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Versatile Freestanding Building in Chatsworth

9667 Owensmouth Ave, Chatsworth, CA 91311

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For Sale

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52,360 SF building in Chatsworth, investment or owner/user opportunity.

Type:Retail, Office, Industrial

Property size:

52,360 SF

Price / SF:

$263/SF

HighLights

Free‑standing building offering 52,360 square feet of versatile space.
Located in the heart of Chatsworth, California.
Presents both income stability and growth potential.
Suitable for either investment or owner/user.
Strategic option for a business owner to occupy part of the property.
Built in 1978.

We can help!

Listing Contact

Erica Balin

For Sale

Contact for pricing

52,360 SF building in Chatsworth, investment or owner/user opportunity.

Type:Retail, Office, Industrial

Property size:

52,360 SF

Price / SF:

$263/SF

Added:: Oct 19, 2024
Days on Market:: 599
Last Refresh:: May 13 at 8:09 pm

Property Features for 9667 Owensmouth Ave

General Information

Standard status: Active
Size: 52,360 SF
Property subtype: Retail, Office, Industrial

Building Details

Year Built: 1978

We can help!

Listing Contact

Erica Balin

Listing agent Erica Balin License #CA 01481476

Listing office Lee & Associates - LA North - Westlake Village

Listing date Oct 19, 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 - LA North - Westlake Village

HighLights

Free‑standing building offering 52,360 square feet of versatile space.
Located in the heart of Chatsworth, California.
Presents both income stability and growth potential.
Suitable for either investment or owner/user.
Strategic option for a business owner to occupy part of the property.
Built in 1978.

Overview

This free-standing building, located in Chatsworth, California, offers 52,360 square feet of versatile space. It presents an investment or owner/user opportunity, offering both income stability and growth potential for investors, as well as a strategic option for a business owner looking to occupy part of the property. The property is suitable for mixed-use, retail, office, and industrial purposes.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$1.77M	$33.84
− Vacancy	−$116.9k	−$2.23
EGI	$1.65M	$31.61
− OpEx	−$496.5k	−$9.48
NOI	$1.16M	$22.12

52,360 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%

Alternative Uses

Best Use

Retail

$16.55M

$14.48M – $19.31M (±1% cap)

NOI $1,158,444 @ 7.0% cap · market cap 8.39%

Second Best

Office B

$16.35M

$14.31M – $19.08M (±1% cap)

NOI $1,144,548 @ 7.0% cap · market cap 8.29%

Theoretical Best

Office A

$28.03M

$24.53M – $32.71M (±1% cap)

NOI $1,962,334 @ 7.0% cap · market cap 14.22%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Lighting Pavilion Building Supply LaSalle International, Inc. Construction Company PLC Lighting Logistics Company BatteryEVO Industrial Manufacturer Parrot Uncle Corporate Office

Suggested Use

Location Insight

Map
Local Demand

City: Chatsworth
County: Los Angeles
State: California
Longitude: -118.602291
Latitude: 34.2459068

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52,360 SF property with impressive clear height and secured yard.

9667 Owensmouth Ave, Chatsworth, CA

View Details

For sale
Mixed-use properties
CA
Chatsworth
91311
9667 Owensmouth Ave

What type of property is this?

Mixed-use property - 52,360 SF building in Chatsworth, investment or owner/user opportunity.

Where is this mixed-use property located?

The property is located at 9667 Owensmouth Ave Chatsworth, CA.

What is the asking price?

The asking price for this property is $13,800,000.

What are key features of this property?

This property features: Free‑standing building offering **52,360 square feet of versatile space.**; Located in the heart of Chatsworth, California.; Presents both income stability and growth potential.