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9667 Owensmouth Ave Los Angeles, CA 91311

Sponsored
For Sale
$16,990,000

Prime location, strong cash flow, owner-user potential.

Property size:
52,360 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
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 Features for 9667 Owensmouth Ave

General Information

Property type
Retail properties
Square Feet
52,360 SF
Lot Size
92,783 SF

Building Details

Year Built/Renovated
1978/2022

HighLights

  • 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.
  • Strong investment potential in Chatsworth's dynamic commercial real estate market.
  • 52,360 SF free‑standing building on a 2.13‑acre lot with 64 parking spaces, offering owner‑user flexibility.
Property Profile Location Intelligence

Current Use by Public Records

Lighting Pavilion Home Improvement Store LaSalle International, Inc. General Contractor PLC Lighting Exporter BatteryEVO Battery Manufacturer Parrot Uncle Corporate Office

Suggested Use

Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing 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
-118.6029098
Latitude
34.2461726

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.
More about this property
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