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Strip Mall with Vacant Suite
For Sale
$3,300,000

6651 Foothill Boulevard, Tujunga, CA 91042

Commercial Sale, Tujunga, CA

Property Size6,720 SF
Lot Size0.32 Acres
Price / SF$491.07
Days on Market27

Property Features for 6651 Foothill Boulevard

General Information

Property type Commercial Sale
Property subtype Retail
Directions Haynes Canyon and Foothill Blvd
Subdivision 659 - Sunland/Tujunga
Standard status Active
APN 2570018003
Lot size 0.32 Acres

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes

Building Details

Year built 1957
Buildings 1
Listing Agency: Keller Williams R. E. Services · Keller Williams Realty
Listed By: Arthur Ambarchyan · License #01351863
Added: Oct 8 Changed: Nov 2 Last Checked: Nov 3 at 3:06PM
MLS# GD26219604

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The 6,720-square-foot commercial building sits on a 13,835-square-foot parcel and contains four areas: a coin laundromat, neighborhood market, barber shop, and 1,185-square-foot vacant suite. The sale includes the seller’s interests in the laundromat and market businesses, along with substantially all seller-owned furniture, fixtures, equipment, trade fixtures, and business assets used in their operations. A third-party barber shop currently provides rental income.

The market has operated under its current ownership since 2002, and the laundromat has served the surrounding community for more than 30 years. The vacant suite offers space for a new occupant. The property was built in 1957.

Key Highlights

  • 6,720‑square‑foot building on a 13,835‑square‑foot parcel
  • Four areas: laundromat, neighborhood market, barber shop, and vacant suite
  • 1,185‑square‑foot vacant 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 (±1% cap)
NOI $181,994 @ 7.0% cap · market cap 5.51%
Second Best
Retail
$2.23M
$1.95M – $2.60M (±1% cap)
NOI $155,952 @ 7.0% cap · market cap 4.73%
Theoretical Best
Multifamily LT 5
$136.14M
$119.13M – $158.83M (±1% cap)
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

Strip malls

Suggested Use

Top Pick Law Firm Real Estate Agency Garden Center Carpet & Flooring Store Locksmith (Bike/Boat/Book/etc) Store

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

Lease Details

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby
132k
Monthly Visits Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Strip mall - Four distinct areas include two operating businesses, a barber shop, and a suite available for occupancy.
Where is this strip mall 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 a 13,835‑square‑foot parcel; Four areas: laundromat, neighborhood market, barber shop, and vacant suite; 1,185‑square‑foot vacant suite
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Includes: Price & PSF · Cap rate · Location · Zoning

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