Matthew Wenzel

Bellflower CA Commercial Sale for Sale

The subject property is an 8,480 SF single-story retail building located at 9334 Alondra Blvd in the city of Bellflower, CA. Situated on a 0.93-acre parcel of land, the building currently operates as a thrift store which is operated by the owner of the property.This building is located on busy Alondra Blvd, just to the west of Clark Avenue in central Bellflower. The site is level and fully paved, rectangular in shape with all utilities on-site, and the site benefits from 150 of frontage along Alondra Blvd. There are 46 surface parking spaces on site which provides for a parking ratio of 5.42/1,000SF.Zoning on this site is CG (General Commercial). The site is also part of the City of Bellflowers Opportunity Area 2 in the Housing Element of the General Plan. Opportunity Area 2 is primarily composed of retail and service uses in single-story stand-alone buildings with large surface parking areas tucked behind. This building is surrounded by a mix of commercial and retail uses to the east and west along Alondra Blvd which is a very busy east-west arterial through the city of Bellflower. This site has primary access on the north side along Alondra Boulevard with a secondary access on the south side from Alpha Avenue. The site is conveniently located less than a mile north of the 91 freeway and approximately 1.7 miles west of the 605 freeway.

Sun Valley CA Land for Sale

The subject property is 1.14 acres of residential land located at 11958-11964 Allegheny Street in the city of Sun Valley. This site is composed of two individual parcels of land with APNs #2631-004-001 & 002. The site is located on Allegheny Street just a block south of San Fernando Road and less than a mile north of the I-5 freeway. Zoning on this site is split with the 11964 Allegheny parcel zoned [T] [Q] RD3-1-CUGU (Restricted Density Multiple Dwelling) and the 11958 Allegheny parcel zoned RA-1-CUGU (Suburban Residential). The General Plan Land Use for both parcels is Low Medium I Residential. This property is flat and rectangular in shape with 150 of frontage along Allegheny Street and a depth of 331'. All utilities are on site. The site is fully fenced and has two gated entry points along Allegheny Street. There are two small houses on the site, both built in 1947. The site is currently leased out to Best Trucking Services Inc. who has been a tenant since 2018. This tenant is on a month-to-month basis. The subject property is adjacent to a group of small to mid-sized multifamily buildings to the south along Allegheny Street, and industrial development to the north and to the east. Directly across the street from the property is Allegheny Park which is a new 1-acre city public park, and the Alliance 6-12 Charter Public School. This site is just minutes from Burbank, Studio City, North Hollywood and the city of Los Angeles and benefits from its close proximity to the I-5 freeway.

Sun Valley CA Land for Sale

The subject property is 1.14 acres of residential land located at 11958-11964 Allegheny Street in the city of Sun Valley. This site is composed of two individual parcels of land with APNs #2631-004-001 & 002. The site is located on Allegheny Street just a block south of San Fernando Road and less than a mile north of the I-5 freeway.Zoning on this site is split with the 11964 Allegheny parcel zoned [T] [Q] RD3-1-CUGU (Restricted Density Multiple Dwelling) and the 11958 Allegheny parcel zoned RA-1-CUGU (Suburban Residential). The General Plan Land Use for both parcels is Low Medium I Residential.This property is flat and rectangular in shape with 150 of frontage along Allegheny Street and a depth of 331'. All utilities are on site. The site is fully fenced and has two gated entry points along Allegheny Street. There are two small houses on the site, both built in 1947.The site is currently leased out to Best Trucking Services Inc. who has been a tenant since 2018. This tenant is on a month-to-month basis.The subject property is adjacent to a group of small to mid-sized multifamily buildings to the south along Allegheny Street, and industrial development to the north and to the east. Directly across the street from the property is Allegheny Park which is a new 1-acre city public park, and the Alliance 6-12 Charter Public School. This site is just minutes from Burbank, Studio City, North Hollywood and the city of Los Angeles and benefits from its close proximity to the I-5 freeway.

Sun Valley CA Land for Sale

The subject property is a 1.14 acre industrial yard located at 11942-11950 Allegheny Street in the city of Sun Valley. This site is composed of two individual parcels of land with APNs #2631-003-014 & 015. The site is located on Allegheny Street just a block south of San Fernando Road and less than a mile north of the I-5 freeway. The site is currently leased out to Best Trucking Services Inc. who has been a tenant since 2018. The term of their existing lease expires in February of 2028 at which time they will have one single remaining 5-year option. Best Trucking is currently paying $0.29 per square foot for the land at this time (gross lease), however the 5-year option lease rate will be at Prevailing Market Rates which is going to be an increase if they decide to stay. There are two small houses on the property which can be used as offices. The houses are 1,150 square feet and 720 square feet and they were built in 1947. There is also a newer 900 square foot structure on site that is used as a garage. This property is flat and rectangular in shape with 150 of frontage along Allegheny Street and a depth of 331'. The site is fully fenced and has two gated entry points along Allegheny Street. Zoning on this site is [T][Q] M1-1-CUGU which is a Limited Industrial zoning classification. The General Plan Land Use is Limited Manufacturing. Height District 1 in the M1 zone allows for a FAR of 1.5:1 and does not indicate a height limit. The subject property is surrounded by industrial buildings to the north and to the east along with several small to mid-sized multifamily buildings to the south along Allegheny Street. Directly across the street from the property is Allegheny Park which is a new 1-acre city public park, and the Alliance 6-12 Charter Public School. M1 industrial sites of 1+ acres are very difficult to find in the San Fernando Valley and the market is extremely supply-restricted. This property should be of great interest to both investors and users looking to find an industrial site with great access to a major freeway.

Murrieta CA Land for Sale

The property for sale is a 5.34 acre development site located at 24264 Washington Avenue in the city of Murrieta, CA. The site is composed of two parcels of land with APNs 906-780-035 & 037 and the site is generally level/rectangular in shape with 330 of frontage along busy Washington Ave. There are currently two older single-family homes on the site. Zoning on the site is NC Neighborhood Commercial and the General Plan Land Use designation is Commercial. The NC zoning district is designed for areas appropriate for convenience shopping, including individual retail and service uses and small destination centers on sites generally 3-10 acres in size. Directly to the south of this property is a site that has recently been approved for a 7-Eleven convenience store with an 8-pump gas station. This site benefits from close proximity to downtown Murrieta as the property is just blocks to the north of historic Old Town Murrieta which is known for its vibrant art scene and large number of shops and restaurants. The property is also just 3 blocks to the west of the I-15 freeway and is one block to the south of Murrieta Valley High School. There are several newer residential projects along this immediate stretch of Washington Avenue including a 60-unit project from Legacy Homes, a 64-unit project from KB Homes, a 64-unit project from Alexander Communities and a 132-unit project from Lennar. The city of Murrieta has a huge residential development pipeline at thistime and the demand for local retail will only grow with the population of the city.

Norco CA Land for Sale

The subject property is a 44.8 acre development site located on Norco Drive between Norconian Drive and Hamner Avenue in the city of Norco, CA. Located in central Norco, this site on the south side of Norco Drive just two blocks to the west of the I-15 freeway.The site is composed of three individual parcels, which are as follows: Parcel 1 (APN #130-240-021): Parcel 1 fronts Norco Drive (535 of frontage) and wraps around Beacon Hill Church. This parcel is approximately 7.20 acres in size and is zoned CG Commercial General. This site is included as part of the City of Norcos Housing Development Overlay which allows residential densities of up to 30 du/acre. Parcel 2 (APN #130-240-022): Parcel 2 is basically the larger part of Beacon Hill and has quite a bit of steep topography. This parcel is approximately 25.36 acres in size and is zoned CG Commercial General. There are two cell phone towers located on this parcel that are both owned by third parties.Parcel 3 (APN #130-240-023): Parcel 3 fronts Norconian Drive (1,087 of frontage) at the western edge of the property. This parcel is approximately 12.23 acres in size and is zoned A-1-20 (Agriculture Low Density Residential 20,000 SF lots). This site is included as part of the City of Norcos Housing Development Overlay which allows residential densities of up to 30 du/acre.Housing Development Overlay: The Housing Development Overlay (HDO) Zone is intended to facilitate and encourage the development of affordable housing within the city of Norco. According to the HDO, residential development may include the development of single-family homes, multifamily homes, condominiums, townhomes, courtyard housing and other similar forms of housing and shall be developed at a density of 20 to 30 dwelling units per acre.

Murrieta CA Land for Sale

The property for sale is a 5.34 acre development site located at 24264 Washington Avenue in the city of Murrieta, CA. The site is composed of two parcels of land with APNs 906-780-035 & 037 and the site is generally level/rectangular in shape with 330 of frontage along busy Washington Ave. There are currently two older single-family homes on the site. Zoning on the site is NC Neighborhood Commercial and the General Plan Land Use designation is Commercial. The NC zoning district is designed for areas appropriate for convenience shopping, including individual retail and service uses and small destination centers on sites generally 3-10 acres in size. Directly to the south of this property is a site that has recently been approved for a 7-Eleven convenience store with an 8-pump gas station. This site benefits from close proximity to downtown Murrieta as the property is just blocks to the north of historic Old Town Murrieta which is known for its vibrant art scene and large number of shops and restaurants. The property is also just 3 blocks to the west of the I-15 freeway and is one block to the south of Murrieta Valley High School. There are several newer residential projects along this immediate stretch of Washington Avenue including a 60-unit project from Legacy Homes, a 64-unit project from KB Homes, a 64-unit project from Alexander Communities and a 132-unit project from Lennar. The city of Murrieta has a huge residential development pipeline at this time and the demand for local retail will only grow with the population of the city.

Norco CA Land for Sale

The subject property is a 44.8 acre development site located on Norco Drive between Norconian Drive and Hamner Avenue in the city of Norco, CA. Located in central Norco, this site on the south side of Norco Drive just two blocks to the west of the I-15 freeway. The site is composed of three individual parcels, which are as follows: Parcel 1 (APN #130-240-021): Parcel 1 fronts Norco Drive (535 of frontage) and wraps around Beacon Hill Church. This parcel is approximately 7.20 acres in size and is zoned CG Commercial General. This site is included as part of the City of Norcos Housing Development Overlay which allows residential densities of up to 30 du/acre. Parcel 2 (APN #130-240-022): Parcel 2 is basically the larger part of Beacon Hill and has quite a bit of steep topography. This parcel is approximately 25.36 acres in size and is zoned CG Commercial General. There are two cell phone towers located on this parcel that are both owned by third parties. Parcel 3 (APN #130-240-023): Parcel 3 fronts Norconian Drive (1,087 of frontage) at the western edge of the property. This parcel is approximately 12.23 acres in size and is zoned A-1-20 (Agriculture Low Density Residential 20,000 SF lots). This site is included as part of the City of Norcos Housing Development Overlay which allows residential densities of up to 30 du/acre. Housing Development Overlay: The Housing Development Overlay (HDO) Zone is intended to facilitate and encourage the development of affordable housing within the city of Norco. According to the HDO, residential development may include the development of single-family homes, multifamily homes, condominiums, townhomes, courtyard housing and other similar forms of housing and shall be developed at a density of 20 to 30 dwelling units per acre.

Costa Mesa CA Land Lot for Sale

The subject property is a 0.43 acre parcel of land located on Bristol Street in the city of Costa Mesa one block south of Bear Street and the 73 freeway. This site is rectangular in shape and measures approximately 50 wide by 385 deep. The site is completely paved over and is striped as a parking lot although it is not being utilized at the current time. The property is zoned Commercial Limited (CL) and has a General Plan Land Use designation of General Commercial. The CL zoning district is intended for unique areas of land which, due to the proximity of residential development or the potential for traffic circulation hazards, require special precautions to be taken to assure appropriate development. In November of 2022, the voters of the city of Costa Mesa passed a revitalization ordinance known as Measure K. The Measure K ordinance provides for housing options and revitalization along specific key corridors within the city. This property falls within one of the very few Measure K designated corridors in the city. The site is located on the small stretch of Bristol Street that is bounded by the 73 freeway to the north and the 55 freeway to the south. Bristol Street is a major arterial through the city which means that it is a six-lane divided roadway with a raised median

San Diego CA Land Lot for Sale

The subject property is a prime 0.22 acre redevelopment site located at 1014 Broadway in downtown San Diego. Currently operating as a small retail center, all leases on this property are on a month-to-month basis with the exception of one lease for a 1,600 SF space that expires in 2029. Broadway is a major east-west arterial through downtown San Diego and this site benefits from the exposure of 100' of frontage along Broadway as well as 100' of frontage along 10th Avenue. Zoning for this property is Centre City Planned District - Employment/Residential Mixed-Use (CCPD-ER). Base Floor Area Ratio (FAR) for the CCPD-ER zoning classification is 6.0 with a maximum of 10.0. A bonus FAR of 4.0 could also be taken advantage of to increase to possible maximum FAR of a new building on this site to 14.0. With an FAR of 10.0, a structure of 96,030 SF could be built. Including the bonus FAR, a structure of 134,442 SF could be built. This property qualifies as a Complete Communities Housing Solutions Tier 1 site which would allow a developer unlimited FAR. Additionally, the site is located within a Qualified Census Tract (QCT) as well as within a Difficult Development Area (DDA). The East Village district of downtown San Diego is the center of where much of the proposed residential growth un

Long Beach CA Commercial for Sale

** BRAND NEW BUILDING - PRICE REDUCED - NOW 6.55% CAP - 4 of the 5 Units Leased ** The subject property is a newly constructed 5-unit townhouse style apartment building located at 1115 E. Artesia Blvd. in the city of Long Beach. Construction on this building was completed in early February 2024 and leasing has begun (four of the five units have already been leased up). This property is composed of three separate three-story structures with approximately 7,895 square feet of rentable space sitting on a parcel of approximately 6,208 square feet. The units at this property are significantly larger than other for-rent units typically found in the Long Beach market and are perfectly positioned for multi-generational families and work-from-home roommate environments. Three of the units are large 5-bedroom, 3.75 bath three-story townhome units of approximately 1,750 square feet with attached two-car garages. One of the units is a 4-bedroom, 3-bath three-story townhome unit of approximately 1,421 square feet and the fifth unit is an affordable housing unit and is a 3-bedroom, 2-bath unit of approximately 1,252 square feet. For-rent townhomes of this size and bedroom count are extremely hard if not impossible to find in the Long Beach market, especially in newly constructed buildings. As

Santa Ana CA Land Lot for Sale

The subject property is a 25,165 SF (Gross) parcel of industrial land located at 1540 E. Edinger Avenue in the city of Santa Ana. Part of a larger office/industrial development, the property is located on the south side of Edinger Avenue just east of Grand Avenue and is situated less than a mile to the west of the 55 freeway. Previously, there had been an office building located on this property although several years ago the building burned down. There is currently a recorded office condominium map in place along with a full set of CCRs that would allow for the construction of a two-story 16-unit office condominium project of approximately 7,840 SF. Zoning on this site is M-1 Light Industrial and the General Plan Land Use Designation is Industrial. The purpose of the Industrial designation is to provide space for activities such as light/heavy manufacturing, warehousing, processing and distribution as well as commercial uses ancillary to industrial activities. Industrial designations typically allow for buildings with a Floor Area Ratio of up to 0.45 with typical height limits of 35. This property is flat and rectangular in shape with gross dimensions of 105.1 of frontage along Edinger Avenue and a depth of 230. The northerly 30 of the parcel and the easterly 13

Riverside CA Land Lot for Sale

The subject property is a 0.45 acre infill residential development site located at 4802-4812 Doane Ave. in the La Sierra community of Riverside, California. The property is zoned R-3-1500 residential which allows for up to 29 dwelling units per acre. This zoning also allows for Unlimited Density for a 100% Affordable Housing project. The General Plan Land Use designation for this site is MU-V Mixed-Use Village which provides for medium to high density residential development with retail, office and service uses primarily at the street level to facilitate a pedestrian environment. This site is located one block to the east of the busy La Sierra commercial corridor. The neighborhood in this area is primarily residential in nature and is composed of single-family residences, duplexes, fourplexes and small multi-family apartment buildings. Directly to the north of the subject property is the Church of Christ building. The site is generally flat with approximately 100 of frontage along Doane Avenue and approximately 131 of frontage along Wells Avenue. This is an infill site and all utilities are available in in the street. Additionally, this site is in the Alvord Unified School District with elementary, middle and high schools all in close proximity. Riverside is similar to t

San Diego CA Commercial for Sale

The subject property is a mixed use Residential/Retail opportunity in the East Village neighborhood of San Diego. This East Village location affords this property easy access to all the businesses, restaurants, art galleries and the numerous parks in and around East Village. Petco Park, Home of the San Diego Padres baseball team is within walking distance and the subject property is located directly next to the MTS Trolley Line. Additionally, the East Village is a thriving new residential neighborhood with thousands of high-end apartment and condominium units in various stages of completion and planning. The building was built in 1930 and consists of a retail space on the ground floor of approximately 4,900 square feet and what was believed to be originally 30 Single Room Occupancy (SRO) Units on the top floor. The retail is currently on a lease with Urban Pedicabs of San Diego. Urban Pedicabs also subleases a portion of their space to Urban Sign & Print. The upper floor SRO units are on a Master Lease for a total of $2,000/Month with the lessor responsible for all utilities, maintenance, and management of the units. The SRO units are all roughly 100 square feet or 10 x 10 with some that are 10 x 8. There are a total of 5 bathrooms, 3 showers, 1 kitchen, 1 dining room, 1 laundry

Riverside CA Land Lot for Sale

The subject property is a 0.90 acre infill development site located at 3732-3736 Van Buren Blvd. in Riverside, California. Located less than mile to the north of the 91 Riverside Freeway, this site is composed of three individual parcels of land with great visibility along Van Buren Blvd. including 221 of street frontage. Zoning on the property along with the General Plan Land Use designation for this site is Mixed-Use Village (MU-V). MU-V allows for densities of up to 30 dwelling units/acre providing for medium to high density residential development. Retail, office and service uses at the street level can be included to facilitate a vibrant pedestrian environment. Additionally, higher residential densities are permissible for projects in this zone as the site has the potential to serve as a transit-oriented development project. Under the MU-V zoning code, proposed projects within one-half of a mile of a transit stop along Magnolia Ave. may have their residential density increased to 40 dwelling units per acre. California Assembly Bill 803 (AB 803), also known as the Starter Home Revitalization Act of 2021 was signed into law to encourage the construction of modestly sized single-family homes that may be affordable to first-time homebuyers. The subject property would qu

Paramount CA Commercial Sale for Sale

The subject property is a 3-story office building located at 16660 Paramount Blvd. in the city of Paramount, CA. The property is a 45,900 SF off-campus medical office property situated on 1.67 acres of land. The building was built in 1973 and is currently 100% occupied by a mix of medical and office-oriented tenants with a master lease in place with Kinder Healthcare until March of 2026. This property is located only a block to the south of Paramount City Hall on Paramount Blvd, and is part of the Central Business District Area 1. Paramount Blvd. is a busy north-south arterial with approximately 25,670 VPD (DOT 2017). The property is also only mile north of the 91 Freeway providing great freeway access. The site is rectangular in shape with approximately 340 of frontage along Paramount Blvd. and approximately 214 of frontage along E. 70th Street.There are 107 parking spaces in a striped surface parking lot providing a parking ratio of 2.33 parking spaces per 1,000 SF. The roof type is flat built-up composition and it was recently replaced in December of 2020 (15-year warranty). Additionally, there are two elevators to serve this building.This property is located in an ideal location for any company serving the Los Angeles and Orange County market area and is priced competitivelyfor either an owner/user, an investor, or a developer who would want to redevelop the site.

Big Bear CA Land for Sale

*PRICE JUST REDUCED* The subject property for sale is a 32.09-acre development site located at Hwy 38 and Erwin Ranch Road in the city of Big Bear City, CA. This site is composed of two individual parcels of undeveloped land (22.1 acres and 9.3 acres) with great visibility and approximately 1,573' of frontage on busy Highway 38 to the west. Erwin Ranch Road runs through the property with the larger parcel to the west and the smaller parcel to the east.Zoning for this site is Bear Valley/Special Development-Residential (BV/ SD-RES). This land use allows for a variety of uses of which the highest and best use may well be a large lot detached single-family neighborhood. Tentative Tract Map #15498 for the development of 32 large lot single-family homes had previously been approved on this site although that tract map has now expired.This site is generally level and covered with a mix of pine trees.

Big Bear CA Land for Sale

*PRICE JUST REDUCED* The subject property for sale is a 32.09-acre development site located at Hwy 38 and Erwin Ranch Road in the city of Big Bear City, CA. This site is composed of two individual parcels of undeveloped land (22.1 acres and 9.3 acres) with great visibility and approximately 1,573' of frontage on busy Highway 38 to the west. Erwin Ranch Road runs through the property with the larger parcel to the west and the smaller parcel to the east. Zoning for this site is Bear Valley/Special Development-Residential (BV/ SD-RES). This land use allows for a variety of uses of which the highest and best use may well be a large lot detached single-family neighborhood. Tentative Tract Map #15498 for the development of 32 large lot single-family homes had previously been approved on this site although that tract map has now expired. This site is generally level and covered with a mix of pine trees.

Bellflower CA Land for Sale

The subject property is a 0.93-acre site located at 9334 Alondra Blvd in the city of Bellflower, CA. The property is currently improved with a single-story 8,840 SF building that the owner operates as a thrift store. The property is located on busy Alondra Blvd, just to the west of Clark Avenue in central Bellflower. The site is level and fully paved, rectangular in shape with all utilities on-site, and the site benefits from 150 of frontage along Alondra Blvd.Importantly, this site is also located in the City of Bellflowers Opportunity Area 2 in the Housing Element of the General Plan - this property is specifically designated as Opportunity Site 2.2. Opportunity Area 2 is currently developed with retail and service uses in single-story stand-alone buildings with large surface parking areas tucked behind. Area 2 is surrounded by single family residential to the south, multi-family residential to the north, and a mix of commercial and retail uses to the east and west.The Area is also zoned General Commercial which does not currently allow housing as a permitted use. To facilitate the development of housing at a variety of income levels, all parcels in Opportunity Area 2 would be redesignated Mixed Use in the General Plan. To rezone the parcels, a housing overlay will be applied to permit residential development at densities of up to 30 dwelling units per acre. The overlay zone provides flexibility in that future developers can either propose projects in accordance with the underlying zone or the overlay classification.This site has primary access on the north side along Alondra Boulevard with a secondary access on the south side from Alpha Avenue. Because this site is greater than 0.5 acres and less than 10 acres in size, it is assumed that it could accommodate moderate, or above moderate-income residential development. According to the city, given the residential location of the site, proximity to the Downtown area, transit accessibility, and high potential for increased development, this site is likely to be developed with housing during the 2021-2029 planning period.

Bellflower CA Land for Sale

The subject property is a 0.93-acre site located at 9334 Alondra Blvd in the city of Bellflower, CA. The property is currently improved with a single-story 8,840 SF building that the owner operates as a thrift store. The property is located on busy Alondra Blvd, just to the west of Clark Avenue in central Bellflower. The site is level and fully paved, rectangular in shape with all utilities on-site, and the site benefits from 150 of frontage along Alondra Blvd. Importantly, this site is also located in the City of Bellflowers Opportunity Area 2 in the Housing Element of the General Plan - this property is specifically designated as Opportunity Site 2.2. Opportunity Area 2 is currently developed with retail and service uses in single-story stand-alone buildings with large surface parking areas tucked behind. Area 2 is surrounded by single family residential to the south, multi-family residential to the north, and a mix of commercial and retail uses to the east and west. The Area is also zoned General Commercial which does not currently allow housing as a permitted use. To facilitate the development of housing at a variety of income levels, all parcels in Opportunity Area 2 would be redesignated Mixed Use in the General Plan. To rezone the parcels, a housing overlay will be applied to permit residential development at densities of up to 30 dwelling units per acre. The overlay zone provides flexibility in that future developers can either propose projects in accordance with the underlying zone or the overlay classification. This site has primary access on the north side along Alondra Boulevard with a secondary access on the south side from Alpha Avenue. Because this site is greater than 0.5 acres and less than 10 acres in size, it is assumed that it could accommodate moderate, or above moderate-income residential development. According to the city, given the residential location of the site, proximity to the Downtown area, transit accessibility, and high potential for increased development, this site is likely to be developed with housing during the 2021-2029 planning period.