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8109 Foothill Blvd Los Angeles, CA 91040

Sponsored
For Sale
$1,695,000

Sunland, CA retail property: Vacant & income producing.

Property size:
2,073 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents two buildings totaling 2,073 square feet of retail space situated on approximately 4,751 square feet of land in the desirable Sunland area of Los Angeles, CA. The property, located at 8109-8111 Foothill Boulevard, features two structures built in 1954 and 1957, respectively, and is zoned C2-1VL. One building is currently vacant, offering immediate potential for owner-occupancy or leasing. The second building generates a monthly income of $1,653.75 under a modified gross lease with a tenant (Corsica Deli) holding seven one-year options with 5% annual rent increases. Landlord responsibilities include property taxes and insurance, while the tenant covers janitorial services, pest control, garbage disposal, drainage maintenance, water heater upkeep, parking lot maintenance, HVAC maintenance, and repairs to doors, windows, walls, and electrical systems. Both buildings boast recent improvements, including brand new roofs and fresh interior and exterior paint. A gated parking lot is conveniently located behind the buildings. The property's prime location on Foothill Boulevard presents a unique opportunity for an owner-user or investor seeking a multi-unit retail property with immediate income potential and significant upside. The APN numbers are 2556-024-014 and 2556-024-035. The asking price is $1,695,000.

Property Features for 8109 Foothill Blvd

General Information

Property type
Individual retail properties
Square Feet
2,073 SF

Building Details

Buildings
2

HighLights

  • Two‑building retail property totaling 2,073 square feet on a 4,751 square foot lot in Sunland, CA.
  • One building is vacant, offering immediate owner‑occupancy or leasing potential.
  • Recent improvements include new roofs and fresh interior/exterior paint on both buildings.
  • Gated parking lot located behind the buildings.
  • Second building leased to Corsica Deli, generating $1,653.75/month under a modified gross lease with seven one‑year options at 5% annual rent increases.
  • Landlord responsible for property taxes and insurance; tenant responsible for most operating expenses.
Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

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
-118.30962944504
Latitude
34.259613496645

FAQs

What type of property is this?
Individual retail property - Sunland, CA retail property: Vacant & income producing.
Where is this individual retail property 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-building retail property totaling 2,073 square feet on a 4,751 square foot lot in Sunland, CA.; One building is vacant, offering immediate owner-occupancy or leasing potential.; Recent improvements include new roofs and fresh interior/exterior paint on both buildings.
More about this property
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