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Investment Highlights
- Extremely Rare Opportunity to Own a Small Freestanding Warehouse in the West SFV
- 12 FT Clearance | 400 Amp Power
- Gated and Secure Private Yard | Large Ground Level Loading Door
- Heavy MR2 Industrial Zoning | Wide Array of Potential Uses
- Remodeled Office and Restrooms | Ready for Further Customization
Executive Summary
Marcus & Millichap is pleased to present for sale 20908 Itasca Street, a freestanding owner-user industrial property located in the highly desirable Chatsworth submarket. The property consists of approximately 3,520 square feet of building improvements situated on a 0.15-acre MR2-zoned parcel and will be delivered vacant at the close of escrow, allowing an owner-user to immediately occupy the property.
The building features a functional 12-foot clear-span warehouse, 400-amp power, one grade-level loading door, remodeled office space and restrooms, and a secured, gated parking lot. The layout and infrastructure are well-suited for a wide range of industrial users seeking efficient operations in a tight infill market.
This offering presents a rare opportunity for an owner-user to acquire and control their real estate in one of the San Fernando Valley’s most supply-constrained industrial submarkets, where vacancy remains extremely limited and replacement costs continue to rise. Attractive SBA financing with up to 90% loan-to-value is available for qualified buyers, significantly reducing the required equity and enabling users to lock in long-term occupancy at favorable terms.
The building features a functional 12-foot clear-span warehouse, 400-amp power, one grade-level loading door, remodeled office space and restrooms, and a secured, gated parking lot. The layout and infrastructure are well-suited for a wide range of industrial users seeking efficient operations in a tight infill market.
This offering presents a rare opportunity for an owner-user to acquire and control their real estate in one of the San Fernando Valley’s most supply-constrained industrial submarkets, where vacancy remains extremely limited and replacement costs continue to rise. Attractive SBA financing with up to 90% loan-to-value is available for qualified buyers, significantly reducing the required equity and enabling users to lock in long-term occupancy at favorable terms.
Property Facts
| Price | $1,635,000 | Rentable Building Area | 3,520 SF |
| Price Per SF | $464.49 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1966 |
| Property Type | Flex | Tenancy | Single |
| Property Subtype | Light Manufacturing | Parking Ratio | 2.77/1,000 SF |
| Building Class | C | Clear Ceiling Height | 12’ |
| Lot Size | 0.15 AC | No. Drive In / Grade-Level Doors | 1 |
| Zoning | LAMR2 | ||
| Price | $1,635,000 |
| Price Per SF | $464.49 |
| Sale Type | Investment or Owner User |
| Property Type | Flex |
| Property Subtype | Light Manufacturing |
| Building Class | C |
| Lot Size | 0.15 AC |
| Rentable Building Area | 3,520 SF |
| No. Stories | 1 |
| Year Built | 1966 |
| Tenancy | Single |
| Parking Ratio | 2.77/1,000 SF |
| Clear Ceiling Height | 12’ |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | LAMR2 |
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Ayus & Co Inc
- Public Administration
- -
- -
- -
- Rapid Refrigeration Co Inc
- Construction
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Ayus & Co Inc | Public Administration | - | - | - | ||
| Rapid Refrigeration Co Inc | Construction | - | - | - |
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Property Taxes
| Parcel Number | 2746-007-008 | Improvements Assessment | $295,833 |
| Land Assessment | $455,130 | Total Assessment | $750,963 |
Property Taxes
Parcel Number
2746-007-008
Land Assessment
$455,130
Improvements Assessment
$295,833
Total Assessment
$750,963
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20908 Itasca St
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