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18175 Chatsworth St - Public Storage - Granada Hills 72,800 SF Specialty Building Offered For Sale in Granada Hills, CA 91344
Investment Highlights
- Strong Operational Metrics: In-Place Achieved Rents: $3.00 per sq. ft
- Supply Constrained Submarket: Strong Barriers to Entry within Granada Hills is reflected in the compressed Square Foot Per Capita - 4.3 sq ft (3-Mile)
- Primary East-West Thoroughfare: Frontage Along Chatsworth Street Provides Consistent Visibility and Access to 27,620 Vehicles Daily
- Highly Desirable Demographics: Dense Infill Submarket Offering 453,375 People Within a 5-Mile Radius & Avg Household Income of $162,122 Within 3-Miles
Executive Summary
FOR MORE INFO / VIEW OFFERING MEMORANUDM: https://selfstorageadvisory.com/properties/public-storage-granada-hills/
CBRE’s Self Storage Advisory Group has been retained by ownership as the exclusive listing advisor to market the sale of Public Storage - Granada Hills. This investment opportunity consists of 547 units distributed across 61,204 net rentable square feet of ground level drive-up and interior non-climate-controlled storage space along with 5,095 net rentable square feet of uncovered parking spaces. The facility is strategically located within a rapidly growing submarket offering highly desirable demographics, with 5,025 future residential units in the development pipeline along with an existing population of 453,375 people within a 5-mile radius. This dense infill location also benefits from the strong average household incomes generated by the potential tenant base, averaging $162,122 within a 3-mile radius.
Granada Hills, California is a stable and attractive San Fernando Valley submarket supported by a diversified local economy anchored in neighborhood retail, healthcare, education, and public-sector employment, while benefiting from strong connectivity to major employment hubs across Los Angeles. The area draws workforce and housing support from nearby California State University, Northridge (CSUN), one of California’s largest universities with approximately 35,000 students, which provides a steady pipeline of educated labor and consistent rental demand. Future growth is underpinned by targeted public and private investment, including the $668 million Metro G Line (Orange Line) transit upgrade, a $274 million modernization of John F. Kennedy High School, and incremental mixed-use and residential developments along Chatsworth Street that are adding new housing, retail space, construction jobs, and long-term neighborhood vitality, positioning Granada Hills for steady, infrastructure-driven growth within the larger Los Angeles economy
*Third Party Managed by Public Storage
CBRE’s Self Storage Advisory Group has been retained by ownership as the exclusive listing advisor to market the sale of Public Storage - Granada Hills. This investment opportunity consists of 547 units distributed across 61,204 net rentable square feet of ground level drive-up and interior non-climate-controlled storage space along with 5,095 net rentable square feet of uncovered parking spaces. The facility is strategically located within a rapidly growing submarket offering highly desirable demographics, with 5,025 future residential units in the development pipeline along with an existing population of 453,375 people within a 5-mile radius. This dense infill location also benefits from the strong average household incomes generated by the potential tenant base, averaging $162,122 within a 3-mile radius.
Granada Hills, California is a stable and attractive San Fernando Valley submarket supported by a diversified local economy anchored in neighborhood retail, healthcare, education, and public-sector employment, while benefiting from strong connectivity to major employment hubs across Los Angeles. The area draws workforce and housing support from nearby California State University, Northridge (CSUN), one of California’s largest universities with approximately 35,000 students, which provides a steady pipeline of educated labor and consistent rental demand. Future growth is underpinned by targeted public and private investment, including the $668 million Metro G Line (Orange Line) transit upgrade, a $274 million modernization of John F. Kennedy High School, and incremental mixed-use and residential developments along Chatsworth Street that are adding new housing, retail space, construction jobs, and long-term neighborhood vitality, positioning Granada Hills for steady, infrastructure-driven growth within the larger Los Angeles economy
*Third Party Managed by Public Storage
Property Facts
| Sale Type | Investment | Building Size | 61,204 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Self-Storage | Year Built | 1985 |
| Building Class | B | Parking Ratio | 0.38/1,000 SF |
| Lot Size | 2.70 AC | ||
| Zoning | LAOS | ||
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Self-Storage |
| Building Class | B |
| Lot Size | 2.70 AC |
| Building Size | 61,204 SF |
| No. Stories | 1 |
| Year Built | 1985 |
| Parking Ratio | 0.38/1,000 SF |
| Zoning | LAOS |
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Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2715-012-043 | Improvements Assessment | $5,262,620 CAD |
| Land Assessment | $2,693,902 CAD | Total Assessment | $7,956,522 CAD |
Property Taxes
Parcel Number
2715-012-043
Land Assessment
$2,693,902 CAD
Improvements Assessment
$5,262,620 CAD
Total Assessment
$7,956,522 CAD
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18175 Chatsworth St - Public Storage - Granada Hills
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