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Property profile & analytics
OFF-MARKET Estimated value $575,000
Retail space

20304 Saticoy St Winnetka, CA 91306-2511

1,860 SF 0.46 ac lot Built 1967
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US09-8683665
Property summary
AI-generated overview

This exceptional 20,053 square foot commercial lot presents a remarkable development opportunity in the thriving Winnetka area of Los Angeles, California. Located at 20304 Saticoy Street, this property boasts a highly desirable corner location at the intersection of Saticoy Street and Oso Avenue. The 0.46-acre parcel is zoned C4, opening doors to a wide range of development possibilities, including residential or commercial projects. The 1,860 square foot building currently on the site offers potential for renovation or demolition to maximize the land's potential. This prime location offers unparalleled convenience and accessibility, situated near key areas such as Warner Center, Westfield Topanga, Porter Ranch, California State University, Northridge (CSUN), Ventura Boulevard, and West Hills. The property's strategic positioning within this vibrant community ensures strong potential for future growth and return on investment. This is a rare chance to acquire a significant piece of land in a high-demand area, priced attractively at land value, making it an exceptional investment opportunity for discerning developers and investors seeking a high-growth potential project. The asking price is $3,450,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Construction WOOD
Total area 1,860 SF
Lot 0.46 ac (20,073 SF)
Zoning code LAC4
APN 2114-007-001
UPID US09-8683665
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$635k
Comparable Approach Comparable
$401k
Blend (final) Blend
$575k
Owner & transaction history
Hee Kim Jung · 2 yrs held
Hee Kim Jung
since 2023
1 recorded transaction
2023
Price N/A
Zoning & alternative use
LAC4 · Winnetka, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $860,000 +5.5%
Medical building $845,000 +3.6%
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