Northridge Office Unit For
For Sale
$450,000
9010 Corbin Ave. Unit 4, Northridge, CA 91324
Office unit with 816 square feet available for purchase.
Property Size18,000 SF
Price / SF$551.47
Days on Market201
Property Features for 9010 Corbin Ave. Unit 4
General Information
Standard status
Active
Size
18,000 SF
Property subtype
Office
Building Details
Building Size
18,000 SF
Year Built
1981
Stories
2
Properties For Sale
at 9010 Corbin Ave. Unit 4
Available Space
Not For Lease
Size
816 SF
Listing Agency:
Daum Commercial
Listed By:
Taylor Jocoy · License #CA 02049497
(818) 449-1636
Source:
Daumcommercial
Added: Apr 3
Changed: Oct 4
Last Checked: Oct 19 at 3:12AM
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 Daum Commercial
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
An office unit is available for purchase, offering 816 square feet of space. The property is located in Northridge, California.
Key Highlights
- Office unit available for purchase.
- Features 816 square feet of space.
- Built in 1981.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,369
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$387,380
$387.4K
Cap Rate 7%
$276,700
$276.7K
Cap Rate 9%
$215,211
$215.2K
Market Conditions
NOI Build-Up for 816 SF
Gross rent
$31.7K $38.88/SF
− Vacancy
−$5.9K −$7.23/SF
EGI
$25.8K $31.65/SF
− OpEx
−$6.5K −$7.91/SF
NOI
$19.4K $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%
$387,380
Cap Rate 7%
$276,700
Cap Rate 9%
$215,211
Alternative Uses
Best Use
Office B
$276.7K
$242.1K – $322.8K
NOI $19,369 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$16.53M
$14.47M – $19.29M
NOI $1,157,217 @ 7.0% cap · market cap 257.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,680
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - Office unit with 816 square feet available for purchase.
Where is this office unit located?
The property is located at 9010 Corbin Ave. Unit 4 Northridge, CA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Office unit available for purchase.; Features 816 square feet of space.; Built in 1981.
