Freestanding Retail Building on
7798 Foothill Los Angeles, CA 91042
For Sale
$850,000
Highly visible Tujunga retail building with flexible C2 zoning.
Property Size1,500 SF
Price / SF$566.67
Days on Market97
Property Features for 7798 Foothill
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Commercial
Building Details
Year Built
1928
Listing Agency:
(818) 600-1787
Listed By:
Omar Bardumyan · License #CA 01835366
(818) 600-1787
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 10:49AM
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 Omar Bardumyan
Investment Insights
Based on property information with market context.
This freestanding retail/commercial building offers approximately 1,500 square feet of space on a prominent corner lot along Foothill Blvd in Tujunga, California. The property is zoned C2, accommodating a wide range of retail, office, and service-oriented uses. It presents an opportunity for both owner-users and investors. The building features street frontage, multiple storefront windows for natural light, and six on-site parking spaces. The layout can be configured as a single-user space or divided into two separate rentable units, creating the potential for supplemental rental income. The property is located in an established commercial corridor. The bike score is 55, making it bikeable. The walk score is 76, indicating it is very walkable. The transit score is 35, suggesting some transit options are available.
Key Highlights
- Prime corner lot location on Foothill Blvd in Tujunga.
- Flexible C2 zoning allows for a wide range of retail, office, and service‑oriented uses.
- Potential for supplemental rental income or dual‑tenant investment strategy.
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 | $55.4k | $36.96 |
| − Vacancy | −$5.7k | −$3.81 |
| EGI | $49.7k | $33.15 |
| − OpEx | −$14.9k | −$9.95 |
| NOI | $34.8k | $23.21 |
1,500 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$497.3K
$435.1K – $580.2K
NOI $34,811 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$30.39M
$26.59M – $35.45M
NOI $2,127,237 @ 7.0% cap · market cap 250.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Benny star flowers — 1600 Vine St, Los Angeles, CA 90028
- Pete's Florist — N Beachwood Dr, Los Angeles, CA 90028
- Bellanova flower shop — 6510 Hollywood Blvd, Los Angeles, CA 90028
- Ever Rose — 6250 hollywood blvd, los angeles, ca 90028
- Alfredo's Flowers — los angeles, ca 90027
Frequently Asked Questions
What type of property is this?
Storefront property - Highly visible Tujunga retail building with flexible C2 zoning.
Where is this storefront property located?
The property is located at 7798 Foothill Los Angeles, CA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Prime corner lot location on Foothill Blvd in Tujunga.; Flexible C2 zoning allows for a wide range of retail, office, and service‑oriented uses.; Potential for supplemental rental income or dual‑tenant investment strategy.
