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Property profile & analytics
OFF-MARKET
Banks

6537 Topanga Cyn Blvd Woodland Hills, CA 91303-2622

7,820 SF 0.33 ac lot Built 1974
Entity Owned 16-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6309974
Property summary
AI-generated overview

This exceptional 8,365-square-foot commercial property, located at 6537 Topanga Canyon Blvd in Los Angeles, CA 91303, presents a remarkable owner-user opportunity. Situated directly across from Westfield Topanga Mall, the seventh largest shopping center in California, this property boasts unparalleled visibility and accessibility. The building features prominent rooftop signage along the busy Topanga Canyon Boulevard, maximizing exposure to a high volume of traffic. The spacious interior offers potential for a wide array of uses, including financial institutions, creative offices, retail spaces, showrooms, or medical offices. The property includes 16 on-site surface parking spaces, providing ample convenience for employees and clients. Currently vacant, this versatile space allows for complete customization to suit specific business needs. The property is located in an enterprise zone, potentially offering additional economic benefits. Previously listed at $6,275,000, this auction presents a significant value proposition. The property is being sold free and clear of liens and encumbrances, with the exception of permitted exceptions such as easements and existing restrictions. A US Bank lease with approximately $300,000 in annual rental income may be assigned to the buyer, or the buyer may choose to vacate the tenant. The property has 1600 amps of 3-phase power available and could potentially be divided into two tenant spaces. Bids are due by November 14, 2024. Escrow is expected to close by December 15, 2024. A 10% deposit is required within 48 hours of bid acceptance. Title and escrow are with Stewart Title Company.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1974
Construction WOOD
Total area 7,820 SF
Lot 0.33 ac (14,395 SF)
Zoning code LAWC
APN 2139-023-029
UPID US09-6309974
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
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Owner & transaction history
Selective 6537 Topanga LLC · 16 yrs held
Selective 6537 Topanga LLC
since 2010
5 recorded transactions
2010
$2.7M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAWC · Woodland Hills, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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