8345 Reseda Boulevard Northridge, CA $ 3,600,000
8345 Reseda Boulevard
$ 3,600,000
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8345 Reseda Boulevard

Northridge, CA, 91324
$ 3,600,000
Baths0.0 Sq 19,694

Monthly Estimate*

$ 23,927

Listed by Sunset Group Realty
8345 Reseda Boulevard, Northridge, CA 91324 - Image 1
Studio

Commercial Property for sale in Northridge, CA

for $3,600,000. This 19,694 square foot building was built in 1972 on a lot size of 0.5855.

Huge Price Reduction! Reseda Roscoe Professional Building is a 19,694 medical/office building located at 8345 Reseda Blvd., in Northridge, CA, within the San Fernando Valley designated market area. This asset is a great owner/user opportunity and also gives investors the opportunity to purchase at a huge value add opportunity through soft repositioning and long term leasing strategies. Originally built in 1972, the Property contains a multi-tenant office building, consisting of 24 office and medical spaces, situated on 0.59 acres with 39 surface parking spaces. Centrally located between the 118 fwy (4.5 miles) and the 101 fwy (3.5 miles) providing easy access for clients and patients throughout the greater Los Angeles area. The building is centrally located between the highly affluent areas of Sherwood Forest, Tarzana, Chatsworth and Porter Ranch. Reseda Roscoe Professional Building offers a significant value add via adaptive re-use with the possibility to convert to restaurant (RPBA Eligible Area). Reseda Roscoe Professional Building benefits from its location within a SBA Hub Zone.

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Commercial Pending

Price

$ 3,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Office

Lot Size

0.5855

Year Built

1972

Town/City

Northridge

County/Region

Los Angeles

MLS | Web ID

SR24088578

Days on Market

50

Features
General
Utilities ElectricityConnected SewerConnected
Roof Flat
Construction Materials Stucco
Year Built 1972
Property SubType Office
County Los Angeles
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Pending
Directions N of Roscoe on W side of Reseda
City Northridge
View Y/N N
Senior Community Y/N N
MLS Area NR - Northridge
Lot Size Units SquareFeet
Lot Size Square Feet 25505.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Listing Terms Cash GovernmentLoan
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 0
Building Area Units SquareFeet
Standard Status Pending
Occupancy Type Owner
Property Sub Type Additional Office
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Exterior
Lot Features Item01UnitAcre
Water Source Public
Lot Size Area 25505.0
Number of Buildings 1
Spa N
Building Area Total 19694.0
Lot Size Acres 0.5855
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Internal Only
Street Number 1 8345
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* Excluded Features
List By
Sunset Group Realty

Broker

(818) 231-5974

Phone

Affordability Calculator

$23,927
Per Month
100%
0%
0%
Monthly Principal & Interest
$23,927
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/3/2024$3,600,000 Listed Price

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8345 Reseda Boulevard, Northridge, CA, 91324 is a Commercial Property for sale at $3,600,000 with 19,694 sqft and a lot size of 0.5855. 8345 Reseda Boulevard is a studio with 0.0 baths and was built in 1972. The property's zip code is 91324 which is in Northridge, CA