413 Maclay Ave San Fernando, CA 91340-2416
- Investment properties
- 2,086 SF
- 0.16 lot acres
Sep 26, 2023
Current Use by Public Records
- Investment properties
Property Details for 413 Maclay Ave
- Year built
- 1966
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.16 lot acres
- Property size
- 2,086 SF
- Zone code
- SFC2*
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 2518-008-021
- APU
- 2518008021
Description
This exceptional 850-square-foot freestanding office building presents a unique opportunity in the desirable San Fernando, CA market (zip code 91340). The property boasts excellent visibility and signage potential, thanks to its prominent location and extensive window line. The building offers a single, contiguous space ideal for an executive office or small business. Features include central air and heating, ensuring year-round comfort. Security is enhanced by a fenced and secured parking area, providing peace of mind for tenants and their employees. An added convenience is the availability of an electric car charger. The building's prime location offers easy access to a variety of amenities, including restaurants, major retailers, and public transportation. Its proximity to the 5 freeway ensures convenient commuting for employees and clients. High vehicle traffic counts and dense population in the area contribute to strong visibility and potential for business growth. This is an exceptional opportunity to secure a well-appointed, freestanding office building in a thriving San Fernando location.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $895,000
- ML approach
- $950,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $705,000
- 6.5%
- $650,000
- 7%
- $605,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $895,000
Market price range: $299k - $896k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $615,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $1,270,000 Change: +106% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $965,000 Change: +57% Conversion: Difficult
- MEDICAL BUILDING
- $950,000 Change: +54% Conversion: Easy
- OFFICE BUILDING
- $935,000 Change: +52% Conversion: Easy
- WAREHOUSE, STORAGE
- $615,000 Change: -1% Conversion: Difficult
- RETAIL STORES
- $590,000 Change: -4% Conversion: Easy
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Location Insight
- Map
- Local Demand
- City
- San Fernando
- County
- Los Angeles
- State
- California
- Longitude
- -118.437
- Latitude
- 34.287
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
