Two-Story Office
For Sale
$729,900
8041 Foothill Blvd, Sunland, CA 91040
Vacant professional office property with refreshed interiors, private offices, open work areas, and on-site parking.
Property Size2,225 SF
Price / SF$328.04
Days on Market1764
Property Features for 8041 Foothill Blvd
General Information
Standard status
Active
Size
2,225 SF
Total Parking Spaces
4
Zoning
LAC2
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
2
Building Details
Year Built
1986
Buildings
1
Stories
2
Building Size
2,225 SF
Tenancy
Multi
Owner Occupied
No
Listing Agency:
BERKSHIRE HATHAWAY Crest R.E.
(818) 951-1851
Listed By:
Sally Hall · License #00921458
(818) 370-8809
Source:
Exprealty
Added: Dec 17, 2021
Changed: Oct 11
Last Checked: Oct 15 at 12:13AM
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 BERKSHIRE HATHAWAY Crest R.E.
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Investment Insights
Based on property information with market context.
This two-story professional office building contains 2,225 square feet and is arranged as two separate suites. Suite A on the ground level offers an open work area, two private offices, and a restroom. Suite B includes a reception area, open workspace, four individual offices, and a restroom with shower. The property was built in 1986, has been freshly painted, and features new flooring throughout. It will be delivered vacant for immediate occupancy.
The building is located at 8041 Foothill Blvd in Sunland, with approximately seven miles to Burbank Airport and convenient access to major freeways. Downtown, Pasadena, Glendale, NoHo, and Hollywood are each described as being within minutes. The property is zoned LAC2 and includes four on-site parking spaces.
The building is located at 8041 Foothill Blvd in Sunland, with approximately seven miles to Burbank Airport and convenient access to major freeways. Downtown, Pasadena, Glendale, NoHo, and Hollywood are each described as being within minutes. The property is zoned LAC2 and includes four on-site parking spaces.
Key Highlights
- 2,225‑square‑foot two‑story office building built in 1986
- Two separate suites with open work areas and private offices
- Suite B includes reception area, four offices, and restroom with shower
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,813
Cap Rate
7.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,260
$1.1M
Cap Rate 7%
$754,471
$754.5K
Cap Rate 9%
$586,811
$586.8K
Market Conditions
NOI Build-Up for 2,225 SF
Gross rent
$86.5K $38.88/SF
− Vacancy
−$16.1K −$7.23/SF
EGI
$70.4K $31.65/SF
− OpEx
−$17.6K −$7.91/SF
NOI
$52.8K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,056,260
Cap Rate 7%
$754,471
Cap Rate 9%
$586,811
Alternative Uses
Best Use
Office B
$754.5K
$660.2K – $880.2K
NOI $52,813 @ 7.0% cap · market cap 7.24%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$45.08M
$39.44M – $52.59M
NOI $3,155,401 @ 7.0% cap · market cap 432.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
170
Businesses Nearby
Explore this area
Business Placement
Demographics for 91040, CA
21,588
Population
8,237
Households
2.6
Avg Household Size
46
Median Age
31%
College-Educated
87%
High-School Grad
8.3 sq mi
ZIP Area
2,601
Density / Sq Mi
$104,719
Median Household Income
$50,809
Median Earnings
$1,820
Median Rent
$787,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Vacant professional office property with refreshed interiors, private offices, open work areas, and on-site parking.
Where is this office building located?
The property is located at 8041 Foothill Blvd Sunland, CA.
What is the asking price?
The asking price for this property is $729,900.
What are key features of this property?
This property features: 2,225‑square‑foot two‑story office building built in 1986; Two separate suites with open work areas and private offices; Suite B includes reception area, four offices, and restroom with shower
