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    Renovated Multi-Tenant Investment Property Title is generated by Realmo AI

    17734 Sierra Hwy, Canyon Country, CA 91351

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    Claim this Listing
    For Sale
    $3,999,950

    94% occupied, renovated retail and office space for sale.

    Property size:
    12,960 SF
    Lot size:
    0.58 Acres
    Price / SF:
    $308/SF
    Added:
    Apr 25, 2025
    Days on Market:
    438
    Last Refresh:
    Jun 30 at 7:29 am

    Property Features for 17734 Sierra Hwy

    General Information

    Standard status
    Active
    Size
    12,960 SF
    Lot size
    0.58 Acres

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    Bob Loner

    Listing office Realty Executives SCV

    Listing date Apr 25, 2025

    Source Exprealty

    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 Realty Executives SCV

    HighLights

    • 94% Tenant Occupied, offering an immediate income stream.
    • Completely Renovated and Modernized in 2022 including a new roof and HVAC system.
    • High Visibility with 180 feet of Street Frontage on Sierra Hwy.
    • Features a Mix of Ground Level Retail/Office and 2nd Level Office Space totaling 12,960 sq ft.
    • Enjoy the New Asphalt Parking Lot with 29 exclusive stalls plus abundant street parking.
    • Great Opportunity for owner/user to occupy a portion of the property.

    Overview

    This multi-tenant investment property, renovated and modernized in 2022, features approximately 12,960 square feet, with 9,815 square feet of ground-level retail, service, and office storefronts, and 3,145 square feet of second-level office space. The ground floor comprises eight rentable suites ranging from 755 to 2,323 square feet, each with its own restroom and HVAC system. The second floor includes one 800-square-foot suite and another of 2,345 square feet, divisible, for a total of ten suites. Renovations include a new roof, HVAC systems, ADA restrooms, doors, windows, electrical and plumbing systems, exterior siding and décor, and an asphalt parking lot with ADA stalls and striping. The property has 180 feet of street frontage on Sierra Highway and features a new asphalt parking lot with 29 exclusive parking stalls, plus abundant street parking. The building is 94% tenant occupied with only one 800-square-foot unit unoccupied. It is comprised of three separate APNs and three separate legal lots, presenting a great opportunity for an owner/user who may want to occupy a portion of the property.

    Local Financial Insights For Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $311.0k $24.00
    − Vacancy −$13.1k −$1.01
    EGI $297.9k $22.99
    − OpEx −$89.4k −$6.90
    NOI $208.6k $16.09
    12,960 SF · lease $24.00/SF/yr · vacancy 4.21% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $2.98M
    $2.61M – $3.48M (±1% cap)
    NOI $208,562 @ 7.0% cap · market cap 5.21%
    Second Best
    Office B
    $2.44M
    $2.14M – $2.85M (±1% cap)
    NOI $170,817 @ 7.0% cap · market cap 4.27%
    Theoretical Best
    Office A
    $3.25M
    $2.84M – $3.79M (±1% cap)
    NOI $227,353 @ 7.0% cap · market cap 5.68%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    KIRK'S Home Decor Store A A Screen Doors & Windows Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon Pharmacy Gym & Fitness Center Bar & Pub Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Canyon Country
    County
    Los Angeles
    State
    California
    Longitude
    -118.445
    Latitude
    34.428

    FAQs

    What type of property is this?
    Retail space - 94% occupied, renovated retail and office space for sale.
    Where is this retail space located?
    The property is located at 17734 Sierra Hwy Canyon Country, CA.
    What is the asking price?
    The asking price for this property is $3,999,950.
    What are key features of this property?
    This property features: 94% Tenant Occupied, offering an immediate income stream.; Completely Renovated and Modernized in 2022 including a new roof and HVAC system.; High Visibility with 180 feet of Street Frontage on Sierra Hwy.
    More about this property
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