This exceptional retail opportunity is located at 5780 Canoga Avenue in Los Angeles, California, within Los Angeles County, zip code 91367. The property consists of a 4,020 square foot building currently offering multiple vacant spaces ideal for retail or restaurant use. The entire building is available, providing flexibility for a single large tenant or the possibility of dividing the space. Two spaces are immediately available, with sizes ranging from a minimum of 1,738 square feet to a maximum contiguous space of 2,282 square feet. This prime location presents a unique chance to establish a thriving business in a bustling area of Los Angeles. The property's address is easily accessible and benefits from high visibility, making it an attractive proposition for businesses seeking strong foot traffic and brand exposure. The building is classified as both retail and restaurant space, offering versatility for a wide range of potential tenants. Interested parties are encouraged to inquire about lease terms and availability. The property is situated at 34.1748454 latitude and -118.5970315 longitude.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$4,324,688
6.5%
$3,992,020
7%
$3,706,876
Comparable approach
Method
Valuation
Relative Method
$4,870,142
Geo Method
$4,870,142
Alternative Use
Use
Valuation
Residential
$3,367,418
Hospitality
$3,084,537
Educational
$2,566,298
Medical
$2,654,558
Retail
$3,992,020
Location Insight
City
Woodland Hills
County
Los Angeles
State
California
Latitude
34.1748
Longitude
-118.597
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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