7325 Atoll Ave North Hollywood, CA 91605-4107
- Manufacturing properties
- 9,995 SF
- 0.29 lot acres
Dec 20, 2022
Current Use by Public Records
- Mr. Wireless / Cell Phone Store
Property Details for 7325 Atoll Ave
- Year built
- 1952
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.29 lot acres
- Property size
- 9,995 SF
- Zone code
- LAM2
- Property type
- Manufacturing properties
- APN
- 2327-002-001
- APU
- 2327002001
Description
This exceptional 9,995 square foot manufacturing facility, built in 1952, sits on a 12,751 square foot lot in desirable North Hollywood, CA. The property boasts LAM2 zoning, perfect for light industrial and manufacturing uses, offering versatile options for owner-users. Strategically located near the 170 Hollywood Freeway and Interstate 5, it provides excellent accessibility and efficient distribution throughout the Greater Los Angeles area. Its proximity to Burbank Airport and the San Fernando Valley's thriving business community, including major entertainment studios and media companies, further enhances its value. This well-positioned asset presents a compelling opportunity for investors or owner-users seeking a presence in this dynamic industrial corridor. The single-unit building offers a functional design and is situated in a high-demand Los Angeles County submarket, making it an attractive investment. The asking price is $3,500,000. The property's address is 7325 Atoll Ave, Los Angeles, CA 91605, and its APN is 2327002001.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,945,000
- 6.5%
- $1,795,000
- 7%
- $1,670,000
-
Alternative Use
- Use
- Estimation
- INDUSTRIAL (GENERAL)
- $2,680,000 Current use
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Location Insight
- Map
- Local Demand
- City
- North Hollywood
- County
- Los Angeles
- State
- California
- Longitude
- -118.421
- Latitude
- 34.2037
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
