, and a pizzeria. The diverse tenant mix ensures a consistent stream of customers and a strong, stable income stream. Each business contributes to the overall vibrancy and success of the center, creating a synergistic environment that attracts a wide range of clientele. The property benefits from its location in a bustling Sylmar neighborhood, guaranteeing high foot traffic and visibility. This translates to a low vacancy rate and a predictable return on investment. The existing tenant base is well-established and contributes to the property's proven profitability. This is a rare opportunity to acquire a turnkey commercial property with a strong history of success and significant potential for future growth within a thriving community. The asking price for this exceptional investment is $1,900,000. This property offers a secure and lucrative investment opportunity in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sylmar
- County
- Los Angeles
- State
- California
- Longitude
- -118.45
- Latitude
- 34.3072
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
