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    7135-7137 Remmet Ave Los Angeles, CA 91303

    Sponsored
    For Sale
    $1,485,000

    Canoga Park Warehouse: Owner-User Opportunity

    Property size:
    3,700 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 3,700 square foot warehouse, located at 7135-7137 Remmet Avenue in Los Angeles, CA 91303, presents a unique owner-user opportunity. Situated on a 7,500 square foot lot, this property boasts 14-foot ceilings, two ground-level doors, and a 100% air-conditioned HVAC system. Built in 1980, the reinforced block structure is zoned LAMC-C2. Seven on-site parking spaces are complemented by ample free city parking within a short distance. The property benefits from its location in Canoga Park's historic antique row, near the Warner Center and conveniently close to the Orange Line Metro (park and ride within one block). Currently subject to a short-term lease at $2,950 per month, with a month-to-month subtenant contributing an additional $1,500 monthly. The area is supported by a Business Improvement District (BID) for enhanced maintenance. This is a rare opportunity to acquire a small retail/creative building in a desirable location.

    Property Features for 7135-7137 Remmet Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    3,700 SF

    Building Details

    Year Built
    1980

    HighLights

    • Rare small retail/creative building near Warner Center.
    • Located in Canoga Park's historic antique row.
    • Benefits from a Business Improvement District (BID) for enhanced area maintenance.
    • Excellent transportation access; near the Orange Line Metro (park & ride within one block).
    • Seven on‑site parking spaces plus ample free city parking nearby.
    • Ideal owner‑user property.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.600621
    Latitude
    34.200244

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    FAQs

    What type of property is this?
    Distribution property - Canoga Park Warehouse: Owner-User Opportunity
    Where is this distribution property located?
    The property is located at 7135-7137 Remmet Ave Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,485,000.
    What are key features of this property?
    This property features: Rare small retail/creative building near Warner Center.; Located in Canoga Park's historic antique row.; Benefits from a Business Improvement District (BID) for enhanced area maintenance.
    Request Owner's contact information
    7135-7137 Remmet Ave Los Angeles, CA 91303
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7135-7137 Remmet Ave Los Angeles, CA 91303
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