7307 Canoga Ave Canoga Park, CA 91303-1314
Property summary
This ±4,318 square foot freestanding restaurant building in Canoga Park presents a unique owner-user opportunity. Located on Canoga Avenue, this property boasts excellent visibility and is situated in a prime location just north of the Warner Center. Built in 1965 and extensively renovated in 2024, the single-story building features a ±9,125 square foot lot and sits within the LAMR1 zoning district. The property includes a functional hood and ventilation system, ideal for food service businesses, along with a sizable ±1,345 square foot front patio perfect for outdoor seating. Further enhancing its appeal, the building benefits from 600-amp 3-phase power, a new HVAC system, upgraded restrooms and plumbing, and numerous other interior and exterior improvements. Its location within a Transit Priority Area and State Enterprise Zone offers potential tax credits, streamlined plan review, and reduced parking requirements. This vacant property is well-suited for an SBA loan, and seller financing may be available for qualified buyers. The property's versatility makes it suitable for a range of uses beyond food service, given its flexible zoning and recent upgrades. This is a compelling investment opportunity for a business owner seeking a turnkey operation or a savvy investor looking for a strong return. The APN is 2111-016-037.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
LAMR1 · Canoga Park, CAZoning
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Zoning designation
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