Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    18112 Parthenia St Northridge, CA 91325

    For Sale
    $69,000

    Korean Restaurant, High-Traffic Location, Great Value

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional business opportunity presents the chance to acquire a thriving Korean restaurant ideally situated in a high-traffic shopping center at 18112 Parthenia Street, Unit C, Northridge, CA. The restaurant, known for its delicious and diverse menu, benefits from a prime corner location within the center, ensuring excellent visibility and accessibility. Ample parking is readily available for patrons, enhancing convenience and attracting a larger customer base. The strategic location near California State University, Northridge (CSUN), Costco, and the Northridge Fashion Mall guarantees a consistent flow of potential customers from a diverse demographic. This turnkey operation offers a seamless transition for a new owner, providing an established business with a proven track record and immediate revenue potential. The sale price of $69,000 represents a significant value for a well-established restaurant in such a desirable location. The property is situated on a 0-acre lot, and while the exact square footage isn't specified, the corner location and high visibility within the shopping center suggest a substantial space suitable for a thriving restaurant operation. This is a rare opportunity to acquire a profitable and well-regarded business in a prime Northridge location. Serious inquiries are encouraged to explore this exciting investment prospect further. The property is ready for immediate occupancy and continued success.

    Property Features for 18112 Parthenia St

    General Information

    Property type
    Investment properties
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Northridge
    County
    Los Angeles
    State
    California
    Longitude
    -118.5281
    Latitude
    34.22834

    Nearby Similar for Sale

    • New
      $1,490,000
      3,226 SF

      North Hills Multi-Unit Property

      Three homes on one lot in North Hills, CA.
      16233 Parthenia St, Northridge, CA 91343
      View Details
    • $300,000

      Coffee Catering Business Opportunity

      Mobile coffee catering business serving the greater Los Angeles area.
      18638 Vincennes St, Northridge, CA 91324
      View Details
    • $4,650,000
      Pending

      Sprawling Ranch in Sherwood Forest

      Rare 2.34-acre ranch property with multiple structures.
      17545 Parthenia St, Northridge, CA 91325
      View Details
    • $7,995,000
      40,606 SF

      Northridge Multifamily Investment Opportunity

      40-unit apartment building with value-add potential in a prime location.
      8567 Balboa Blvd, Northridge, CA 91325
      View Details
    • $7,825,000
      32,452 SF

      Northridge Multifamily Investment Opportunity

      54-unit apartment building with value-add potential in Northridge, California.
      8615 Balboa Blvd, Northridge, CA 91325
      View Details
    • $1,599,000

      Turn-Key Licensed RCFE with Real Estate

      Licensed 6-bed RCFE, fully occupied, includes business assets.
      10204 Gerald Ave, Northridge, CA 91343
      View Details

    FAQs

    What type of property is this?
    Investment property - Korean Restaurant, High-Traffic Location, Great Value
    Where is this investment property located?
    The property is located at 18112 Parthenia St Northridge, CA.
    What is the asking price?
    The asking price for this property is $69,000.
    (818) 970-6786
    Request Owner's contact information
    18112 Parthenia St Northridge, CA 91325
    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.
    18112 Parthenia St
    Northridge, CA 91325
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    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.

    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.

    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
    18112 Parthenia St Northridge, CA 91325
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.