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7217-7221 Reseda Blvd
Reseda, CA 91335

PRICE REDUCTION - Reseda Multi-Tenant Retail · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
6,206 SF
Building Class
C
Year Built
1951
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.55
Lot Size
0.26 AC
Zoning
C2, Los Angeles
Parking
8 Spaces (1.41 Spaces per 1,000 SF Leased)
Frontage
74 FT on Reseda

AMENITIES

  • Bus Line

ABOUT 7217-7221 RESEDA BLVD , RESEDA, CA 91335

STABLE AND SECURE INCOME STREAM 100% occupied property NNN Leases Rental Increases Seasoned tenant mix with 5-year average length of occupancy Significant upside potential in bringing current leases to market rents Excellent signage with extra income generated from the billboard EXCELLENT SFV LOCATION Ideally located just South of the northwest signalized corner of Reseda Boulevard and Sherman Way Highly walkable location with heavy foot traffic with a walk score of 83/100 (very walkable) 75 feet of frontage on Reseda Boulevard Land is zoned C2 Tier 2 TOC EXCELLENT OWNER-USER OPPORTUNITY 48% of the current leases are month-to-month A Buyer can occupy a portion of the property and benefit from cash flow from the other units and billboard

PROPERTY TAXES

  • Listing ID: 15816682

  • Date on Market: 4/24/2019

  • Last Updated:

  • Address: 7217-7221 Reseda Blvd, Reseda, CA 91335