Freestanding Warehouse with Secure
For Sale
Contact for pricing
7057 Canoga Ave, Canoga Park, CA 91303
Industrial building with street frontage, covered storage, and three-phase power.
Property Size5,218 SF
Lot Size0.17 Acres
Price / SF$300.11
Days on Market215
Property Features for 7057 Canoga Ave
General Information
Standard status
Active
Size
5,218 SF
Lot size
0.17 Acres
Property subtype
INDUSTRIAL
Site & Location
Road Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Drive-In Doors
1
Power
400 amps
Voltage
240 V
Three-Phase Power
Yes
Building Details
Buildings
1
Listing Agency:
Kidder Mathews
(818) 237-8927
Listed By:
Cristian Contreras · License #01457097
(818) 237-8927
Source:
Moodyscre
Added: Jan 28
Changed: Aug 30
Last Checked: Aug 30 at 2:53PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This freestanding warehouse at 7057 Canoga Ave offers 5,218 square feet of building area on a 7,260-square-foot lot. The property includes a ground-level roll-up door, a fully secured rear yard, and covered outdoor storage. Electrical service is configured with 240 volts, three-phase power, and 400 amps.
Canoga Avenue frontage provides direct street exposure, while the secured yard and exterior storage areas add functional space for warehouse operations. The property is located in Canoga Park, California, with the building, yard, loading access, and electrical service supporting a range of industrial storage and distribution applications.
Canoga Avenue frontage provides direct street exposure, while the secured yard and exterior storage areas add functional space for warehouse operations. The property is located in Canoga Park, California, with the building, yard, loading access, and electrical service supporting a range of industrial storage and distribution applications.
Key Highlights
- 5,218 SF freestanding warehouse on a 7,260 SF lot
- Canoga Ave street frontage
- Fully secure rear yard
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
$78,711
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
5.03%
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%
$1,574,220
$1.6M
Cap Rate 7%
$1,124,443
$1.1M
Cap Rate 9%
$874,567
$874.6K
Market Conditions
NOI Build-Up for 5,218 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
$98.9K $18.96/SF
− Vacancy
−$6.3K −$1.21/SF
EGI
$92.6K $17.75/SF
− OpEx
−$13.9K −$2.66/SF
NOI
$78.7K $15.08/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
15.00%
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%
$1,574,220
Cap Rate 7%
$1,124,443
Cap Rate 9%
$874,567
Alternative Uses
Best Use
Warehouse
$1.12M
$983.9K – $1.31M
NOI $78,711 @ 7.0% cap · market cap 5.03%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$105.71M
$92.50M – $123.33M
NOI $7,399,948 @ 7.0% cap · market cap 472.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,509
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Woodland Hills Movers — 22320 Hamlin St, Woodland Hills, CA 91303
- Public Storage — 21321 Vanowen St, Canoga Park, CA 91303
- Woodland Hills Movers — 6701 Eton Ave, Los Angeles, CA 91303
- Cube Depot — 6901 Topanga Canyon Blvd #201, Los Angeles, CA 91303
- State to State Logistics — 6912 owensmouth ave#202, canoga park, ca 91303
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial building with street frontage, covered storage, and three-phase power.
Where is this warehouse located?
The property is located at 7057 Canoga Ave Canoga Park, CA.
What is the asking price?
The asking price for this property is $1,566,000.
What are key features of this property?
This property features: 5,218 SF freestanding warehouse on a 7,260 SF lot; Canoga Ave street frontage; Fully secure rear yard
