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$ 4,600,000
Est. payment | /mo
0.41 Acres Lot
$ 4,600,000
Est. payment | /mo
0.41 Acres Lot
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW26155514
HOA Y/N No
Year Built 1955
Lot Size 0.412 Acres
Property Sub-Type Retail
Property Description
The subject property is a well-maintained neighborhood retail center located at 17851 Chatsworth Street, Granada Hills, California. The property benefits from a highly visible hard-corner location at a major signalized intersection with trafÏc counts exceeding 43,000 vehicles per day, providing
exceptional exposure to both vehicular and pedestrian trafÏc. Approximately of the gross leasable area is currently vacant or occupied on month-to month terms, creating a rare opportunity for an owner-user to immediately occupy space while implementing a value-add leasing strategy. The vacant end-cap suite offers excellent frontage and visibility, making it ideal for an owner-user or a new tenant seeking prominent street presence. The center features 27 on-site parking spaces and is anchored by established professional tenants including a dentist, optometrist, and Edward Jones, providing stability and consistent customer trafÏc. Ownership has maintained the property in excellent condition with no deferred maintenance, allowing a new owner to focus on occupancy and income growth rather than capital improvements. The property is situated within the desirable Granada Hills community of the San Fernando Valley, one of the most established residential and commercial submarkets in Los Angeles. The surrounding area is characterized by strong demographics, high homeownership rates, and a stable consumer base that supports neighborhood-serving retail and professional services. The site's position at a major intersection with over 43,000 average daily vehicle trips provides outstanding visibility and accessibility. Residents benefit from convenient access to nearby freeways, major employment centers, schools, and retail amenities throughout the San Fernando Valley. The surrounding neighborhood is afÒuent, with average household incomes exceeding $126,000, supporting strong spending power and long-term tenant demand. Combined with its excellent exposure, established tenant presence, ample parking, and significant leasing upside, the property represents an attractive investment and owner-user opportunity in a highly sought-after Los Angeles submarket.
exceptional exposure to both vehicular and pedestrian trafÏc. Approximately of the gross leasable area is currently vacant or occupied on month-to month terms, creating a rare opportunity for an owner-user to immediately occupy space while implementing a value-add leasing strategy. The vacant end-cap suite offers excellent frontage and visibility, making it ideal for an owner-user or a new tenant seeking prominent street presence. The center features 27 on-site parking spaces and is anchored by established professional tenants including a dentist, optometrist, and Edward Jones, providing stability and consistent customer trafÏc. Ownership has maintained the property in excellent condition with no deferred maintenance, allowing a new owner to focus on occupancy and income growth rather than capital improvements. The property is situated within the desirable Granada Hills community of the San Fernando Valley, one of the most established residential and commercial submarkets in Los Angeles. The surrounding area is characterized by strong demographics, high homeownership rates, and a stable consumer base that supports neighborhood-serving retail and professional services. The site's position at a major intersection with over 43,000 average daily vehicle trips provides outstanding visibility and accessibility. Residents benefit from convenient access to nearby freeways, major employment centers, schools, and retail amenities throughout the San Fernando Valley. The surrounding neighborhood is afÒuent, with average household incomes exceeding $126,000, supporting strong spending power and long-term tenant demand. Combined with its excellent exposure, established tenant presence, ample parking, and significant leasing upside, the property represents an attractive investment and owner-user opportunity in a highly sought-after Los Angeles submarket.
Location
State CA
County Los Angeles
Area Gh - Granada Hills
Zoning C1-1XL
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 27
Building
Lot Description Corner Lot
Story 1
Water Private
Others
Tax ID 2712030032
Special Listing Condition Standard
Listed by Christopher Comfort Apex Properties 818-917-6558, DRE #01407997
NEARBY SCHOOL & BUSINESS
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