Value Add Opportunity 2 Properties Offered at $7,750,000 in Canoga Park, CA
INVESTMENT HIGHLIGHTS
- Significant upside potential through renovations, tenant repositioning, and operational efficiencies
- Favorable zoning allows for redevelopment or expansion
- Parking lot resurfaced in 2025 + secured gated parking area
- Below-market rents offer immediate income growth
- Vacant or underutilized spaces provide additional leasing opportunities
- Flexible uses for industrial or warehouse use, featuring seven suites, each equipped with ground-level 10x8 roll-up doors
EXECUTIVE SUMMARY
IKON Properties is proud to present this value add opportunity located at 21301-21315 Saticoy St, Canoga Park, CA 91304. Unlock the potential of this versatile commercial property, offering significant upside through renovations, tenant repositioning, and operational efficiencies. With current offering rents, this property provides an immediate opportunity for income growth through property improvements and rental increases. Favorable zoning allows for redevelopment or expansion, while vacant or underutilized spaces present additional leasing opportunities to maximize returns. This property features seven flex-use spaces, each equipped with ground-level 10x8 roll-up doors, making it ideal for a variety of businesses. Don't miss this rare opportunity to invest in a premier property with tremendous upside.
Please sign NDA to access financials and marketing brochure. If you have any questions please reach out to Blas Fernandez at 818.319.9191.
Please sign NDA to access financials and marketing brochure. If you have any questions please reach out to Blas Fernandez at 818.319.9191.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | $7,750,000 |
| Price / SF | $229.34 / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 33,792 SF |
| Total Land Area | 1.71 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Saticoy Plaza
21301-21315 Saticoy St, Canoga Park, CA 91304 |
Retail | 21,940 SF | 1979 | - |
|
Saticoy Plaza
21305 Saticoy St, Canoga Park, CA 91304 |
Office | 11,852 SF | 1959 | - |
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CONTACTS
-
Blas Fernandez -
Brian Vu -
Ikon Properties
