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Remodeled Office Units
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17057 Chatsworth Street, Granada Hills, CA 91344

Two private workspaces include assigned parking, building-entry controls, and shared central heating and air conditioning.

Property Size5,400 SF
Price / SF$0.22
Days on Market23

Property Features for 17057 Chatsworth Street

General Information

Standard status Active
Size 5,400 SF
Property subtype Office

Additional Details

Condition Newly Renovated
Property Use Office

Amenities

controlled access
central AC/heat

Building Details

Year Built 1984
Listing Agency: Best Realty & Investment, Inc.
Listed By: Steve Kim · License #01816803
Source: Lugobros
Added: Oct 7 Changed: Oct 28 Last Checked: Oct 28 at 3:22PM

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 Best Realty & Investment, Inc.

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Investment Insights

Based on property information with market context.

Two remodeled private offices are available within a 5,400-square-foot office building constructed in 1984. The spaces measure 260 square feet and 282 square feet, and each includes one assigned parking space. Building entry is controlled, with central air conditioning and heat throughout.

The property is located on Chatsworth Street in Granada Hills. Water, electricity, and trash service are included in the rent.

Key Highlights

  • Two private offices available: 260 SQFT and 282 SQFT
  • One assigned parking space accompanies each office
  • Controlled building entry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$128,176
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,563,520 $2.6M
Cap Rate 7%
$1,831,086 $1.8M
Cap Rate 9%
$1,424,178 $1.4M
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$210.0K $38.88/SF
− Vacancy
−$39.1K −$7.23/SF
EGI
$170.9K $31.65/SF
− OpEx
−$42.7K −$7.91/SF
NOI
$128.2K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,563,520
Cap Rate 7%
$1,831,086
Cap Rate 9%
$1,424,178

Alternative Uses

Best Use
Office B
$1.83M
$1.60M – $2.14M (±1% cap)
NOI $128,176 @ 7.0% cap · market cap 10,681.33%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$109.40M
$95.73M – $127.63M (±1% cap)
NOI $7,658,053 @ 7.0% cap · market cap 638,171.08%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Parking Lot & Garage Hotel & Motel Storage Facility Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,524
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Two private workspaces include assigned parking, building-entry controls, and shared central heating and air conditioning.
Where is this office unit located?
The property is located at 17057 Chatsworth Street Granada Hills, CA.
What are key features of this property?
This property features: Two private offices available: 260 SQFT and 282 SQFT; One assigned parking space accompanies each office; Controlled building entry
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Includes: Price & PSF · Cap rate · Location · Zoning

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