8041 Foothill BlvdSunland, CA 91040

Property Details for 8041 Foothill Blvd

Year built

1986

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

2,225 SF

Zone code

LAC2

Property type

Office properties

Property subtype

Office buildings

APN

2556-025-040

APU

2556025040

Description

This exceptional 2,225 square foot commercial building presents a remarkable owner-user or investment opportunity. Situated on a 0.08-acre lot at 8041 Foothill Boulevard in Sunland, CA, this two-story structure boasts high visibility on a busy thoroughfare. Built in 1986, the property has recently undergone renovations including fresh paint and new flooring. The building is currently vacant and ready for immediate occupancy. The ground floor (Suite A) features a large open workspace, two private offices, and a restroom. The upper floor (Suite B) offers a reception area, a substantial open workspace, four individual offices, and a restroom complete with a shower. The property includes four on-site parking spaces, a significant advantage in this location. Its convenient location offers easy access to major freeways and is approximately seven miles from Burbank Airport. The property is also within minutes of Downtown Los Angeles, Pasadena, Glendale, North Hollywood, and Hollywood, providing unparalleled access to a diverse and thriving market. The property is zoned LAC2. This is a rare opportunity to acquire a well-maintained, updated commercial building in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $725,197

  6.5%

  $669,412

  7%

  $621,597

• Comparable approach

  Method

  Valuation

  Relative Method

  $423,106

  Geo Method

  $423,106

• Alternative Use

  Use

  Valuation

  Residential

  $830,071

  Hospitality

  $760,341

  Educational

  $632,595

  Medical

  $654,351

  Retail

  $984,036

Location Insight

City

Sunland

County

Los Angeles

State

California

Latitude

34.2599

Longitude

-118.308

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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