For Sale
$3,999,999

17734 Sierra HwySanta Clarita, CA 91387

Santa Clarita multi-tenant retail/office complex

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional Santa Clarita investment opportunity presents a fully renovated, 12,960 square foot mixed-use property at 17734 Sierra Hwy, 91387. Boasting 100% occupancy across ten suites, this two-story, Class C building offers a compelling 6.00% cap rate. The ground floor comprises eight retail/office storefronts ranging from 755 to 2,323 square feet, each with its own restroom and HVAC system. The second floor features two divisible office spaces totaling 3,145 square feet. Extensive 2022 renovations included a new roof, HVAC systems, ADA-compliant restrooms, doors, windows, electrical, plumbing, exterior siding, and landscaping. The property also features a new asphalt parking lot with 29 spaces and abundant street parking. Situated on a 25,200 square foot lot with 180 feet of high-visibility street frontage on Sierra Highway, this property presents a strong value-add opportunity for an owner-user or investor seeking a multi-tenant income stream. The property is zoned CC with a MU overlay and is offered for $3,999,999 ($308.64/sq ft, $155/sq ft land value). A 1031 exchange is permitted. The property's APN is 2839-014-034, 035 & 036. This is a truly remarkable opportunity in the thriving Los Angeles County market.

Property Details for 17734 Sierra Hwy

Property type
Lifestyle centers, Power centers
Square Feet
12,960 SF
Class
C
Year Built/Renovated
1978/2022
Stories
2
Units
10

Location Insight

City
Santa Clarita
County
Los Angeles
State
California
Latitude
34.428096290027
Longitude
-118.44563227176
17734 Sierra Hwy, Santa Clarita, California

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17734 Sierra Hwy
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