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2912-2916 Foothill Blvd, Ln 9,314 SF 100% Leased Retail Building La Crescenta, CA 91214 $4,195,000 ($450.40/SF) 1.57% Cap Rate
Investment Highlights
- Three Foothill Boulevard storefronts plus alley-access spaces
- Prominent pole signage for maximum street visibility
- Strong surrounding demographics with high household income
- New roof (2023) and air conditioning systems (2024)
- 14 on-site parking spaces including one accessible stall
Executive Summary
Great owner-user building with adjacent parking striped for fourteen (14) cars including one (1) accessible space; three (3) storefronts on Foothill Boulevard totaling approximately 6,001 square feet measured by LaserTech with three (3) additional spaces o? the alley totaling approximately 3,313 square feet; new roof in 2023; new air conditioning in 2024; existing pole sign
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
9,314 SF
Building Class
B
Year Built
1926
Price
$4,195,000
Price Per SF
$450.40
Cap Rate
1.57%
NOI
$65,697
Percent Leased
100%
Building Height
1 Story
Building FAR
0.83
Lot Size
0.26 AC
Zoning
C-3 - General Commercial
Walk Score®
Very Walkable (85)
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $311,217 | |
| Land Assessment | $629,460 | Total Assessment | $940,677 |
Property Taxes
Parcel Numbers
Land Assessment
$629,460
Improvements Assessment
$311,217
Total Assessment
$940,677
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2912-2916 Foothill Blvd, Ln
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