17020 Chatsworth Street Granada Hills, CA 91344

$9,795,000
17020 Chatsworth Street, Granada Hills, CA 91344
DW18058337

Commercial Property for sale in Granada Hills, CA

for $9,795,000. This building was built in 1962 on a lot size of 79118.00 Sqft..

Property Information

  • $9,795,000
  • Commercial
  • Retail
  • Active
  • Lot size of 79118.00 Sqft.
  • Built in 1962
  • Granada Hills, CA
  • Granada Hills Neighborhood
  • Los Angeles County
  • MLS/Web ID is DW18058337

Description

The subject property consists of a single story 99 Cent Only Store along with a two story multi-tenant retail / office building. The property is located on a corner and enjoys an open parking lot contiguous to the Staples and Walgreen's shopping center immediately adjacent. The Subject Property also benefits from excellent visibility, good parking, and strong historical occupancy rates. Currently rents are very low, with an average rent per sq. ft. of only $1.49 per sq. ft. GROSS. By increasing rents to market levels, the investor will realize substantial upside in this investment. Dry cleaner tenant installed the plant within the last four years with stringent regulation and oversight. Previous to that it was an dry cleaner agency only.

Interior 2

Heating System

  • Forced Air
  • Other

Water Source

  • Public Water

Miscellaneous 1

Location

  • Corner Lot

† Excluded Feature

Listed By

Broker: APEX PROPERTIES

17020 Chatsworth Street, Granada Hills, CA, 91344 is a Commercial Property for sale at $9,795,000 with a lot size of 79118.00 Sqft.. 17020 Chatsworth Street has 0.0 baths and was built in 1962. The property's zip code is 91344 which is in Granada Hills, CA

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Market Pricing

Average % of sale price Median % of sale price
All listings in Granada Hills $1,027,178 90 % below $732,475 93 % below
Commerical listings in Granada Hills $4,937,500 50 % below $4,937,500 50 % below

Get the facts about Granada Hills, CA!

Population 52,349
Population Growth (since 2000) 7 %
Median Income $77,894
Median Age 42.07
Households w/ Children 35 %

Residential Dwellings

  • Owned 12736
  • Vacant 513
  • Rented 4363

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