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Mixed-Use Property with Retail Space

7407 Topanga Canyon Boulevard, Canoga Park, CA 91303

For Sale
$1,349,000

Mixed-use property with commercial and residential components and potential for retail or office use.

Property Size3,835 SF
Price / SF$351.76
Days on Market47

Property Features for 7407 Topanga Canyon Boulevard

General Information

Standard status Active
Size 3,835 SF

Building Details

Year Built 1990
Listing Agency: Beverly & Company Luxury Properties
Listed By: Artur Israyelyan · License #02195045
Source: Myfabuloushome
Added: Sep 21 Changed: Oct 26 Last Checked: Oct 7 at 3:41PM

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 Beverly & Company Luxury Properties

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Investment Insights

Based on property information with market context.

Located at 7407 Topanga Canyon Boulevard in Canoga Park, California, this mixed-use property contains 3,835 square feet of space and was built in 1990. The asset combines commercial and residential components within one property, providing a configuration that accommodates multiple use types.

The commercial portion is described as suitable for retail, office, or other business operations. Its address places the property on Topanga Canyon Boulevard in the 91303 ZIP code. The combination of commercial and residential space distinguishes the asset from a single-purpose building and supports consideration for both business occupancy and mixed-use operations.

Key Highlights

  • 3,835‑square‑foot mixed‑use property
  • Commercial and residential components
  • Commercial space described for retail or office use

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$89,000
Cap Rate
6.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,780,000 $1.8M
Cap Rate 7%
$1,271,429 $1.3M
Cap Rate 9%
$988,889 $988.9K
Market Conditions
NOI Build-Up for 3,835 SF
Gross rent
$141.7K $36.96/SF
− Vacancy
−$14.6K −$3.81/SF
EGI
$127.1K $33.15/SF
− OpEx
−$38.1K −$9.95/SF
NOI
$89.0K $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 Rate 5%
$1,780,000
Cap Rate 7%
$1,271,429
Cap Rate 9%
$988,889

Alternative Uses

Best Use
Retail
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $89,000 @ 7.0% cap · market cap 6.60%
Second Best
Mixed Use
$1.11M
$970.7K – $1.29M (±1% cap)
NOI $77,659 @ 7.0% cap · market cap 5.76%
Theoretical Best
Multifamily LT 5
$77.69M
$67.98M – $90.64M (±1% cap)
NOI $5,438,636 @ 7.0% cap · market cap 403.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Retail space

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.

Location Intelligence

Trade Area within ½ mile

3,509
Businesses Nearby
741k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 27% Superstores 24% Apparel 23% Shops & Services 18%
Target Superstores
178,254 visits/mo 0.4 miles
Macy's Apparel
153,682 visits/mo 0.4 miles
Panda Express Dining
41,707 visits/mo 0.3 miles
In-N-Out Burger Dining
40,944 visits/mo 0.3 miles
Vallarta Supermarket Groceries
35,023 visits/mo 0.5 miles

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 Mixed-use properties in Los Angeles County, CA

$440 Jul
$474 Aug
$477 Sep
$474 Oct

Properties on Market for Mixed-use properties in Los Angeles County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property with commercial and residential components and potential for retail or office use.
Where is this mixed-use property located?
The property is located at 7407 Topanga Canyon Boulevard Canoga Park, CA.
What is the asking price?
The asking price for this property is $1,349,000.
What are key features of this property?
This property features: 3,835‑square‑foot mixed‑use property; Commercial and residential components; Commercial space described for retail or office use
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