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    20914 Roscoe Blvd Los Angeles, CA 91304

    Sponsored
    For Sale
    $200,000

    High-traffic, diverse retail business.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional business opportunity in Canoga Park, CA, presents a unique blend of retail ventures under one roof. Located at 20914 Roscoe Blvd., 91304, this established business boasts a diverse inventory of Indian, Pakistani, Sri Lankan, and Fijian groceries, a personal care salon, and a gift shop featuring jewelry and festive attire. The integrated business model offers customers a comprehensive shopping experience, attracting a loyal clientele. Situated in a bustling strip mall alongside established businesses such as 7-Eleven, Carl's Jr., DD's Discount, Pool Mart, Subway, and Dollar Tree, this location ensures high visibility and accessibility. The business enjoys a prime location with significant foot traffic, contributing to its strong financial performance. Current monthly gross sales average $90,000, generating a net monthly income between $13,000 and $15,000. This represents a substantial cash flow, making it an attractive investment. The asking price is $200,000, reflecting a significant price reduction to facilitate a swift sale. The property itself is categorized as special purpose land with zero square footage listed. Potential buyers are strongly encouraged to conduct their own due diligence. This is a rare opportunity to acquire a thriving, multifaceted business in a high-demand location.

    Property Features for 20914 Roscoe Blvd

    General Information

    Property type
    Land

    HighLights

    • $200,000 asking price.
    • Special purpose land property in Canoga Park, CA.
    • 0 square feet.
    • Located in a high‑traffic strip mall with strong neighboring tenants (7‑Eleven, Carl's Jr., Dollar Tree, etc.).
    • Established business with diverse offerings (grocery, personal care, gift shop) generating approximately $90,000 in monthly gross sales and $13,000-$15,000 in monthly net income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Wholesale Shop Auto Repair Shop Nail Salon Auto Parts Store Kitchen & Bath

    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
    -118.5891783
    Latitude
    34.2191534

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    FAQs

    What type of property is this?
    Land - High-traffic, diverse retail business.
    Where is this land located?
    The property is located at 20914 Roscoe Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $200,000.
    What are key features of this property?
    This property features: $200,000 asking price.; Special purpose land property in Canoga Park, CA.; 0 square feet.
    Request Owner's contact information
    20914 Roscoe Blvd Los Angeles, CA 91304
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    Los Angeles, CA 91304
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20914 Roscoe Blvd Los Angeles, CA 91304
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