7631 Alabama Ave
Canoga Park, CA 91304
Industrial Property For Sale
Property Facts
| Property Type | Industrial | No. Stories | 1 |
| Property Subtype | Warehouse | Year Built | 1963 |
| Building Class | B | Parking Ratio | 2.23/1,000 SF |
| Lot Size | 0.57 AC | Clear Ceiling Height | 15’ |
| Rentable Building Area | 13,440 SF | No. Drive In / Grade-Level Doors | 5 |
| Zoning | MR1 - Tenant to verify zoning | ||
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 0.57 AC |
| Rentable Building Area | 13,440 SF |
| No. Stories | 1 |
| Year Built | 1963 |
| Parking Ratio | 2.23/1,000 SF |
| Clear Ceiling Height | 15’ |
| No. Drive In / Grade-Level Doors | 5 |
| Zoning | MR1 - Tenant to verify zoning |
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Yard
- Air Conditioning
About 7631 ALABAMA AVE , CANOGA PARK, CA 91304
KW Commercial is pleased to represent the 5 suite industrial building located in the heart of Canoga Park's Industrial and Commercial district. The property is concrete block construction with no deferred maintenance, totaling 13,440 sqft of rentable space on 24,625 sqft of land. It is zoned LAMR-1 and is located at the end of the Alabama Ave cul-de-sac with a gated and secured parking for the tenants. Tenants enjoy 30 onsite parking spaces, all suites have drive in / grade level doors, each unit has their own bathroom and have a 13' to 15' ceiling height. All leases are Modified Gross leases with landlord reasonable for tax and property insurance with suites all separately metered for all utilities. The current rents are over 40% under market for the area, immediate upside with 2 tenants on month to month leases and others with terms expiring in April 2020 , October 2018, and December 2020. An astute investor will take advantage of the tremendous upside in rents on this property.
Property Taxes
| Parcel Number | 2110-021-003 | Improvements Assessment | $1,144,520 |
| Land Assessment | $1,561,724 | Total Assessment | $2,706,244 |
Property Taxes
