Property profile

28494 Westinghouse Pl Santa Clarita, CA 91355

OFF-MARKET
Office buildings
Property ID
US09-8002830
59,027 SF 3.37 ac lot Built 2002
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This Class-A, 9,110 square foot office building in Los Angeles County offers multiple suites ranging from 580 to 2,270 contiguous square feet, all currently vacant. The property boasts a magnificent atrium setting with lush landscaping and waterfalls, newly renovated common areas, and extensive wraparound windows providing breathtaking views. Building amenities include dual elevator service, separately metered utilities with 24/7 tenant-controlled HVAC, and a generous 4:1,000 SF parking ratio, complete with electric vehicle charging stations. Located in the prestigious Gateway Corporate Point in Valencia, this prime location offers easy access to the I-5 & SR 126 freeways, and is adjacent to Newhall Ranch Road. Nearby amenities include restaurants, daycare centers, fitness centers, the Valencia Town Center, and several hotels and golf courses. The building sits on 3.37 acres and is within the City of Santa Clarita's jurisdiction. Spec suites feature well-designed layouts and abundant natural light from both front and rear window lines. The building offers move-in ready spaces with renovated restrooms and suites.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 2002
Construction STEEL FRAME
Total area 59,027 SF
Lot 3.37 ac (146,740 SF)
Zoning code SCBP
APN 2866-034-034
UPID US09-8002830

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Loan Service Bank
  • Accounting Firm Tax Preparation
  • Law Firm
  • Physician Medical Clinic

Location

28494 Westinghouse Pl Santa Clarita, CA 91355-0930
Santa Clarita metro Census 920121 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$9.76M
CAP Approach CAP
$12.77M
Comparable Approach Comparable
$12.81M
Blend (final) Blend
$16.09M

Owner & transaction history

since 2020
Last sale
$15.0M
7 recorded transactions
2020
$15.0M
2017
Price N/A
2017
$430,000
2017
$143,500
2017
$10.1M
2007
Price N/A
2004
Price N/A

Zoning & alternative use

SCBP · Santa Clarita, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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