Canoga Park CA Real Estate & Commercial for Sale

Marcus & Millichap/Matthews Real Estate Investment Services is pleased to present the 7550 Jordan Avenue, a 26-unit value add apartment building located at Canoga Park, California. Built in 1985, the property is not subject to LA City Rent Control (subject to California Rent Control under AB 1482 which permits annual rent increases of ~5% + CPI). Current rents are approximately 12% below market providing a new investor the opportunity to renovate units and common areas in order to maximize rental income. The property features a favorable unit mix consisting of (10) one-bedroom/one-bathroom units and (16) two-bedroom/two-bathroom units. Units feature central heat and air-conditioning, patio or balcony, wood flooring, fireplace, gas range, microwave, refrigerator, marbleized quartz countertops (select units) and subway tile backsplashes and tubs (select units). Property amenities include secured access, covered garage parking, elevator, laundry facility and storage space. The 23,994 square foot building sits on a large 0.5 acre lot that is LAR3 zoned. 7550 Jordan Avenue is located in Canoga Park, long considered one of the strongest rental submarkets in the San Fernando Valley with historically low vacancy rates. The property boasts a Walk Score of 83 as it is walking distance to grocery stores, restaurants and retail on Topanga Canyon Boulevard and approximately 2 miles from the Westfield Topanga Mall and Warner Center. The property is conveniently located 1 mile from the Sherman Way Metro Orange Bus Line Station which provides a convenient connection to the North Hollywood Metro Red Line Station for easy rail access to Hollywood, Koreatown, Downtown LA and beyond. The property is also close to the 101 freeway for commuters heading to job centers such as Calabasas, Sherman Oaks, Encino, Burbank and Glendale.

Great Investment opportunity in prime area of Canoga Park. Good location on a heavy traffic street. The property includes a lot size of over 7,000 sf. The building square feet is 680 sf. The current tenant is a Tire Shop. Perfect for mechanic shop or smog check. Lots of potential. Schedule your showing today!

We are delighted to present an extraordinary opportunity to acquire a high-performing business located on a bustling boulevard that sees a high volume of traffic. This commercial property is strategically situated in the prime area of Canoga Park/West Hills, a location known for its high visibility and footfall.The retail property is a promising investment opportunity with a high potential for a substantial return on investment in the near future. The property's location, adjacent to an undeveloped lot, presents a unique opportunity for upscale development, potentially enhancing the value of the property and the returns on your investment.The current owner offers flexible terms to suit the buyer's needs. The owner is open to leasing the unit and continuing operations after the close of escrow, which could provide a steady rental income for the new owner. Alternatively, the property can be delivered vacant, offering the new owner the freedom to utilize the space as they see fit.The owner has expressed a preference to remain at this location due to the significant increase in revenue attributed to the high visibility and traffic of the location. This is a testament to the property's potential for business growth and profitability.Please note that property viewings are available strictly by appointment, with a minimum notice of 24 hours. This is to ensure minimal disruption to the ongoing business operations and to provide potential buyers with a comprehensive viewing experience.This is a rare and exceptional opportunity to invest in a property with immense potential for growth, high returns, and a strategic location in a prime area. Don't miss out on this chance to own a piece of prime real estate in Canoga Park/West Hills.

Welcome to an exceptional investment and owner user opportunity. This mixed-use property, located in a prime Canoga Park area, offers a versatile space suitable for a variety of business ventures. With a perfect blend of commercial and residential spaces, this property is ideal for entrepreneurs looking to capitalize on multiple income streams.The commercial space boasts ample square footage, allowing for retail, office, or other endeavors to flourish. Its strategic location ensures high visibility and foot traffic, making it an attractive choice for businesses seeking maximum exposure. Schedule a viewing and unlock the possibilities of this exceptional investment!

Excellent Retail Owner/User or Investment Opportunity in Downtown Canoga Park. Currently in use as a barber shop. Newer Roof and HVAC (2022), Newer Electrical and Plumbing with tankless water heater (2020). ADA compliant access ramp and bathroom. Five parking spaces. Fully fenced parking lot with roll down security gate at front entrance. Interior designed with vintage style concrete floors, exposed brick, designer lighting and custom woodwork.

Located on Topanga Canyon Blvd with heavy traffic and great exposure. The Corvette Shop Inc. is a well-established automotive repair shop that has been owned and operated since 1987 focusing on corvette repair and general automotive repair in the San Fernando Valley. The building is approximately 2,726 sq ft on a corner lot with additional off-street parking.6 working auto bays with 4 lifts, large office space and extra storage. Large repeat customer base. Sale will include the Real Estate and Business. Owner financing available