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    17029 Chatsworth Street

    Granada Hills, CA 91344
    • $1,590,000
    • STATUS: Active Under Contract
    • ON SITE: 57 days
    • ID#: SR20095236
    Under Contract
    UPDATED: 20 min ago
    $1,590,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,034
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1966
    County:

    School Ratings & Info

    Description

    We are pleased to offer the rare opportunity to acquire a freestanding, office building located on Chatsworth Street, almost at the corner of Balboa Blvd., directly across a major shopping center with tenants like Staples, Walgreens, 99 Cents Only Stores & El Pollo Loco, very busy, well traveled street/intersection with high visibility in desirable and highly sought-after Granada Hills neighborhood. The Property, 17029 Chatsworth Street, consisting of a 4 unit office building is available for sale to an investor or owner-user. Built in 1966, this frame and stucco building offers 60 foot frontage on Chatsworth Street with high visibility. Tenants currently occupying three of the units have been long term tenants, making this excellent for investors, however, owners unit of approx. 1862 square feet can be occupied by the new owner, which makes this building an ideal owner user opportunity. In addition, owners unit (suite 100), which is approx. 1862 square feet, is available for lease, consisting of a main (large) reception area plus nine private offices, most with own windows, space is being offered at $1.89/square foot, modified gross lease with 3-5 year term, there are a total of 11 parking spaces in the back with street and rear alley access as well as street parking, this is a rare opportunity.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-16T12:29:02.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

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    17029 Chatsworth Street Granada Hills, CA 91344

    • Price: $1,590,000
    • Status: Active Under Contract
    • Updated: 20 min ago
    • ID#: SR20095236
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    5,034
    SQFT
    $316
    $/SQFT
    1966
    Built
    Neighborhood:
    GH - Granada Hills
    County:
    Los Angeles
    Area:
    GH - Granada Hills
    Property Description
    We are pleased to offer the rare opportunity to acquire a freestanding, office building located on Chatsworth Street, almost at the corner of Balboa Blvd., directly across a major shopping center with tenants like Staples, Walgreens, 99 Cents Only Stores & El Pollo Loco, very busy, well traveled street/intersection with high visibility in desirable and highly sought-after Granada Hills neighborhood. The Property, 17029 Chatsworth Street, consisting of a 4 unit office building is available for sale to an investor or owner-user. Built in 1966, this frame and stucco building offers 60 foot frontage on Chatsworth Street with high visibility. Tenants currently occupying three of the units have been long term tenants, making this excellent for investors, however, owners unit of approx. 1862 square feet can be occupied by the new owner, which makes this building an ideal owner user opportunity. In addition, owners unit (suite 100), which is approx. 1862 square feet, is available for lease, consisting of a main (large) reception area plus nine private offices, most with own windows, space is being offered at $1.89/square foot, modified gross lease with 3-5 year term, there are a total of 11 parking spaces in the back with street and rear alley access as well as street parking, this is a rare opportunity.
    Exterior Features

    Construction Materials Drywall WallsFrameStucco Entry Level 1 Fence YN No Fencing None Lot Features Level With StreetLot 6500-9999Rectangular LotLevelNear Public TransitPaved Lot Size Dimensions 60 X 117 Lot Size Source Assessor Lot Size Units Square Feet Parking Total 11.00 Roof Asphalt Topography LevelFlat

    Interior Features

    Building Features Phone System Condo Area Units Square Feet Cooling Central Air Cooling YN Yes Heating CentralForced AirNatural Gas Heating YN Yes Laundry Features None Office Square Footage 5162

    Property Features

    Accounting Type Actual Additional Parcels YN No Asset Class Office Building Area Units Square Feet Building Status Existing Business Type Mixed Cap Rate 4.98 Country Us Current Use Comments Office Building Effective Gross 109524 Electric Electricity - On Property Expense Year 2019 Gross Scheduled Income 109524.00 Investment Property YN Yes Land Lease YN No Land Use Office Laundry YN No Leasable Area Units Square Feet Lease Considered YN Yes Lot Dimensions Source Assessor Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 79232.72 Number Of Units Leased 3 Occupancy Available Operating Expense 30291.28 Property Sub Type Office Real Estate Tax Expense 11661.00 Security Features Carbon Monoxide Detector(S)Security SystemSmoke Detector(S) Special Listing Conditions Standard Tax Annual Amount 11661.00 Tax Year 2019 Total Building NRA 5034 Total Expenses 30291.28 Utilities Cable AvailableElectricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailableSewer AvailableSewer ConnectedWater AvailableWater Connected Water Source Public Year Built Source Assessor Zoning Lacr

    Listing provided courtesy of Jim Mangassarian of Realty Executives Homes


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-16T12:29:02.817. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Beach City Brokers | BCB Premier Estates | The Miller Group. Licensed in the State of California, USA.

     
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    Beach City Brokers | BCB Premier Estates | The Miller Group
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    Redondo Beach CA, 90277