9667 Owensmouth Ave Los Angeles, CA 91311

Property Details for 9667 Owensmouth Ave

Year built

1978

Construction

TILT-UP CONCRETE

Lot size

2.12 lot acres

Property size

48,160 SF

Zone code

LAMR2

Property type

Manufacturing properties

APN

2746-016-019

APU

2746016019

Description

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.

Location Insight

City

Chatsworth

County

Los Angeles

State

California

Longitude

-118.603

Latitude

34.2462

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments