$182.80 Per Sq Foot $19,326 est/mo Sourced by Back At You

8345 Reseda Boulevard,Northridge, CA 91324

Northridge CA, 91324

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Description

Huge Price Reduction! Reseda Roscoe Professional Building is a 19,694 medical/office building located at 8345 Reseda Blvd., in Northridge, CA, within the San Fernando Valley designated market area. This asset is a great owner/user opportunity and also gives investors the opportunity to purchase at a huge value add opportunity through soft repositioning and long term leasing strategies. Originally built in 1972, the Property contains a multi-tenant office building, consisting of 24 office and medical spaces, situated on 0.59 acres with 39 surface parking spaces. Centrally located between the 118 fwy (4.5 miles) and the 101 fwy (3.5 miles) providing easy access for clients and patients throughout the greater Los Angeles area. The building is centrally located between the highly affluent areas of Sherwood Forest, Tarzana, Chatsworth and Porter Ranch. Reseda Roscoe Professional Building offers a significant value add via adaptive re-use with the possibility to convert to restaurant (RPBA Eligible Area). Reseda Roscoe Professional Building benefits from its location within a SBA Hub Zone.

Details

MLS#SR24088578
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusPending
Year1972
Days On Site24
Listing Provided BySunset Group Realty 818-869-2080 | Edward Romero

Features

SQ Feet19,694
Story(s)2
Building(s)1
Acreage0.59

Market Activity 91324

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyLos Angeles
CityNorthridge
Zip Code91324
AreaNR Northridge
Listing VS Median (in 91324)
Price:
$3,600,000
low | high
Med:
$828,000
100% of Average
SqFt:
19,694
low | high
Med:
1,895
100% of Average
$ / SqFt:
$183
low | high
Med:
$437
89.030079155673% of Average
On Site:
24
low | high
Med:
51.000000
47.058823529412% of Average
Sourced by Back At You
Listing Updated: May 2, 2024 at 9:25:14 PM PDT