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    Free-Standing Warehouse with Six Doors Title is generated by Realmo AI

    7331-7341 Deering Ave, Canoga Park, CA 91303

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    Multi-tenant warehouse offering six grade level doors and month-to-month occupancy for a hands-on operator.

    Type:INDUSTRIAL
    Property size:
    7,975 SF
    Price / SF:
    $175/SF
    Added:
    Jun 10, 2026
    Days on Market:
    13
    Last Refresh:
    Jun 20 at 10:03 am

    Property Features for 7331-7341 Deering Ave

    General Information

    Standard status
    Active
    Size
    7,975 SF
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Thomas Walsmith

    Listing agent Thomas Walsmith

    Listing office Commercial Property Group

    Listing date Jun 10, 2026

    Source Moodyscre

    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 Commercial Property Group

    HighLights

    • Free‑standing multi‑tenant warehouse building
    • Includes 6 grade level doors
    • Six small units currently leased on a month‑to‑month basis
    • Leases are at below‑market rents for the current occupancy
    • Seller repaving mentioned—call agent for details

    Overview

    This free-standing warehouse property is configured as a multi-tenant building with six grade level loading doors. The offering includes six small units currently leased on a month-to-month basis, with the seller noting rents are below market. The property is positioned for an owner-operator or investor looking to manage leasing and operations within a warehouse setting, with seller-stated repaving to be coordinated—call agent regarding the seller repaving.

    The building is located at 7331–7341 Deering Ave in Canoga Park, CA 91303. Because the property is free-standing and supported by multiple grade level doors, it is designed to accommodate practical warehouse access for tenants that require straightforward, at-grade loading.

    For tenants and buyers, the six-door configuration supports flexible bay usage across multiple units, while the current month-to-month leases provide near-term continuity rather than a fully vacant tenancy. This is a value-add structure where operational oversight and leasing strategy can matter, particularly given the seller’s characterization of current rents as below market.

    Local Financial Insights For Warehouse

    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 $151.2k $18.96
    − Vacancy −$9.7k −$1.21
    EGI $141.5k $17.75
    − OpEx −$21.2k −$2.66
    NOI $120.3k $15.08
    7,975 SF · lease $18.96/SF/yr · vacancy 6.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $1.72M
    $1.50M – $2.00M (±1% cap)
    NOI $120,299 @ 7.0% cap · market cap 8.59%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Multifamily LT 5
    $161.57M
    $141.37M – $188.50M (±1% cap)
    NOI $11,309,810 @ 7.0% cap · market cap 807.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Public Storage — 21321 Vanowen St, Canoga Park, CA 91303
    • Cube Depot — 6901 Topanga Canyon Blvd #201, Los Angeles, CA 91303
    • Woodland Hills Movers — 22320 Hamlin St, Woodland Hills, CA 91303
    • Woodland Hills Movers — 6701 Eton Ave, Los Angeles, CA 91303
    • State to State Logistics — 6912 owensmouth ave#202, canoga park, ca 91303

    Location Insight

    • Map
    • Local Demand
    City
    Canoga Park
    County
    Los Angeles
    State
    California
    Longitude
    -118.602
    Latitude
    34.1977

    FAQs

    What type of property is this?
    Warehouse - Multi-tenant warehouse offering six grade level doors and month-to-month occupancy for a hands-on operator.
    Where is this warehouse located?
    The property is located at 7331-7341 Deering Ave Canoga Park, CA.
    What is the asking price?
    The asking price for this property is $1,400,000.
    What are key features of this property?
    This property features: Free‑standing multi‑tenant warehouse building; Includes 6 grade level doors; Six small units currently leased on a month‑to‑month basis
    (310) 204-4040 Call to check price and availability
    More about this property
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