Mixed-Use Property with Operating
6651 Foothill Boulevard, Tujunga, CA 91042
For Sale
$3,300,000
The property combines a laundromat, neighborhood market, barber shop, and vacant suite under one roof.
Property Size6,720 SF
Lot Size0.32 Acres
Price / SF$491.07
Days on Market32
Property Features for 6651 Foothill Boulevard
General Information
Standard status
Size
Lot size
Property subtype
Tenancy & Operations
Currently Operating
Tenant in Place
Additional Details
Business Included
Building Details
Year Built
Tenancy
Listing Agency:
Keller Williams R. E. Services
(818) 432-3200
Listed By:
Arthur Ambarchyan · License #01351863
(818) 230-3228
Source:
Teamforss
Added: Oct 8
Changed: Nov 7
Last Checked: Nov 7 at 1:22PM
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 Keller Williams R. E. Services
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Investment Insights
Based on property information with market context.
This 6,720-square-foot mixed-use building dates to 1957 and occupies an approximately 13,835-square-foot parcel. Its four areas include a coin laundromat, neighborhood market, barber shop, and a vacant 1,185-square-foot suite. The laundromat and market businesses are included in the sale, along with substantially all seller-owned furniture, fixtures, equipment, trade fixtures, and business assets used in their operation.
The market has been operated by the current ownership since 2002, and the laundromat has served the community for more than 30 years. The barber shop is operated by a third party and generates rental income. The property is located at 6651 Foothill Boulevard in Tujunga, California.
The market has been operated by the current ownership since 2002, and the laundromat has served the community for more than 30 years. The barber shop is operated by a third party and generates rental income. The property is located at 6651 Foothill Boulevard in Tujunga, California.
Key Highlights
- 6,720‑square‑foot building on an approximately 13,835‑square‑foot parcel
- Sale includes the coin laundromat and neighborhood market businesses
- Four areas: laundromat, market, barber shop, and vacant 1,185‑square‑foot suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$181,994
Cap Rate
5.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,639,880
$3.6M
Cap Rate 7%
$2,599,914
$2.6M
Cap Rate 9%
$2,022,156
$2.0M
Market Conditions
NOI Build-Up for 6,720 SF
Gross rent
$248.4K $36.96/SF
− Vacancy
−$5.7K −$0.85/SF
EGI
$242.7K $36.11/SF
− OpEx
−$60.7K −$9.03/SF
NOI
$182.0K $27.08/SF
Area
Los Angeles, CA
Vacancy
2.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,639,880
Cap Rate 7%
$2,599,914
Cap Rate 9%
$2,022,156
Alternative Uses
Best Use
Specialty Retail
$2.60M
$2.27M – $3.03M
NOI $181,994 @ 7.0% cap · market cap 5.51%
Second Best
Retail
$2.23M
$1.95M – $2.60M
NOI $155,952 @ 7.0% cap · market cap 4.73%
Theoretical Best
Multifamily LT 5
$136.14M
$119.13M – $158.83M
NOI $9,530,022 @ 7.0% cap · market cap 288.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
662
Businesses Nearby
132k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Dining 26%
Groceries 17%
Apparel 4%
Dollar Tree
Shops & Services
23,618 visits/mo
0.2 miles
Smart & Final
Groceries
21,837 visits/mo
0.2 miles
McDonald's
Dining
20,141 visits/mo
0.2 miles
Sinclair
Shops & Services
11,316 visits/mo
0.1 miles
Chase Bank
Shops & Services
10,981 visits/mo
0.1 miles
Demographics for 91042, CA
28,036
Population
10,815
Households
2.6
Avg Household Size
44
Median Age
29%
College-Educated
84%
High-School Grad
49.8 sq mi
ZIP Area
563
Density / Sq Mi
$81,707
Median Household Income
$48,151
Median Earnings
$1,782
Median Rent
$801,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines a laundromat, neighborhood market, barber shop, and vacant suite under one roof.
Where is this mixed-use property located?
The property is located at 6651 Foothill Boulevard Tujunga, CA.
What is the asking price?
The asking price for this property is $3,300,000.
What are key features of this property?
This property features: 6,720‑square‑foot building on an approximately 13,835‑square‑foot parcel; Sale includes the coin laundromat and neighborhood market businesses; Four areas: laundromat, market, barber shop, and vacant 1,185‑square‑foot suite
