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Investment Highlights
- Large chapel with expanded seating capacity for up to 750 attendees.
- Numerous meeting rooms and classrooms ideal for educational or community programming.
- Significant land size of approximately 4.91 acres, providing future development or repositioning opportunities.
- Multipurpose layout featuring basketball court, performance stage, and interior patio.
- Functional commercial-grade kitchen to accommodate large group events.
Executive Summary
7045 Farralone Ave in Canoga Park presents a rare opportunity to acquire a large single-story religious and community facility with an expansive floor plan designed for both congregational and multipurpose use. The property’s main feature is a substantial chapel capable of accommodating up to 750 people, complemented by supporting spaces such as numerous meeting rooms, classrooms, and a commercial-grade kitchen. Additionally, the structure includes a performance stage, a basketball court, and an interior patio area, creating a versatile environment for gatherings, events, and community programming.
Situated on approximately 4.91 acres, the asset also offers redevelopment potential for residential or alternative commercial uses, supported by the expansive parcel size and desirable location. Its accessibility and proximity to major transportation corridors make it a compelling option for long-term institutional occupancy or adaptive reuse.
Situated on approximately 4.91 acres, the asset also offers redevelopment potential for residential or alternative commercial uses, supported by the expansive parcel size and desirable location. Its accessibility and proximity to major transportation corridors make it a compelling option for long-term institutional occupancy or adaptive reuse.
Property Facts
| Price | $13,227,502 CAD | Lot Size | 4.91 AC |
| Price Per SF | $501.67 CAD | Building Size | 26,367 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1960 |
| Property Subtype | Religious Facility | Tenancy | Single |
| Building Class | B | Parking Ratio | 10.62/1,000 SF |
| Zoning | RA & R1 - 3.74 acres is zoned “RA” SUBURBAN ZONE; 0.7 acre is zoned “R1” ONE-FAMILY ZONE; 0.42 acre is unzoned and part of prior public street. | ||
| Price | $13,227,502 CAD |
| Price Per SF | $501.67 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Religious Facility |
| Building Class | B |
| Lot Size | 4.91 AC |
| Building Size | 26,367 SF |
| No. Stories | 1 |
| Year Built | 1960 |
| Tenancy | Single |
| Parking Ratio | 10.62/1,000 SF |
| Zoning | RA & R1 - 3.74 acres is zoned “RA” SUBURBAN ZONE; 0.7 acre is zoned “R1” ONE-FAMILY ZONE; 0.42 acre is unzoned and part of prior public street. |
Amenities
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,418,752 CAD | |
| Land Assessment | $9,931,263 CAD | Total Assessment | $11,350,015 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$9,931,263 CAD
Improvements Assessment
$1,418,752 CAD
Total Assessment
$11,350,015 CAD
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7045 Farralone Ave
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