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Property profile & analytics
OFF-MARKET Estimated value $4,170,000
Retail space

2529 Santa Fe Ave Vernon, CA 90058-1115

14,102 SF 1.18 ac lot Built 2006
Individually Owned 6-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7279540
Property summary
AI-generated overview

This exceptional 5,185 square foot retail shopping center, located at 2529 S Santa Fe Ave in Vernon, California, presents a unique investment opportunity. Built in 2006, the single-story property sits on a spacious 51,860 square foot lot and is zoned Commercial-2 (C-2) Overlay Zone within Los Angeles County. The center features two suites, currently fully vacant, offering flexible space options. Individual suites range from a minimum of 1,720 square feet to a maximum contiguous space of 3,465 square feet, providing adaptability for various retail businesses. Ample parking is available with approximately 94 striped spaces plus 4 handicap-accessible spots. The property's high-profile location in Vernon, CA, 90058, offers excellent visibility and accessibility for customers. This is an ideal opportunity for a single tenant seeking a large space or for multiple tenants looking for smaller, adjacent units. The property's size and location make it a highly desirable asset in a thriving commercial area. The property's convenient location and ample parking make it an attractive option for businesses seeking a strong presence in the Vernon market. Contact us today to learn more about this exceptional retail opportunity.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2006
Construction WOOD
Total area 14,102 SF
Lot 1.18 ac (51,436 SF)
Zoning code VEM&MS4*
APN 6302-008-010
UPID US09-7279540
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.80M
Comparable Approach Comparable
$2.82M
Blend (final) Blend
$4.17M
Owner & transaction history
Dharam Pal · 6 yrs held
Dharam Pal
since 2019
7 recorded transactions
2019
$6.9M
2016
$5.8M
2007
$5.8M
2006
Price N/A
2005
$2.5M
2003
Price N/A
2003
Price N/A
Zoning & alternative use
VEM&MS4* · Vernon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $6.5M +20.7%
Medical building $6.4M +18.6%
Office building $6.3M +17.0%
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