Freestanding Retail Building with
For Sale
$899,000
7055 Foothill, Tujunga, CA 91042
Freestanding C2 retail building on a flat lot with driveways on both sides and an on-site billboard.
Property Size1,253 SF
Lot Size0.19 Acres
Days on Market170
Property Features for 7055 Foothill
General Information
Standard status
Active
Size
1,253 SF
Lot size
0.19 Acres
Property subtype
Retail
Zoning
C2
Building Details
Building Size
1,253 SF
Year Built
1922
Listing Agency:
Realty Club Inc.
Listed By:
Lusina Yaralian · License #01180863
(818) 240-9700
Source:
Truthrealty
Added: Mar 20
Changed: Aug 28
Last Checked: Sep 5 at 8:03AM
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 Realty Club Inc.
Investment Insights
Based on property information with market context.
This freestanding retail building is set on a flat lot and is described as a fixer/development property. The site includes driveways on both sides and an on-site billboard that generates monthly revenue, providing additional income potential. The property is zoned C2 and is indicated to support a wide variety of uses, including medical office, retail, daycare, coffee shop, and food market uses. Building size is listed as 1,253 square feet, and the lot measures approximately 60 by 136.15 feet (about 8,169 square feet).
The property fronts Foothill Blvd and is positioned for convenient site access, with driveways on both sides.
For buyers evaluating restoration or redevelopment, the C2 zoning and the existing freestanding improvements and billboard income component are central features of the offering.
The property fronts Foothill Blvd and is positioned for convenient site access, with driveways on both sides.
For buyers evaluating restoration or redevelopment, the C2 zoning and the existing freestanding improvements and billboard income component are central features of the offering.
Key Highlights
- Freestanding C2 property with driveways on both sides for convenient access
- Flat 60 x 136.15 lot (approx. 8,169 SF)
- On‑site billboard provides additional monthly income
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,079
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,580
$581.6K
Cap Rate 7%
$415,414
$415.4K
Cap Rate 9%
$323,100
$323.1K
Market Conditions
NOI Build-Up for 1,253 SF
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.
Gross rent
$46.3K $36.96/SF
− Vacancy
−$4.8K −$3.81/SF
EGI
$41.5K $33.15/SF
− OpEx
−$12.5K −$9.95/SF
NOI
$29.1K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$581,580
Cap Rate 7%
$415,414
Cap Rate 9%
$323,100
Alternative Uses
Best Use
Retail
$415.4K
$363.5K – $484.7K
NOI $29,079 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$25.39M
$22.21M – $29.62M
NOI $1,776,952 @ 7.0% cap · market cap 197.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
857
Businesses Nearby
47k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 96%
Dining 4%
Sinclair
Shops & Services
11,316 visits/mo
0.4 miles
Chase Bank
Shops & Services
10,981 visits/mo
0.5 miles
7-Eleven
Shops & Services
9,915 visits/mo
0.4 miles
76
Shops & Services
8,200 visits/mo
0.1 miles
U-Haul
Shops & Services
4,452 visits/mo
0.3 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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding C2 retail building on a flat lot with driveways on both sides and an on-site billboard.
Where is this retail space located?
The property is located at 7055 Foothill Tujunga, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Freestanding C2 property with driveways on both sides for convenient access; Flat 60 x 136.15 lot (approx. 8,169 SF); On‑site billboard provides additional monthly income
