For Sale
$649,000

7116 Foothill BlvdLos Angeles, CA 91042

Free-standing office, seller financing available.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional, single-story creative office building at 7116 Foothill Blvd, Tujunga, CA 91042, presents a rare investment opportunity. Built in 1955 and extensively renovated in 2022, this 1,875 square foot property sits on a prominent location along Foothill Boulevard, benefiting from high visibility and substantial foot and vehicular traffic. The building features a gated driveway, providing ample front and backyard parking and storage space, ideal for a business owner/user. The property is zoned LAC2 and includes 608 square feet of air rights. Currently, a three-year lease is in place at $2,300 per month, with a 5% annual increase. This represents a strong income stream for an owner-user or investor. The motivated seller is offering seller financing, making this an even more attractive proposition. This is the first time this property has been offered for sale in many years, and the asking price reflects a compelling value for a quick sale. The property's location in the heart of Tujunga, surrounded by established businesses, ensures excellent exposure and potential for growth. This is a unique chance to acquire a well-maintained, strategically located commercial property with significant upside potential.

Highlights

  • 1,875 SF single-story creative office building on Foothill Blvd in Tujunga, CA.
  • Prominent location with high visibility and substantial foot and vehicular traffic.
  • Features gated driveway, ample front and rear parking/storage.
  • Zoned LAC2 with 608 SF of air rights.
  • Currently leased for $2,300/month with a 5% annual increase.

Property Details for 7116 Foothill Blvd

Property type
Office properties, Office space
Year Built/Renovated
1955/2022
Buildings
1
Stories
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2477953
Longitude
-118.2865669
7116 Foothill Blvd, Los Angeles, California

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7116 Foothill Blvd
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