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17020 Chatsworth St
Granada Hills, CA 91344
Retail Property For Sale
Property Facts
Property Type
Retail
Building Size
43,017 SF
Building Class
C
Year Built
1959
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
2.97 AC
Zoning
LAC1 - Limited Commercial Local Retail Stores < 100,000 sq-ft, Offices or Businesses, Hotels, Hospitals and/or Clinics, Parking Areas, CR Uses
Parking
125 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
200’ on Chatsworth St
Amenities
- Pylon Sign
- Signage
- Air Conditioning
About 17020 CHATSWORTH ST , GRANADA HILLS, CA 91344
The subject property consists of a single story 99 Cent Only Store along with a two story multi-tenant retail / office building. The property is located on a corner and enjoys an open parking lot contiguous to the Staples and Walgreen’s shopping center immediately adjacent. The Subject Property also benefits from excellent visibility, good parking, and strong historical occupancy rates. Currently rents are very low, with an average rent per sq. ft. of only $1.49 per sq. ft. GROSS. By increasing rents to market levels, the investor will realize substantial upside in this investment. Dry cleaner tenant installed the plant within the last four years with stringent regulation and oversight. Previous to that it was an dry cleaner agency only.
Property Taxes
| Parcel Number | 2695-001-013 | Improvements Assessment | $6,730,360 |
| Land Assessment | $12,018,504 | Total Assessment | $18,748,864 |
Property Taxes
Parcel Number
2695-001-013
Land Assessment
$12,018,504
Improvements Assessment
$6,730,360
Total Assessment
$18,748,864
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