Short Sale
Address
7634 Vineland Ave Sun Valley, CA
Price
$ 4,999,999
Property Attributes
  • MLS#DW20179881
  • TypeCommercial
  • CountyLOS ANGELES
  • CitySun Valley
  • AreaSun Valley
  • Zip91352
  • StyleMixed Use
  • Price$ 4,999,999
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20854
Listing Provided Courtesy Of:
Reyes Mejia with Realty Group Advisors.
Property Description

Vineland Commercial Plaza is an urban infill, newly constructed, mixed-use: retail+office, commercial building leased to a mix of local internet-resistant operators. The investment consists of a two-story, multi-tenant commercial building approx 20,854 SF situated on 0.99 AC with 64 parking spaces (3.07 parking spaces per 1,000 SF) in front, side, and rear of the building. Investors stand to benefit from flexible, C2-zoning, allowing a wide variety of commercial uses as for Law firms, Accounting Tax Services, Insurance firms, Healthcare, Community, Edu Academy's + administrative + clinical uses. Vineland Commercial Plaza is priced at $5,000,000, with 28.3% of the building currently leased as -/+8,827 of ground-floor retail, including -/+6,126 of office on the second floor remain available for lease-up at current market levels. With those units assumed at full occupancy, the cap rate is 5.98%. The opportunity represents a value-added, well-appointed, commercial building with historically very high occupancy in a strong submarket.

Price History
8/31/2020 Listed $4,999,999

General Features

Directions West from 5 Fwy, east from sticoy st
Heating Central
Listagentaor Downey
Listing Agent Reyes Mejia - BRE#01868073
Listing Agent State License 01868073
MLS Area SUNV - Sun Valley
Price Per Square Foot 239.76
Property SubType Mixed Use
Property Type Commercial Sale
Source System CRMLS
Special Listing Conditions Short Sale

Interior Features

Air Conditioning Y/N Yes
Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features None

Exterior Features

Building Area Total 20854.00
Land Use Office, Retail
Number of Buildings 1
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 91352

Price
AVG $910K
$5M
Visits
AVG 30
67
Year Built
AVG 1975
2015
Walkscore
AVG 50
59
Data Provided by Walkscore ® not using MLS data

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