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    8041 Foothill Blvd Sunland, CA 91040
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    Property profile & analytics

    8041 Foothill Blvd, Sunland, CA 91040

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    • Office buildings
    • 2,225 SF
    • 0.08 lot acres
    For Sale
    $729,900
    View Listing →
    Two-Story Office Building on Foothill For Sale
    $729,900
    2,225 SF

    Two-Story Office Building on Foothill

    Two-story professional office building, move-in ready, excellent location.

    8041 FOOTHILL Boulevard, Sunland, CA 91040
    View Listing
    Property ID
    US09-8513965
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    6.9%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Office buildings

    Property Details for 8041 Foothill Blvd

    Year built
    1986
    Construction
    WOOD
    Lot size
    0.08 lot acres
    Zone code
    LAC2
    Property type
    Office buildings
    APN
    2556-025-040
    APU
    2556025040

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 7, 2022 $750,000 Lpam Property LLC Schellenbach And Associates INC Grant Deed $563k · Golden State Bank
    Sep 14, 2015 — Schellenbach & Associates INC Schellenbach P & J Trust Quit Claim Deed —
    May 15, 1998 $79,000 Peter J Schellenbach Schellenbach Trust Grant Deed · related —

    Description

    This exceptional 2,225 square foot commercial building presents a remarkable owner-user or investment opportunity. Situated on a 0.08-acre lot at 8041 Foothill Boulevard in Sunland, CA, this two-story structure boasts high visibility on a busy thoroughfare. Built in 1986, the property has recently undergone renovations including fresh paint and new flooring. The building is currently vacant and ready for immediate occupancy. The ground floor (Suite A) features a large open workspace, two private offices, and a restroom. The upper floor (Suite B) offers a reception area, a substantial open workspace, four individual offices, and a restroom complete with a shower. The property includes four on-site parking spaces, a significant advantage in this location. Its convenient location offers easy access to major freeways and is approximately seven miles from Burbank Airport. The property is also within minutes of Downtown Los Angeles, Pasadena, Glendale, North Hollywood, and Hollywood, providing unparalleled access to a diverse and thriving market. The property is zoned LAC2. This is a rare opportunity to acquire a well-maintained, updated commercial building in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $755,000
      ML approach
      $750,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $865,000
      6.5%
      $800,000
      7%
      $740,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $729,000
      Market price range: $170k - $751k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,000,000
      Current use
      MEDICAL BUILDING
      $1,010,000
      Change: +1% Conversion: Easy
      AUTO REPAIR, GARAGE
      $875,000
      Change: -12% Conversion: Difficult
      RETAIL STORES
      $855,000
      Change: -15% Conversion: Moderate

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Sunland
    County
    Los Angeles
    State
    California
    Longitude
    -118.308
    Latitude
    34.2599
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,694
    $520,200
    $260,100
    $780,300
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $615,000
      1,100 SF

      8416 Foothill Blvd

      PROFESSIONAL BUILDING
      8416 Foothill Blvd, Sunland, CA 91040-2812
      View Details
    • Value Estimation
      $3,535,000
      9,732 SF

      8587 Fenwick St

      OFFICE BUILDING
      8587 Fenwick St, Sunland, CA 91040-1953
      View Details
    • Value Estimation
      $2,935,000
      9,099 SF

      8334 Foothill Blvd

      OFFICE BUILDING
      8334 Foothill Blvd, Sunland, CA 91040-2850
      View Details
    • Value Estimation
      $1,475,000
      5,168 SF

      7918 Foothill Blvd

      OFFICE BUILDING
      7918 Foothill Blvd, Sunland, CA 91040-2937
      View Details
    • Value Estimation
      $650,000
      1,800 SF

      9687 Sunland Blvd

      OFFICE BUILDING
      9687 Sunland Blvd, Sunland, CA 91040-1450
      View Details
    • Value Estimation
      $505,000
      2,196 SF

      7841 Foothill Blvd

      OFFICE BUILDING
      7841 Foothill Blvd, Sunland, CA 91040-2972
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,225 SF

      Two-Story Office Building on Foothill

      Two-story professional office building, move-in ready, excellent location.
      8041 Foothill Blvd, Sunland, CA 91040
      View Details
    • $1,795,000
      827,422.20 Acres

      Shadow Hills Land with Plans

      Almost 20 acres with plans for luxury home.
      10600 Helen Ave, Shadow Hills, CA 91040
      View Details

    Similar Nearby for Lease

    • $3,200 /Mo
      1,585 SF

      Front-Facing Office End Unit

      End unit office with Foothill Blvd frontage and on-site parking, available February 1, 2026.
      7912 Foothill Blvd, Sunland, CA 91040
      View Details
    • Contact for pricing

      Retail Space with Freeway Access

      Retail space anchored by Ralphs with outstanding freeway access.
      8846 Foothill Blvd, Sunland, CA 91040
      View Details
    • Contact for pricing

      Sunland Retail Space For Lease

      Retail space in Sunland, close to shopping and high-traffic areas.
      8040 Foothill Blvd, Sunland, CA 91040
      View Details
    View Listing
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    Sunland, CA 91040
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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