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Property profile & analytics
FOR SALE
Retail space

8109 Foothill Blvd Los Angeles, CA 91040

1,073 SF 0.07 ac lot Built 1954
Individually Owned 27-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8107539
Property summary
AI-generated overview

This exceptional investment opportunity presents two buildings totaling 2,073 square feet of retail space situated on approximately 4,751 square feet of land in the desirable Sunland area of Los Angeles, CA. The property, located at 8109-8111 Foothill Boulevard, features two structures built in 1954 and 1957, respectively, and is zoned C2-1VL. One building is currently vacant, offering immediate potential for owner-occupancy or leasing. The second building generates a monthly income of $1,653.75 under a modified gross lease with a tenant (Corsica Deli) holding seven one-year options with 5% annual rent increases. Landlord responsibilities include property taxes and insurance, while the tenant covers janitorial services, pest control, garbage disposal, drainage maintenance, water heater upkeep, parking lot maintenance, HVAC maintenance, and repairs to doors, windows, walls, and electrical systems. Both buildings boast recent improvements, including brand new roofs and fresh interior and exterior paint. A gated parking lot is conveniently located behind the buildings. The property's prime location on Foothill Boulevard presents a unique opportunity for an owner-user or investor seeking a multi-unit retail property with immediate income potential and significant upside. The APN numbers are 2556-024-014 and 2556-024-035. The asking price is $1,695,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Total area 1,073 SF
Lot 0.07 ac (2,850 SF)
Zoning code LAC2
APN 2556-024-014
UPID US09-8107539
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Dominique Sicari
Dominique Sicari
2 recorded transactions
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAC2 · Sunland, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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