Exclusively Listed by: David Dawud

7119 Owensmouth Ave Canoga Park, CA 91303

7119 Owensmouth Ave, Canoga Park, CA, 91303
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FOR SALE FOR LEASE
Property Type:
Single Tenant Office
Amount:
$4,250,000
Last Verified:
Jul 01, 2024

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Highlights


Description

REMAX One Commercial is pleased to present a rare opportunity to purchase or lease 7119 Owensmouth Ave in the heart of Canoga Park! Zoned LAC2 for office and school use, making it a highly versatile investment opportunity. The property has multiple administrative offices, classrooms, assembly rooms, outdoor recreation areas, and a kitchen. With 15,272 SF of interior space, this property is perfect for a wide range of businesses, including professional offices, educational facilities, medical practices, and more. The existing layout allows for easy customization and reconfiguration to suit your specific needs. The building features on-site parking with ample public parking located directly behind the property, along with street parking. Located in a highly visible and easily accessible location, this property is situated on a busy street with high traffic counts and excellent exposure. It is close to public transportation, major freeways, and many amenities, including restaurants, shops, and entertainment options. Don't miss out on this fantastic investment opportunity in a highly sought-after location! Contact us today to schedule a showing and see the potential this property has to offer. Canoga Park is located in the Western San Fernando Valley and boasts over 138,000 in a 2-mile radius and 433.000 population within a 5-mile radius.

The property is compromised of two separate structures that total 15,272 SF and 14,998 SF lot. The current layout of the property is configured and used as a school. The zoning for this property is C2, with endless opportunities for an owner user.

REMAX One Commercial is pleased to present a rare opportunity to purchase or lease 7119 Owensmouth Ave in the heart of Canoga Park! Zoned LAC2 for office and school use, making it a highly versatile investment opportunity. The property has multiple administrative offices, classrooms, assembly rooms, outdoor recreation areas, and a kitchen. With 15,272 SF of interior space, this property is perfect for a wide range of businesses, including professional offices, educational facilities, medical practices, and more. The existing layout allows for easy customization and reconfiguration to suit your specific needs. The building features on-site parking with ample public parking located directly behind the property, along with street parking. Located in a highly visible and easily accessible location, this property is situated on a busy street with high traffic counts and excellent exposure. It is close to public transportation, major freeways, and many amenities, including restaurants, shops, and entertainment options. Don't miss out on this fantastic investment opportunity in a highly sought-after location! Contact us today to schedule a showing and see the potential this property has to offer. Canoga Park is located in the Western San Fernando Valley and boasts over 138,000 in a 2-mile radius and 433.000 population within a 5-mile radius.


Year Built: 1952
Building Size: 15272sq ft
Building Class: B
Lot Size: 0.34 acres


Documents

RE/MAX Brochure
Los Angeles - CA-Retail-Market-2022-02-21.pdf
Demographics Report.pdf

Units for Lease

7119 Owensmouth Ave Canoga Park 91303
Space Available: 15272 SF
Lease Type: NNN

Price Per Sqft/Month: $0.85

Map of 7119 Owensmouth Ave, Canoga Park, CA, 91303

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.