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- LoopNet Team
7217-7221 Reseda Blvd
Reseda, CA 91335
PRICE REDUCTION - Reseda Multi-Tenant Retail · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Bus Line
ABOUT 7217-7221 RESEDA BLVD , RESEDA, CA 91335
STABLE AND SECURE INCOME STREAM 100% occupied property NNN Leases Rental Increases Seasoned tenant mix with 5-year average length of occupancy Significant upside potential in bringing current leases to market rents Excellent signage with extra income generated from the billboard EXCELLENT SFV LOCATION Ideally located just South of the northwest signalized corner of Reseda Boulevard and Sherman Way Highly walkable location with heavy foot traffic with a walk score of 83/100 (very walkable) 75 feet of frontage on Reseda Boulevard Land is zoned C2 Tier 2 TOC EXCELLENT OWNER-USER OPPORTUNITY 48% of the current leases are month-to-month A Buyer can occupy a portion of the property and benefit from cash flow from the other units and billboard
PROPERTY TAXES
| Parcel Number | 2118-029-025 | Improvements Assessment | $517,193 |
| Land Assessment | $621,864 | Total Assessment | $1,139,057 |
PROPERTY TAXES
