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15316-15324 Parthenia St 3,000 SF 100% Leased Retail Building North Hills, CA 91343 $1,353,558 CAD ($451.19 CAD/SF)


Executive Summary
15316-15324 Parthenia St. Prime Storefront Retail. THE OFFERING Positioned just east of the high-traffic Sepulveda & Parthenia intersection, this 14,305 SF mid-block asset offers a superior balance of massive street exposure and easier site ingress/egress. Currently a 6-storefront-unit retail strip, the property is a prime candidate for a high-density "Podium" development under the 2026 Citywide Housing Incentive Program (CHIP). LOCATION ADVANTAGE • The Traffic Stream: Benefits from the 34,229 ADT on Sepulveda Blvd as cars accelerate or slow for the Parthenia intersection. Traffic counts from Realtor Property Resource (RPR). • Transit Oriented: Situated in a TOC Tier 3 / CHIP Opportunity Corridor, ensuring the highest level of density bonuses and parking reductions • Ease of Access: Unlike corner lots that face "right-in, right-out" restrictions, this mid-block location allows for more flexible loading and residential parking entrance designs. This site sits just blocks from the Metro Sepulveda Transit Corridor, ensuring long-term appreciation and tenant demand.
Data Room Click Here to Access
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
3,000 SF
Building Class
C
Year Built
1954
Price
$1,353,558 CAD
Price Per SF
$451.19 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.33 AC
Zoning
LAC2 - LAC2-1 (Opportunity Corridor / TOC Tier 3 Equivalent
Parking
20 Spaces (6.67 Spaces per 1,000 SF Leased)
Frontage
106’ on Parthenia St
Amenities
- Signage
Walk Score®
Very Walkable (73)
Nearby Major Retailers
Property Taxes
| Parcel Number | 2654-021-032 | Total Assessment | $328,411 CAD |
| Land Assessment | $154,821 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $173,590 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
2654-021-032
Land Assessment
$154,821 CAD
Improvements Assessment
$173,590 CAD
Total Assessment
$328,411 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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15316-15324 Parthenia St
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