Six-Bay Auto Repair
New
For Sale
$3,800,000
11050 Woodley, Granada Hills, CA 91344
The automotive facility will be delivered vacant at closing, with office and storage areas supporting owner occupancy.
Property Size5,756 SF
Lot Size0.28 Acres
Price / SF$659.15
Days on Market4
Property Features for 11050 Woodley
General Information
Standard status
Active
Size
5,756 SF
Total Parking Spaces
15
Lot size
0.28 Acres
Property subtype
Special Purpose
Additional Details
Fenced Yard
Yes
Service Bays
6
Amenities
15-foot garage ceilings
three above-ground lifts
two offices
ample storage
large mezzanine storage
second-floor offices and bathroom
dual access
spray booth
Building Details
Building Size
5,756 SF
Year Built
1985
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
JohnHart Real Estate
Listed By:
Karine Haneyan · License #02100210
Source:
Truthrealty
Added: Oct 8
Changed: Oct 10
Last Checked: Oct 10 at 2:19AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JohnHart Real Estate
Investment Insights
Based on property information with market context.
This 5,765-square-foot automotive property sits on a 12,242-square-foot lot and has six service bays with approximately 15-foot garage ceilings. Three above-ground lifts are in place, with space for two more. The main level includes two offices and storage, including a large mezzanine area; three additional offices and a bathroom are located upstairs.
A gated lot offers two access points and 15 parking spaces, with tandem parking for up to 25 vehicles. The reported electrical service is 240A/480V, three-phase, subject to verification. The existing spray booth is reported as nonconforming. The building and roof are reported in good condition. The property was built in 1985 and is to be delivered vacant at closing.
A gated lot offers two access points and 15 parking spaces, with tandem parking for up to 25 vehicles. The reported electrical service is 240A/480V, three-phase, subject to verification. The existing spray booth is reported as nonconforming. The building and roof are reported in good condition. The property was built in 1985 and is to be delivered vacant at closing.
Key Highlights
- 5,765‑square‑foot building on a 12,242‑square‑foot lot
- Six automotive service bays with approximately 15‑foot ceilings
- Three above‑ground lifts, with potential for two additional lifts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$133,789
Cap Rate
3.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,675,780
$2.7M
Cap Rate 7%
$1,911,271
$1.9M
Cap Rate 9%
$1,486,544
$1.5M
Market Conditions
NOI Build-Up for 5,765 SF
Gross rent
$213.1K $36.96/SF
− Vacancy
−$21.9K −$3.81/SF
EGI
$191.1K $33.15/SF
− OpEx
−$57.3K −$9.95/SF
NOI
$133.8K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,675,780
Cap Rate 7%
$1,911,271
Cap Rate 9%
$1,486,544
Alternative Uses
Best Use
Retail
$1.91M
$1.67M – $2.23M
NOI $133,789 @ 7.0% cap · market cap 3.52%
Second Best
Industrial
$1.02M
$895.2K – $1.19M
NOI $71,616 @ 7.0% cap · market cap 1.88%
Theoretical Best
Multifamily LT 5
$116.80M
$102.20M – $136.26M
NOI $8,175,681 @ 7.0% cap · market cap 215.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
6
Service bays
Multi-tenant
Tenancy
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
312
Businesses Nearby
48k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
McDonald's
Dining
30,334 visits/mo
0.5 miles
Starbucks
Dining
16,707 visits/mo
0.5 miles
SUBWAY
Dining
538 visits/mo
0.5 miles
Demographics for 91344, CA
52,481
Population
18,424
Households
2.8
Avg Household Size
43
Median Age
37%
College-Educated
88%
High-School Grad
14.5 sq mi
ZIP Area
3,619
Density / Sq Mi
$116,647
Median Household Income
$57,857
Median Earnings
$2,276
Median Rent
$872,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- La SuperGlass Windshield Repair — 11728 Hayvenhurst Ave, Granada Hills, CA 91344
- Knollwood Motors — 12000 Balboa Blvd, Granada Hills, CA 91344
- TNT Motorsports — 12000 Balboa Blvd, Granada Hills, CA 91344
- Western Collision Center — 12000 Balboa Blvd, Granada Hills, CA 91344
- Knollwood Auto Body — 11918 Balboa Blvd, Granada Hills, CA 91344
Frequently Asked Questions
What type of property is this?
Auto shop - The automotive facility will be delivered vacant at closing, with office and storage areas supporting owner occupancy.
Where is this auto shop located?
The property is located at 11050 Woodley Granada Hills, CA.
What is the asking price?
The asking price for this property is $3,800,000.
What are key features of this property?
This property features: 5,765‑square‑foot building on a 12,242‑square‑foot lot; Six automotive service bays with approximately 15‑foot ceilings; Three above‑ground lifts, with potential for two additional lifts
