Warehouse with Gated
New
For Sale
Contact for pricing
21450 Strathern St, Canoga Park, CA 91304
A freestanding warehouse pairs a secured yard with motorized loading access.
Property Size7,895 SF
Price / SF$316.66
Days on Market6
Property Features for 21450 Strathern St
General Information
Standard status
Active
Size
7,895 SF
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Sprinkler System
Yes
Amenities
Coffee Bar
Listing Agency:
Delphi Business Properties, Inc.
(818) 780-7878
Listed By:
Kevin Cooper
(818) 618-7878
Source:
Moodyscre
Added: Oct 2
Changed: Oct 4
Last Checked: Oct 5 at 7:05PM
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 Delphi Business Properties, Inc.
Investment Insights
Based on property information with market context.
This 7,895-square-foot freestanding warehouse has a sprinkler system, a gated yard, and a corner-lot position. Loading features include an oversized motorized door and a second door prepared for installation. A coffee bar is also on site, and the interior and exterior have been freshly painted.
The property is located on Strathern Street in Canoga Park, California.
The property is located on Strathern Street in Canoga Park, California.
Key Highlights
- 7,895‑square‑foot freestanding warehouse
- Gated yard and corner‑lot location
- Sprinkler system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,093
Cap Rate
4.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,381,860
$2.4M
Cap Rate 7%
$1,701,329
$1.7M
Cap Rate 9%
$1,323,256
$1.3M
Market Conditions
NOI Build-Up for 7,895 SF
Gross rent
$149.7K $18.96/SF
− Vacancy
−$9.6K −$1.21/SF
EGI
$140.1K $17.75/SF
− OpEx
−$21.0K −$2.66/SF
NOI
$119.1K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,381,860
Cap Rate 7%
$1,701,329
Cap Rate 9%
$1,323,256
Alternative Uses
Best Use
Warehouse
$1.70M
$1.49M – $1.98M
NOI $119,093 @ 7.0% cap · market cap 4.76%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$159.95M
$139.95M – $186.61M
NOI $11,196,357 @ 7.0% cap · market cap 447.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Sprinkler system
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
178
Businesses Nearby
Under-served
Demand for This Use
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - A freestanding warehouse pairs a secured yard with motorized loading access.
Where is this warehouse located?
The property is located at 21450 Strathern St Canoga Park, CA.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 7,895‑square‑foot freestanding warehouse; Gated yard and corner‑lot location; Sprinkler system
