7044 Owensmouth AveLos Angeles, CA 91303

For Lease
$25.44/SF/YR View listing
  • Office buildings
  • 12,460 SF

Property Details for 7044 Owensmouth Ave

Year built
1979
Construction
WOOD
Lot size
0.33 AC
Property size (Sq ft)
12,460 SF
Zone code
LAP
Property type
Office buildings
APN
2138-008-026
APU
2138008026

Description

This exceptional 12,460-square-foot office space, located at 7044 Owensmouth Ave, Los Angeles, CA 91303, presents a unique opportunity for businesses seeking a well-situated and functional workspace. The property, built in 1979, is classified as Class C and features a single-tenant occupancy. Its convenient location places it just a block away from the Topanga Westfield mall, offering unparalleled access to shopping, dining, and amenities. The building boasts both front and rear entrances for easy access and ample parking is available in the rear and on the street. The property is categorized as Retail, Office, and Special Purpose, with a Traditional Office subtype. This versatile space is ideal for a variety of businesses and offers a minimum one-year lease term. The address is easily accessible via Owensmouth Avenue and Gult Street. This is a single-tenant building, providing privacy and control over the entire space. The monthly rent is not specified in the provided information.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,606,896
    6.5%
    $3,329,442
    7%
    $3,091,625
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,369,394
    Geo Method
    $2,369,394
  • Alternative Use

    Use
    Valuation
    Residential
    $4,128,508
    Hospitality
    $3,781,692
    Educational
    $3,146,323
    Medical
    $3,254,530
    Retail
    $4,894,280
7044 Owensmouth Ave, Los Angeles, California
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Location Insight

City
Canoga Park
County
Los Angeles
State
California
Latitude
34.1987
Longitude
-118.601
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$21,958
$853,260
$827,306
$1,680,566
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