Mixed-Use Warehouse
21352 Nordhoff Street Unit 113, Canoga Park, CA 91304
For Sale
$669,990
An office, restroom, and warehouse are arranged within a functional commercial unit.
Property Size1,330 SF
Price / SF$503.75
Days on Market251
Property Features for 21352 Nordhoff Street Unit 113
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Warehouse & Industrial
Clear Height
Drive-In Doors
Additional Details
Highway Access
Building Details
Year Built
Listing Agency:
New Star Realty & Investment
Listed By:
Sangkyu Lee · License #01356123
(818) 439-8949
Source:
Compass
Added: Mar 3
Changed: Nov 7
Last Checked: Nov 7 at 1:08PM
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 New Star Realty & Investment
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Investment Insights
Based on property information with market context.
This 1,330-square-foot commercial condominium combines a private office and restroom with a warehouse area. The warehouse has approximately 14 feet of clear height and a ground-level roll-up door. The building dates to 1989.
Two assigned parking spaces are included, with additional guest parking on site. The unit is described as suitable for warehousing, distribution, light manufacturing, showroom, or service-oriented business use.
Two assigned parking spaces are included, with additional guest parking on site. The unit is described as suitable for warehousing, distribution, light manufacturing, showroom, or service-oriented business use.
Key Highlights
- 1,330‑square‑foot commercial condominium
- Warehouse with approximately 14‑foot clear height and a ground‑level roll‑up door
- Private office and restroom with sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,933
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,660
$538.7K
Cap Rate 7%
$384,757
$384.8K
Cap Rate 9%
$299,256
$299.3K
Market Conditions
NOI Build-Up for 1,330 SF
Gross rent
$47.9K $36.00/SF
− Vacancy
−$4.8K −$3.60/SF
EGI
$43.1K $32.40/SF
− OpEx
−$16.2K −$12.15/SF
NOI
$26.9K $20.25/SF
Area
Los Angeles, CA
Vacancy
10.00%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$538,660
Cap Rate 7%
$384,757
Cap Rate 9%
$299,256
Alternative Uses
Best Use
Mixed Use
$384.8K
$336.7K – $448.9K
NOI $26,933 @ 7.0% cap · market cap 4.02%
Second Best
Warehouse
$286.6K
$250.8K – $334.4K
NOI $20,062 @ 7.0% cap · market cap 2.99%
Theoretical Best
Multifamily LT 5
$26.94M
$23.58M – $31.44M
NOI $1,886,150 @ 7.0% cap · market cap 281.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,671
Businesses Nearby
Explore this area
Business Placement
Demographics for 91304, CA
52,386
Population
18,875
Households
2.8
Avg Household Size
39
Median Age
34%
College-Educated
83%
High-School Grad
9.7 sq mi
ZIP Area
5,401
Density / Sq Mi
$82,289
Median Household Income
$41,270
Median Earnings
$1,927
Median Rent
$847,600
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - An office, restroom, and warehouse are arranged within a functional commercial unit.
Where is this mixed-use property located?
The property is located at 21352 Nordhoff Street Unit 113 Canoga Park, CA.
What is the asking price?
The asking price for this property is $669,990.
What are key features of this property?
This property features: 1,330‑square‑foot commercial condominium; Warehouse with approximately 14‑foot clear height and a ground‑level roll‑up door; Private office and restroom with sink
