Storefront Retail with Laundry
6914 Foothill Boulevard Tujunga, CA 91042
For Sale
$1,850,000
Retail storefront offered with fully equipped coin laundry assets and ample parking at Foothill Boulevard.
Property Size2,533 SF
Price / SF$730.36
Days on Market845
Property Features for 6914 Foothill Boulevard
General Information
- Standard status
- Active
- Size
- 2,533 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2013
Listing Agency:
The Art In Real Estate
(818) 241-3000
Listed By:
Artin Sarkissian · License #01722942
Source:
Xome
Added: Apr 1, 2024
Changed: Jul 23
Last Checked: Jul 23 at 6:21PM
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 The Art In Real Estate
Investment Insights
Based on property information with market context.
This retail storefront property includes a fully equipped set of coin laundry assets with the sale. The offering is described as turnkey in terms of included equipment, allowing the buyer to operate the laundry facilities using the provided assets, or incorporate them into an existing venture. The sale includes the property and coin laundry assets, while explicitly stating that it does not include the coin laundry business itself.
The property is situated on Foothill Boulevard in Tujunga, CA, with ample parking noted as part of the site.
Overall, this is a storefront retail offering paired with included coin laundry equipment and parking, presented for sale with equipment that supports immediate use upon acquisition.
The property is situated on Foothill Boulevard in Tujunga, CA, with ample parking noted as part of the site.
Overall, this is a storefront retail offering paired with included coin laundry equipment and parking, presented for sale with equipment that supports immediate use upon acquisition.
Key Highlights
- Retail storefront on Foothill Blvd. with fully equipped coin laundry assets included
- Coin laundry assets are included in the sale price (business itself not included)
- Year built: 2013
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $93.6k | $36.96 |
| − Vacancy | −$9.6k | −$3.81 |
| EGI | $84.0k | $33.15 |
| − OpEx | −$25.2k | −$9.95 |
| NOI | $58.8k | $23.21 |
2,533 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$839.8K
$734.8K – $979.7K
NOI $58,784 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$51.32M
$44.90M – $59.87M
NOI $3,592,194 @ 7.0% cap · market cap 194.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Floral designs by Carrie — 9800 Pali Ave, Tujunga, CA 91042
- Albertsons Floral — 6240 Foothill Blvd, Tujunga, CA 91042
- Tujunga Water Ice Flowers Gift — 9930 Commerce Ave, Tujunga, CA 91042
FAQs
What type of property is this?
Storefront property - Retail storefront offered with fully equipped coin laundry assets and ample parking at Foothill Boulevard.
Where is this storefront property located?
The property is located at 6914 Foothill Boulevard Tujunga, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: Retail storefront on Foothill Blvd. with fully equipped coin laundry assets included; Coin laundry assets are included in the sale price (business itself not included); Year built: 2013
