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7118-7122 Reseda Blvd 6,685 SF 100% Leased Retail Building Reseda, CA 91335 $3,571,672 CAD ($534.28 CAD/SF) 1.70% Cap Rate
Executive Summary
This sale offers an owner-user/investor opportunity to purchase a well-located retail/commercial property with tremendous upside potential on busy Reseda Boulevard!!!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,685 SF
Building Class
C
Year Built
1931
Price
$3,571,672 CAD
Price Per SF
$534.28 CAD
Cap Rate
1.70%
NOI
$60,581 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.95
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
LA-C2 - Commercial
Parking
8 Spaces (2.39 Spaces per 1,000 SF Leased)
Frontage
64’ on Reseda Blvd
Amenities
- Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2125-001-018 | Improvements Assessment | $436,219 CAD |
| Land Assessment | $594,847 CAD | Total Assessment | $1,031,066 CAD |
Property Taxes
Parcel Number
2125-001-018
Land Assessment
$594,847 CAD
Improvements Assessment
$436,219 CAD
Total Assessment
$1,031,066 CAD
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7118-7122 Reseda Blvd
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