Mixed-Use Income Property with
For Sale
$925,000
8760 Amigo, Northridge, CA 91324
Multiple industrial retail units with front and rear entrances and shared parking, plus a second-floor one-bedroom apartment.
Property Size4,300 SF
Days on Market174
Property Features for 8760 Amigo
General Information
Standard status
Active
Size
4,300 SF
Property subtype
Business
Additional Details
Multifamily Units
1
Building Details
Building Size
4,300 SF
Year Built
1966
Stories
2
Tenancy
Multi
Listing Agency:
Rodeo Realty
Listed By:
David Friedman · License #00867551
(818) 915-3982
Source:
Truthrealty
Added: Apr 30
Changed: Oct 9
Last Checked: Oct 19 at 3:32PM
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 Rodeo Realty
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Investment Insights
Based on property information with market context.
This income-producing mixed-use property includes multiple industrial retail units and one second-floor residential apartment. Each commercial unit is designed for flexible use and includes front and rear entrances, private half bathrooms, and durable concrete flooring to support a range of light industrial, service, automotive, and retail operations. The commercial units are currently fully occupied, providing immediate income.
The property provides rear alley access with shared parking, supporting convenient tenant access, deliveries, and day-to-day operations. In addition to the commercial space, the second-floor one-bedroom apartment offers an additional source of rental income.
With multiple individually configured units and on-site residential income, the property offers a versatile mix of commercial and residential space in a single package. Prospective buyers should verify zoning and permitted uses for their intended operation.
The property provides rear alley access with shared parking, supporting convenient tenant access, deliveries, and day-to-day operations. In addition to the commercial space, the second-floor one-bedroom apartment offers an additional source of rental income.
With multiple individually configured units and on-site residential income, the property offers a versatile mix of commercial and residential space in a single package. Prospective buyers should verify zoning and permitted uses for their intended operation.
Key Highlights
- 1966 mixed‑use property with multiple industrial retail units and one second‑floor 1‑bedroom apartment
- Commercial units feature front and rear entrances, private half bathrooms, and durable concrete flooring
- Flexible commercial layouts support light industrial, service, automotive, and retail uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,417
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,068,340
$1.1M
Cap Rate 7%
$763,100
$763.1K
Cap Rate 9%
$593,522
$593.5K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$81.5K $18.96/SF
− Vacancy
−$5.2K −$1.21/SF
EGI
$76.3K $17.75/SF
− OpEx
−$22.9K −$5.32/SF
NOI
$53.4K $12.42/SF
Area
Los Angeles, CA
Vacancy
6.40%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,068,340
Cap Rate 7%
$763,100
Cap Rate 9%
$593,522
Alternative Uses
Best Use
Apartment 5plus
$76.02M
$66.52M – $88.69M
NOI $5,321,482 @ 7.0% cap · market cap 575.30%
Second Best
Retail
$1.43M
$1.25M – $1.66M
NOI $99,791 @ 7.0% cap · market cap 10.79%
Theoretical Best
Multifamily LT 5
$87.12M
$76.23M – $101.63M
NOI $6,098,079 @ 7.0% cap · market cap 659.25%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,680
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91324, CA
29,500
Population
11,408
Households
2.6
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
4.3 sq mi
ZIP Area
6,860
Density / Sq Mi
$99,834
Median Household Income
$46,513
Median Earnings
$2,286
Median Rent
$869,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Mona Lisa Catering — 19209 Parthenia St, Northridge, CA 91324
- Mr. Ardi's Catering — 104 91330 19441unit, Business Ctr Dr, Northridge, CA 91324
- Wadi rum catering — 19200 Nordhoff St, Northridge, CA 91324
- La's crepes — 9151 Reseda Blvd, Northridge, CA 91324
- Pit Stop BBQ LLC — Northridge, CA 91324
Frequently Asked Questions
What type of property is this?
Flex space - Multiple industrial retail units with front and rear entrances and shared parking, plus a second-floor one-bedroom apartment.
Where is this flex space located?
The property is located at 8760 Amigo Northridge, CA.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 1966 mixed‑use property with multiple industrial retail units and one second‑floor 1‑bedroom apartment; Commercial units feature front and rear entrances, private half bathrooms, and durable concrete flooring; Flexible commercial layouts support light industrial, service, automotive, and retail uses
