9667 Owensmouth Ave Los Angeles, CA 91311
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Prime location, strong cash flow, owner-user potential.
Property size:
52,360 SFProperty Features for 9667 Owensmouth Ave
General Information
- Property type
- Retail properties & Spaces
- Square Feet
- 52,360 SF
- Lot Size
- 92,783 SF
Building Details
- Year Built/Renovated
- 1978/2022
Listing Agency: Lee & Associates Listing Agent: Erica Balin
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
This exceptional Chatsworth, CA retail property presents a compelling investment or owner-user opportunity. The 52,360 square foot free-standing building, constructed in 1978 and renovated in 2022, sits on a 2.13-acre lot and boasts 64 parking spaces. Currently, the property enjoys 62% occupancy with two established tenants under NNN leases commencing February 14, 2023, providing a stable income stream. The net rentable area totals 19,883 square feet, offering significant owner-user potential. This space is adaptable to various configurations, accommodating office, warehouse, or mixed-use operations. The property is zoned MR2-1, situated in a thriving business district with convenient access to major highways and public transportation. The strong tenant base and the potential for rental increases as leases renew, coupled with the property's prime location in a growing market, present a compelling value-add opportunity for investors seeking long-term appreciation and rental upside. This versatile asset offers a unique blend of immediate income and future growth potential, making it an ideal choice for both investors and owner-users seeking a strategic foothold in the San Fernando Valley.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Commercial real estate
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.6029098
- Latitude
- 34.2461726
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FAQs
What type of property is this?
Retail property - Prime location, strong cash flow, owner-user potential.
Where is this retail property located?
The property is located at 9667 Owensmouth Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $16,990,000.
What are key features of this property?
This property features: Stabilized income stream from two existing NNN leases starting February 14, 2023.; Value-add opportunity with potential for rental increases as leases renew in a growing market.; Excellent location in a thriving Chatsworth business district with easy highway and public transit access.
