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1501 Celis St 5,056 sq ft 100% Let Retail Property San Fernando, CA 91340 £1,094,996 (£216.57/sq ft) 3% Net Initial Yield
INVESTMENT HIGHLIGHTS
- Five (5) roof mounted evaporative (swamp) coolers
- Concrete block, panelized roof system
- Low rents with huge upside potential.
EXECUTIVE SUMMARY
5 unit business park—5,056 square feet.
10,058 square feet of SP-5 zoned land.
All units on month-to-month tenancies.
Value added—property needs some refurbishment .
Phase I & Phase II Reports completed.
10,058 square feet of SP-5 zoned land.
All units on month-to-month tenancies.
Value added—property needs some refurbishment .
Phase I & Phase II Reports completed.
PROPERTY FACTS In Escrow
Sale Type
Investment or Owner Occupier
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Vehicle Repair Garage
Property Size
5,056 sq ft
Costar Property Class
B
Year Built
1973
Price
£1,094,996
Price per sq ft
£216.57
Yield
3%
NOI
£32,799
Occupancy Rate
100%
Tenancy
Multiple
Number of Floors
1
Plot ratio
0.50
Total Plot Size
0.23 ac
Use Class
SP-5 - Specific Planning Area
Parking
12 Spaces (2.37 Spaces per 1,000 sq ft Leased)
Frontage
115 ft on Celis St
AMENITIES
- Bus Route
Walk Score®
Excellent pedestrian access (90)
Bike Score®
Good for cycling (71)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2612-006-026 | Improvements Assessment | £384,195 |
| Land Assessment | £695,315 | Total Assessment | £1,079,510 |
PROPERTY TAXES
Parcel Number
2612-006-026
Land Assessment
£695,315
Improvements Assessment
£384,195
Total Assessment
£1,079,510
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1501 Celis St
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