Listed by Lee & Associates - LA North - Calabasas
Unpriced
4000-4002 N. Figueroa St & 29338 Roadside Dr
Details
APN 5451-007-018: 2061-004-038
Property Type Special Purpose
Sub Type Car Wash
Units 280
Cap Rate 6.10%
NOI $213,258
Pro-Forma Cap Rate 15.42%
Pro-Forma NOI $1,002,568
Year Built 1979/1998
Acreage 0.19 - 0.61
Zoning LAC2 / AH-BP-FC
Special Purpose | 6.10% CAP
Marketing description
For Sale.
Investment highlights
- Opportunity to aquire fee simple interest in the property as well as aquition of the operating on-site business
- Located in the Highland Park/Mt. Washington area of Northeast Los Angeles, near SR-110 with light-rail access.
- Strong Street-Level Activity: walkable, dense neighborhood.
- Population ~58,000 in ZIP 90042, with density ~12,900/square mile
- Median Household Income: $94,400
- Traffic counts for SR-110 near Ave 43—123,000 vehicles per day.
- Major employers within a 3-6-mile radius include key medical centers and colleges (e.g., Occidental College, Keck Medicine of USC, Children’s Hospital Los Angeles).
- Rare Current Approved uses on site are “grandfathered” and include Auto Repair, Auto Parts Sales, Auto Smog, and self-serve car wash.
- Nearby +/- 280 unit apartment Development set for completion Q1 2027.
- Median Household Income: $171,944
- Freeway-Visible: Located along the US-101 corridor between Kanan Rd and Reyes Adobe Rd, with freeway segments exceeding ~150,000 vehicles/day.
- Employment Base: Strong regional employment presence nearby with corporate HQs and major employers (life sciences, mortgage, insurance) within the Conejo/Calabasas/Agoura corridor.
Listing Contacts
Listed by Lee & Associates - LA North - Calabasas
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Loan Amount
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Annual Cash Flow
$213,258.00
$17,771.50/mo
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Zoning
[Q]C2-1VL-HPOZ OverlayQualified Commercial Very Limited Height Historic Preservation Overlay Zone
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View all 864 uses Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics
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