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17029 Chatsworth Street, Granada Hills, CA 91344

Commercial property · 2 recorded sales since 2015

17029 Chatsworth Street, Granada Hills, CA 91344 Sold August 2020 CRMLS
$1,537,500Sold August 2020

Listing Agent: Jim Mangassarian (DRE #00835836) · Listing Office: Realty Executives Homes · Contact: 661-286-8600 · Bought with: Robert Kurdyan · Keller Williams WMC · MLS #SR20095236 · Source: CRMLS

5,034
Building Sq Ft
10
Units
4.98%
Cap Rate
$79,233
NOI
8,220 sqft
Lot Size
1966
Year Built
LACR
Zoning
Commercial property
Type

About this commercial property

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.

Listing description from the August 2020 sale, as reported to CRMLS.

Sale history

$1,537,500
Sold August 2020 · listed $1,590,000, on market May 2020 · MLS #SR20095236 · Source: CRMLS
Listing Agent: Jim Mangassarian · Listing Office: Realty Executives Homes · Contact: 661-286-8600 · Bought with: Robert Kurdyan · Keller Williams WMC
$875,000
Sold May 2015 · listed $895,000, orig. $825,000, on market February 2015 · MLS #SR15034647 · Source: CRMLS
Listing Agent: Frank Riga Jr. · Listing Office: The Riga Company · Contact: 818-606-5292 · Bought with: Mohammad Ali · Coldwell Banker Allstars
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