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Alondra Park, CA Commercial Investment Properties for Sale

Explore commercial real estate investment properties for sale in Alondra Park, California Market population: 8K. Explore income-producing properties with verified cap rates and...

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πŸ“Š Average Cap Rate For Alondra Park CA Properties: 6.68%

⭐ Featured

Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA

$1,750,000
San Fernando Multifamily

Presenting a compelling value-add opportunity in the heart of San Fernando, California, this 8-unit multifamily property...

Cap Rate 6.66%
NOI $116,550
Size 5,040 SF

πŸ“Š Avg Property Tax Rate For Alondra Park CA Properties: 1.2100%

⭐ Featured

Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate

$1,275,000
San Fernando Multifamily

Discover a compelling multifamily investment in the heart of San Fernando, California. This 5-unit apartment property, p...

Cap Rate 7.76%
NOI $98,945
Size 10,888 SF

Investor Questions For Alondra Park CA

Common questions from investors exploring commercial real estate in Alondra Park CA.

What's the overall investment potential of Alondra Park, CA, considering its demographics and economy? +
Alondra Park's diverse population, with 29.3% Hispanic, 20.6% White, and 14.4% Other, combined with a median household income of $54,484 and a poverty rate of 15.8%, suggests a working-class market with potential for stable rental income. The city's top industries, including Public Administration and Finance & Insurance, indicate a strong employment base, while the 24.9-minute average commute time and 82.9% health insurance coverage rate suggest a decent quality of life for residents.
How does the city's housing market look, and what are the key factors influencing property values? +
The median property value of $418,900 and median property taxes of $1,374 in Alondra Park indicate a relatively stable housing market. With a homeownership rate of 52.8% and a foreign-born rate of 24.8%, the city's diverse population and moderate income levels contribute to a balanced demand for housing. Additionally, the GINI coefficient of 0.407 suggests a relatively equal distribution of income, which can positively impact property values.
What are the implications of the city's commute patterns and health insurance coverage for real estate investors? +
The 24.9-minute average commute time and the fact that 12.2% of residents use public transit suggest that the city's infrastructure supports a convenient and relatively fast commute, making it attractive to renters. Furthermore, the 82.9% health insurance coverage rate, combined with a poverty rate of 15.8%, indicates a relatively stable and healthy population, which can lead to lower tenant turnover and more reliable rental income.
How does the city's ethnic diversity and industry mix impact the demand for real estate? +
Alondra Park's diverse population, with a mix of Hispanic, White, and Other ethnicities, contributes to a vibrant and dynamic community, which can drive demand for housing and commercial properties. The city's top industries, including Public Administration and Finance & Insurance, create a strong employment base, attracting professionals and families who value the area's quality of life and economic stability.
What are the key factors to consider when evaluating the potential return on investment (ROI) in Alondra Park's real estate market? +
When assessing ROI in Alondra Park, consider the median property value of $418,900, median property taxes of $1,374, and the city's relatively high poverty rate of 15.8%. Additionally, the 82.9% health insurance coverage rate and 24.9-minute average commute time suggest a decent quality of life, which can impact rental yields and property appreciation. The city's diverse population and strong employment base also contribute to a stable and potentially growing real estate market.

Alondra Park CA Real Estate & City Facts

Key facts and real estate information about Alondra Park CA.

What are some of the best neighborhoods to live in Alondra Park? +
Some of the best neighborhoods to live in Alondra Park include El Camino Village and areas near Alondra Community Regional Park. These neighborhoods offer a mix of residential areas, parks, and access to local amenities. However, it's worth noting that the area can be quite dense and traffic can be a challenge.
What are some fun things to do in Alondra Park? +
Alondra Park has a lot to offer when it comes to things to do. You can visit Alondra Community Regional Park, which features a pool, picnic and BBQ areas, and a large lake with many wild birds. Additionally, you can check out the Torrance Cherry Blossom Festival, or visit the nearby beach cities of Manhattan Beach, Hermosa Beach, and Redondo Beach. There are also plenty of great restaurants and bars in the area to explore.
What is the food scene like in Alondra Park? +
The food scene in Alondra Park is diverse and offers a range of options. You can find everything from classic American diners like Eat at Joe's, to Korean restaurants like Baek Am Korean Restaurant, and even upscale dining options like The Strand House in nearby Manhattan Beach. There are also plenty of great food trucks and casual eateries to grab a quick bite.
What are the pros and cons of living in Alondra Park? +
The pros of living in Alondra Park include its convenient location near the beach cities, access to plenty of parks and outdoor spaces, and a diverse range of restaurants and amenities. However, the area can be quite dense and traffic can be a challenge. Additionally, some areas of Alondra Park may have higher crime rates or less desirable living conditions. It's worth doing your research and weighing the pros and cons before deciding if Alondra Park is the right place for you to live.
Is Alondra Park a good place to live? +
Whether or not Alondra Park is a good place to live depends on your individual preferences and priorities. If you value convenience, diversity, and access to outdoor spaces, Alondra Park may be a great fit for you. However, if you're looking for a more laid-back or suburban lifestyle, you may want to consider other options. It's worth visiting the area and getting a feel for the community before making a decision.

πŸ“Š Average Income For Alondra Park CA Commercial Property: $54,484

⭐ Featured

7-Unit Multifamily Value-Add Opportunity in Long Beach with 7% Cap Rate

$2,100,000
Long Beach Multifamily

Discover a compelling value-add opportunity in the heart of Long Beach, California. This 7-unit multifamily property, lo...

Cap Rate 7.00%
NOI $144,960
Size 6,074 SF
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