9420 Reseda Blvd | Northridge, CA 91324
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9420 Reseda Blvd
Northridge, CA 91324
College Block Shopping Center | Los Angeles · Retail Property For Sale
Investment Highlights
- Generational Opportunity to Purchase a True "Value-Add" Retail Center in Infill Los Angeles (Northridge)
- 100% Occupied Center, Featuring 15,156 SF Leased to 10 Tenants With Low Historical Vacancy
- Extremely Strong Rental Growth, Providing Hedge For Inflation - Majority of Tenants Have Annual 3% Rental Increases
- trong Mix of National and Regional Tenants Providing Security to New Investors Through Tenant Synergy and Diversity
- Majority of Tenants Feature Significantly Below Market Rents, Providing a Value-Add Opportunity in the Near Future
- Property Includes an Adjacent Vacant 1.05 Acre Parcel, Offering an Investor an Additional Development Opportunity
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
15,165 SF
Building Class
C
Year Built
1979
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
12’
Building FAR
0.39
Lot Size
0.89 AC
Zoning
LAC2
Parking
52 Spaces (3.43 Spaces per 1,000 SF Leased)
Frontage
144 FT on Reseda Blvd
Amenities
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 2764-010-041 | Improvements Assessment | $1,110,068 |
| Land Assessment | $385,639 | Total Assessment | $1,495,707 |
PROPERTY TAXES
Parcel Number
2764-010-041
Land Assessment
$385,639
Improvements Assessment
$1,110,068
Total Assessment
$1,495,707
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