Freestanding Retail Building with
7055 Foothill Tujunga, CA 91042
7055 Foothill, Tujunga, CA, 91042
$899,000
For Sale
$899,000
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
Price / SF$717.48
Days on Market151
Property Features for 7055 Foothill
General Information
- Standard status
- Active
- Size
- 1,253 SF
- Lot size
- 0.19 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1922
Listing agency
Realty Club Inc.
(818) 240-9700
Listed by
Lusina Yaralian
Source
Xome
Added: Feb 21 Updated: Jul 22 at 9:35AM Checked: Jul 22 at 9:35AM
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
Local 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 | $46.3k | $36.96 |
| − Vacancy | −$4.8k | −$3.81 |
| EGI | $41.5k | $33.15 |
| − OpEx | −$12.5k | −$9.95 |
| NOI | $29.1k | $23.21 |
1,253 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
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