For Sale
$2,265,000

7307 Canoga Ave Los Angeles, CA 91303

Freestanding Restaurant, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
133
This ±4,318 square foot freestanding restaurant building in Canoga Park presents a unique owner-user opportunity. Located on Canoga Avenue, this property boasts excellent visibility and is situated in a prime location just north of the Warner Center. Built in 1965 and extensively renovated in 2024, the single-story building features a ±9,125 square foot lot and sits within the LAMR1 zoning district. The property includes a functional hood and ventilation system, ideal for food service businesses, along with a sizable ±1,345 square foot front patio perfect for outdoor seating. Further enhancing its appeal, the building benefits from 600-amp 3-phase power, a new HVAC system, upgraded restrooms and plumbing, and numerous other interior and exterior improvements. Its location within a Transit Priority Area and State Enterprise Zone offers potential tax credits, streamlined plan review, and reduced parking requirements. This vacant property is well-suited for an SBA loan, and seller financing may be available for qualified buyers. The property's versatility makes it suitable for a range of uses beyond food service, given its flexible zoning and recent upgrades. This is a compelling investment opportunity for a business owner seeking a turnkey operation or a savvy investor looking for a strong return. The APN is 2111-016-037.

Highlights

  • Sale by listing broker.
  • High-traffic location.
  • Excellent visibility from major thoroughfare.
  • Strong tenant occupancy.
  • Significant upside potential for rental income.
  • Well-maintained building.

Property Details for 7307 Canoga Ave

Property type
Retail properties, Restaurants
Square Feet
4,318 SF
Year Built/Renovated
1965/2024
Stories
1
Units
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.2032351
Longitude
-118.59764431

FAQs

What type of property is this?
Retail property - Freestanding Restaurant, Owner-User Opportunity
Where is the retail property located?
The property is located at 7307 Canoga Ave Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,265,000.
What are key features of this property?
This property features: Sale by listing broker.; High-traffic location.; Excellent visibility from major thoroughfare.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7307 Canoga Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message