Auto Shop with Body Repair
For Sale
Contact for pricing
7345 Canby Ave, Reseda, CA 91335
Existing automotive service operation is leased on a month-to-month basis.
Property Size12,779 SF
Price / SF$508.65
Days on Market671
Property Features for 7345 Canby Ave
General Information
Standard status
Active
Size
12,779 SF
Property subtype
RETAIL
Building Details
Tenancy
Single
Listing Agency:
CREI - Corporate
Listed By:
Karl Niehaus · License #01450751
(310) 880-7900
Source:
Moodyscre
Added: Dec 12, 2024
Changed: Sep 10
Last Checked: Oct 12 at 9:35PM
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 CREI - Corporate
Investment Insights
Based on property information with market context.
The property contains a 12,779-square-foot automotive shop currently operating as an autobody facility. The existing occupancy is structured on a month-to-month lease, providing a defined lease arrangement for the current use.
Located at 7345 Canby Ave in Reseda, California, the property is positioned within an established commercial setting. The address is 7345 Canby Ave, Reseda, CA 91335.
Located at 7345 Canby Ave in Reseda, California, the property is positioned within an established commercial setting. The address is 7345 Canby Ave, Reseda, CA 91335.
Key Highlights
- 12,779‑square‑foot automotive shop
- Currently operates as an autobody facility
- Month‑to‑month lease structure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$296,565
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,931,300
$5.9M
Cap Rate 7%
$4,236,643
$4.2M
Cap Rate 9%
$3,295,167
$3.3M
Market Conditions
NOI Build-Up for 12,779 SF
Gross rent
$472.3K $36.96/SF
− Vacancy
−$48.6K −$3.81/SF
EGI
$423.7K $33.15/SF
− OpEx
−$127.1K −$9.95/SF
NOI
$296.6K $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%
$5,931,300
Cap Rate 7%
$4,236,643
Cap Rate 9%
$3,295,167
Alternative Uses
Best Use
Retail
$4.24M
$3.71M – $4.94M
NOI $296,565 @ 7.0% cap · market cap 4.56%
Second Best
Industrial
$2.27M
$1.98M – $2.65M
NOI $158,748 @ 7.0% cap · market cap 2.44%
Theoretical Best
Multifamily LT 5
$258.89M
$226.53M – $302.04M
NOI $18,122,641 @ 7.0% cap · market cap 278.81%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,184
Businesses Nearby
88k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 60%
Apparel 21%
Dining 14%
Electronics 5%
LUV Car Wash
Shops & Services
18,741 visits/mo
0.1 miles
Wells Fargo
Shops & Services
15,529 visits/mo
0.3 miles
WSS
Apparel
11,073 visits/mo
0.3 miles
A&W Restaurant
Dining
10,614 visits/mo
0.3 miles
Goodwill
Apparel
6,965 visits/mo
0.3 miles
Demographics for 91335, CA
76,650
Population
25,615
Households
3
Avg Household Size
39
Median Age
30%
College-Educated
78%
High-School Grad
6.6 sq mi
ZIP Area
11,614
Density / Sq Mi
$77,164
Median Household Income
$37,470
Median Earnings
$1,811
Median Rent
$700,400
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
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Similar Off Market Nearby
- MC Emergency Wheel-lift Towing — 19026 Bassett St, Reseda, CA 91335
- 24-hr Emergency Towing | Roadside Battery Service — 19026 Bassett St, Reseda, CA 91335
- The Pony Stop — 6933 reseda blvd, porter ranch, ca 91326
- Collision Course Auto Body Inc. — Kentucky Fried Chicken, Across the street from, 6933 Reseda Blvd, Reseda, CA 91335
- B&E Car Service — 6933 Reseda Blvd # H, Reseda, CA 91335
Frequently Asked Questions
What type of property is this?
Auto shop - Existing automotive service operation is leased on a month-to-month basis.
Where is this auto shop located?
The property is located at 7345 Canby Ave Reseda, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 12,779‑square‑foot automotive shop; Currently operates as an autobody facility; Month‑to‑month lease structure
