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Retail Buildings on Foothill Blvd

8109 Foothill Blvd Los Angeles, CA 91040

8109 Foothill Blvd, Los Angeles, CA, 91040
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Two retail buildings totaling 2,073 SF on 4,751 SF land.

Property Size2,073 SF
Lot Size0.11 Acres
Price / SF$817.66
AddedNov 20, 2024
Days on Market603
Last RefreshJul 16 at 12:13 pm

Property Features for 8109 Foothill Blvd

General Information

Standard status
Active
Size
2,073 SF
Lot size
0.11 Acres
Property subtype
Retail

Listing office Lee & Associates - Pasadena

Listing date Nov 20, 2024

Source Crexi

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 Lee & Associates - Pasadena


Investment Insights

Based on property information with market context.

Two buildings offer approximately 2,073 square feet of retail or commercial space on approximately 4,751 square feet of land. Situated on a corner of Foothill Blvd in Sunland, Los Angeles, the buildings present an opportunity for an owner-user to occupy one building and collect income from the other. Alternatively, the property can be utilized as a multi-unit retail property.

Key Highlights

  • Two buildings totaling +/- 2,073 sq ft on a +/- 4,751 sq ft lot.
  • Located on a corner lot of Sunland’s highly sought‑after Foothill Blvd.
  • Suitable for owner‑user to occupy one building and lease the other.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $76.6k $36.96
− Vacancy −$7.9k −$3.81
EGI $68.7k $33.15
− OpEx −$20.6k −$9.95
NOI $48.1k $23.21
2,073 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%

Alternative Uses

Best Use
Retail
$687.3K
$601.4K – $801.8K (±1% cap)
NOI $48,108 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$42.00M
$36.75M – $49.00M (±1% cap)
NOI $2,939,841 @ 7.0% cap · market cap 173.44%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

FAQs

What type of property is this?
Retail space - Two retail buildings totaling 2,073 SF on 4,751 SF land.
Where is this retail space located?
The property is located at 8109 Foothill Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,695,000.
What are key features of this property?
This property features: Two buildings totaling +/- 2,073 sq ft on a +/- 4,751 sq ft lot.; Located on a corner lot of Sunland’s highly sought‑after Foothill Blvd.; **Suitable for owner‑user to occupy one building and lease the other.**
Contact an agent
(626) 616-3974 Call to check price and availability
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