8109 Foothill Blvd Los Angeles, CA 91040
- Retail space
- 1,073 SF
- 0.07 lot acres
Current Use by Public Records
- Retail space
Property Details for 8109 Foothill Blvd
- Year built
- 1954
- Lot size
- 0.07 lot acres
- Property size
- 1,073 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 2556-024-014
- APU
- 2556024014
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sunland
- County
- Los Angeles
- State
- California
- Longitude
- -118.309
- Latitude
- 34.2599
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
