Property profile

1702 San Fernando Rd San Fernando, CA 91340

OFF-MARKET
Automotive properties
Property ID
US10-0035550
1,764 SF 0.29 ac lot Built 1965
Individually Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This 1,764-square-foot vacant auto shop, located at 1702 San Fernando Rd in San Fernando, CA 91340, is offered for sale at $1,500,000. The property sits on a 12,655-square-foot lot and boasts a highly visible corner location with dual street frontage, ideal for maximizing exposure to traffic. Built in 1965, this single-story building previously operated as a used car dealership, offering ample parking and potential for outdoor displays. The property is zoned LAC2-1, allowing for a variety of commercial uses, including but not limited to: retail, automotive services, manufacturing, warehousing, restaurants, offices, and various other service businesses. The permitted uses are extensive and include many retail, service, entertainment, lodging, and office options, as well as manufacturing and industrial uses, public assembly uses, and residential uses (subject to specific city code requirements). This prime location in Los Angeles County offers exceptional potential for a wide range of businesses seeking high visibility and accessibility in a thriving area with a mix of residential and commercial properties. The property is vacant and ready for immediate occupancy. The asking price per square foot is $850.34. The Assessor's Parcel Number (APN) is 2611010054.

Property profile

Verified
Property type Automotive properties
Use group VEHICLE SALES, RENTALS
Year built 1965
Total area 1,764 SF
Lot 0.29 ac (12,655 SF)
Zoning code LAC2-1
APN 2611-010-054
UPID US10-0035550

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Car Dealership
  • Car Dealership

Location

1702 San Fernando Rd San Fernando, CA 91340-3117
San Fernando metro Census 320300 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
2024
$2.6M

Zoning & alternative use

LAC2-1 · San Fernando, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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