6537 Topanga Cyn Blvd Woodland Hills, CA 91303-2622
- Banks
- 7,820 SF
- 0.33 lot acres
Current Use by Public Records
- Banks
Property Details for 6537 Topanga Cyn Blvd
- Year built
- 1974
- Construction
- WOOD
- Lot size
- 0.33 lot acres
- Property size
- 7,820 SF
- Zone code
- LAWC
- Property type
- Banks
- APN
- 2139-023-029
- APU
- 2139023029
Description
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.
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
- Woodland Hills
- County
- Los Angeles
- State
- California
- Longitude
- -118.606
- Latitude
- 34.1892
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
