Mixed-Use Property with Retail
New
For Sale
$1,349,000
7407 Topanga Canyon Boulevard, Canoga Park, CA 91303
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 Market2
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
(323) 410-0848
Source:
Myfabuloushome
Added: Sep 21
Last Checked: Sep 21 at 2:59PM
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
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.
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 = 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
$89,000
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
6.60%
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%
$1,780,000
$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
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
$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 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%
$1,780,000
Cap Rate 7%
$1,271,429
Cap Rate 9%
$988,889
Alternative Uses
Best Use
Retail
$1.27M
$1.11M – $1.48M
NOI $89,000 @ 7.0% cap · market cap 6.60%
Second Best
Mixed Use
$1.11M
$970.7K – $1.29M
NOI $77,659 @ 7.0% cap · market cap 5.76%
Theoretical Best
Multifamily LT 5
$77.69M
$67.98M – $90.64M
NOI $5,438,636 @ 7.0% cap · market cap 403.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,509
Businesses Nearby
741k
Monthly Visits Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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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
