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21824 Devonshire St
Chatsworth, CA 91311

Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Value-add retail investment with redevelopment potential located in Chatsworth, a short distance to the Chatsworth Park, the Metro, and local shops
  • Currently there is one unit vacant with the three others leased to month-to-month tenants allowing an investor to increase the cash flow
  • Walk score of 76 located near local shops, restaurants, schools, and recreation
  • Built in 1956, consists of 7,000 SF of retail, currently sub-divided into 4 units in an ideal location
  • Possible residential redevelopment opportunity with a 12,498SF lot zoned {Q}C2-2D in a Tier 1 TOC; limited inventory with favorable development zoning
  • Located within .7mi of the Chatsworth Metro Station for convenient commuting throughout the Greater Los Angeles area via the Metro Orange

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
7,000 SF
Building Class
C
Year Built
1956
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.29 AC
Zoning
[Q]C2-2D
Parking
10 Spaces (1.43 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Signage

PROPERTY TAXES

  • Listing ID: 19438871

  • Date on Market: 5/5/2020

  • Last Updated:

  • Address: 21824 Devonshire St, Chatsworth, CA 91311