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Three-Story Office Building

6930 Owensmouth Avenue, Canoga Park, CA 91303

For Sale
Contact for pricing

Its multi-tenant configuration offers a practical layout for businesses seeking office space with on-site parking.

Property Size7,980 SF
Price / SF$425.94
Days on Market25

Property Features for 6930 Owensmouth Avenue

General Information

Standard status Active
Size 7,980 SF
Total Parking Spaces 14
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Property Use Office

Building Details

Buildings 1
Stories 3
Building Size 7,980 SF
Tenancy Multi
Listing Agency: Lee & Associates - LA North - Sherman Oaks
Listed By: Scott Romick · License #CA 01323527
Source: Crexi
Added: Oct 16 Changed: Nov 8 Last Checked: Nov 8 at 5:21PM

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 Lee & Associates - LA North - Sherman Oaks

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This three-story office building contains 7,980 square feet and is configured for multiple tenants. An on-site parking lot accommodates approximately 14 vehicles. The property is offered on an as-is, where-is basis.

At the north edge of Warner Center in Canoga Park, the building is adjacent to the business and retail district. Westfield Topanga, Topanga Village, restaurants, retailers, fitness facilities, and professional services are among the nearby amenities. Regional routes include Topanga Canyon Boulevard, Canoga Avenue, Victory Boulevard, and the Ventura Freeway/US-101.

Key Highlights

  • 7,980‑square‑foot office building across three floors
  • Multi‑tenant configuration
  • On‑site lot with parking for approximately 14 vehicles

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$189,415
Cap Rate
5.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,788,300 $3.8M
Cap Rate 7%
$2,705,929 $2.7M
Cap Rate 9%
$2,104,611 $2.1M
Market Conditions
NOI Build-Up for 7,980 SF
Gross rent
$310.3K $38.88/SF
− Vacancy
−$57.7K −$7.23/SF
EGI
$252.6K $31.65/SF
− OpEx
−$63.1K −$7.91/SF
NOI
$189.4K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,788,300
Cap Rate 7%
$2,705,929
Cap Rate 9%
$2,104,611

Alternative Uses

Best Use
Office B
$2.71M
$2.37M – $3.16M (±1% cap)
NOI $189,415 @ 7.0% cap · market cap 5.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.33M
$2.92M – $3.89M (±1% cap)
NOI $233,222 @ 7.0% cap · market cap 6.86%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Restaurant Bed & Breakfast Fish Market Tanning Salon Supermarket

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
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3,509
Businesses Nearby

Demographics for 91303, CA

28,457
Population
11,073
Households
2.6
Avg Household Size
34
Median Age
25%
College-Educated
77%
High-School Grad
2.1 sq mi
ZIP Area
13,551
Density / Sq Mi
$76,051
Median Household Income
$35,649
Median Earnings
$1,983
Median Rent
$645,300
Median Home Value

Market

Average Price Trend$/SF for Office buildings in Los Angeles County, CA

$596 Jul
$612 Aug
$620 Sep
$597 Oct

Properties on Market for Office buildings in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025

Frequently Asked Questions

What type of property is this?
Office building - Its multi-tenant configuration offers a practical layout for businesses seeking office space with on-site parking.
Where is this office building located?
The property is located at 6930 Owensmouth Avenue Canoga Park, CA.
What is the asking price?
The asking price for this property is $3,399,000.
What are key features of this property?
This property features: 7,980‑square‑foot office building across three floors; Multi‑tenant configuration; On‑site lot with parking for approximately 14 vehicles
(818) 326-1204 Call to check price and availability
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Includes: Price & PSF · Cap rate · Location · Zoning

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