property-detail

property-detail

property-detail

property-detail

property-detail

property-detail

21824 DEVONSHIRE, Chatsworth CA 91311 | $1,600,000

Status: Active
  • bedrooms
  • bathrooms
  • 0 Sq Ft
  • 12498 Lot Sq Ft
  • Type: Lots/Land
  • Stories:
  • Year Built:
  • MLS#: 302522883
  • Community:

Listing provided courtesy of Neema Ahadian of Marcus & Millichap. Last updated 2020-05-21 09:16:45.000000. Listing information © 2020 Sandicor.

Built in 1956, this property consists of roughly 7,000 SF of retail divided into 4 units and is located one block from the intersection of Devonshire Street & Topanga Canyon Boulevard.This offering presents the investor an ideal value-add opportunity with potential for redevelopment. With one vacancy and three current month-to-month tenants, retail market rents can be achieved immediately with a pro forma CAP rate of 6.95% at the asking price.The lot is 12,498 SF zoned {Q}C2-2D in a Tier 1 TOC. Chatsworth

More Details

0.29 Acres

Call or Text: 619-568-2600

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