Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Established Dental Practice in Canoga Park Title is generated by Realmo AI

    7220 De Soto Avenue, Canoga Park, CA 91304

    View on Map
    Claim this Listing
    Picture of Medical Office Space at 7220 De Soto Avenue, Canoga Park, CA
    For Sale
    $150,000

    Business Opportunity - Canoga Park, CA

    Added:
    Jan 5, 2025
    Days on Market:
    496
    Last Refresh:
    May 16 at 1:06 am

    Property Features for 7220 De Soto Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Edward Romero

    Listing agent Edward Romero License #01308266

    Listing office Sunset Group Realty 5627 Kanan Rd., Encino, CA

    Listing date Jan 5, 2025

    MLS# SR25002666 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Established dental practice in business for over 40 years.
    • Thriving Canoga Park location near Sherman Way and De Soto Ave.
    • $500,000 annual gross revenue.
    • 3.5 day work week.
    • Features three operatories.
    • Includes office, front desk, and waiting room.

    Overview

    A dental office opportunity is available in the thriving Canoga Park area, situated near the intersection of Sherman Way and De Soto Avenue. The practice has been operating for over 40 years. The layout includes three operatories, an office, a front desk, and a waiting room. The business generates $500,000 annually, operating on a 3.5-day work week. This commercial real estate is located in Canoga Park, Los Angeles County, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Medical Office Space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Veterinarian Service — 7921 Canoga Ave, Canoga Park, CA 91304

    Location Insight

    • Map
    • Local Demand
    City
    Canoga Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.58886
    Latitude
    34.22403

    Nearby Similar for Sale

    • $948,800
      1,500 SF

      Retail Storefront in Sherman Corridor

      1,500 SF retail storefront in Canoga Park for sale.
      21627 Sherman Way, Canoga Park, CA 91303
      View Details
    • $1,585,000
      3,700 SF

      Canoga Park Triplex Opportunity

      Three separate homes on a large lot in Canoga Park.
      22137 Gault Street, Canoga Park, CA 91303
      View Details
    • $280,000
      900 SF

      Canoga Park Condo Investment Opportunity

      First-floor condo with tenant, near amenities and shopping.
      8601 International Avenue, Canoga Park, CA 91304
      View Details
    • $998,800

      Canoga Park Commercial Property

      Commercial property for sale in Canoga Park, Los Angeles County.
      21627 Sherman Way, Canoga Park, CA 91303
      View Details
    • $9,000,000

      Canoga Park Office Building

      Office building for sale in Canoga Park, California.
      7045 Farralone Ave., Canoga Park, CA 91303
      View Details
    • $5,100,000

      Luxury Multifamily Community in Canoga Park

      Nine-unit multifamily community built in 2020 near Westfield Topanga.
      7018 Alabama Ave, Canoga Park, CA 91303
      View Details
    • Contact for pricing

      Office Building Near Warner Center

      Office building with parking and potential for medical uses.
      7049 Owensmouth Ave, Canoga Park, CA 91303
      View Details
    • $1,585,000

      Multifamily

      22137 Gault, Canoga Park, CA 91303
      View Details

    FAQs

    What type of property is this?
    Medical Office Space - Dental office opportunity in a thriving Canoga Park location.
    Where is this medical office space located?
    The property is located at 7220 De Soto Avenue Canoga Park, CA.
    What is the asking price?
    The asking price for this property is $150,000.
    What are key features of this property?
    This property features: Established dental practice in business for over 40 years.; Thriving Canoga Park location near Sherman Way and De Soto Ave.; **$500,000 annual gross revenue.**
    (818) 231-5974
    We can help!
    Listing Contact
    Edward Romero
    Real Estate License ID: 01308266
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    7220 De Soto Avenue, Canoga Park, CA 91304
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!