9216 Sepulveda Blvd Los Angeles, CA 90045
- Auto shops
- 1,266 SF
- 0.24 lot acres
Dec 21, 2023
Current Use by Public Records
- Auto shops
Property Details for 9216 Sepulveda Blvd
- Year built
- 1960
- Lot size
- 0.24 lot acres
- Property size
- 1,266 SF
- Zone code
- LAC2
- Property type
- Auto shops
- APN
- 4124-001-008
- APU
- 4124001008
Description
This exceptional investment opportunity presents a 10,000-square-foot auto shop in Los Angeles, CA, ideally situated near LAX. Currently operating at 100% occupancy with two tenants under a net lease agreement expiring May 31, 2027 (2.5 years remaining). The property boasts a strong net operating income (NOI) of $210,000, yielding a 5.12% cap rate. The asking price is $4,100,000, translating to $410 per square foot. Located at 9216 S Sepulveda Blvd, Los Angeles, CA 90045, this property sits on a 10,000-square-foot lot zoned C2, offering significant redevelopment potential. The existing building is a single structure. High visibility and traffic volume make this a prime location for continued success or future development. The property includes a billboard. This is a 1031 exchange eligible property, making it an attractive option for investors seeking tax advantages. The property's triangular shape adds to its unique appeal and potential for future uses. This is a motivated seller situation.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,465,000
- ML approach
- $3,350,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.396
- Latitude
- 33.9529
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
