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Office Vacant-User

20941-20945 Devonshire St

20941-20945 Devonshire St, Chatsworth, CA 91311

Listing Price: $4,200,000

Cap Rate
5.18%
Gross SF
15,286
Rentable SF
15,286
Price/Gross SF
$274.76
Lot Size
0.42 acres
Year Built
1981

Investment Overview

Chatsworth is a city in Los Angeles County, California, United States, located in the west part of the San Fernando Valley. Chatsworth borders on the hills that make up the north edge of the valley. It is next to West Hills, Canoga Park and Northridge. It has a generally young age rage, as well as the highest population density in the Valley. The Several firms have notable presences, including medical device manufacturer Medtronic, which occupies half a million SF in Northridge; MGA Entertainment, the maker of Bratz Dolls, with over 250,000 SF in Chatsworth; and Quest Diagnostics, with 150,000 SF in West Hills. Approximately 2.5 million people reside in the San Fernando Valley. The areas population is expected to increase by 36,000 residents through 2023. Many people are attracted by the regions more affordable home prices. Known for its entertainment industry, the Valley boasts more than 100 soundstages. Entertainment giants calling the Valley home include Walt Disney Co., Universal Studios, Warner Brothers, DreamWorks and Paramount Ranch. Aerospace giants Boeing and Northrop Grumman as well as 21st Century Insurance generate numerous well-paying jobs. Healthcare is also a major source of employment and providers here include Kaiser Permanente and Providence Health & Services. As a result of its large concentration of high salaries and successful companies, household incomes are above the national average.

Investment Highlights

  • Quiet lushly landscaped court yard
  • Great signage potential for an anchor-tenant
  • Main Street and rear parking Entrances
  • Renovated in 2016
  • 3-mile population of over 113,301
  • Very Walkable/Chatsworth Commuter Rail (Ventura County Line) is only 3 minutes away

Exclusively Listed By

Office Vacant-User

20941-20945 Devonshire St

Listing Price: $4,200,000

Cap Rate
5.18%
Gross SF
15,286
Rentable SF
15,286
Price/Gross SF
$274.76
Lot Size
0.42 acres
Year Built
1981

Investment Highlights

  • Quiet lushly landscaped court yard
  • Great signage potential for an anchor-tenant
  • Main Street and rear parking Entrances
  • Renovated in 2016
  • 3-mile population of over 113,301
  • Very Walkable/Chatsworth Commuter Rail (Ventura County Line) is only 3 minutes away

Investment Overview

Chatsworth is a city in Los Angeles County, California, United States, located in the west part of the San Fernando Valley. Chatsworth borders on the hills that make up the north edge of the valley. It is next to West Hills, Canoga Park and Northridge. It has a generally young age rage, as well as the highest population density in the Valley. The Several firms have notable presences, including medical device manufacturer Medtronic, which occupies half a million SF in Northridge; MGA Entertainment, the maker of Bratz Dolls, with over 250,000 SF in Chatsworth; and Quest Diagnostics, with 150,000 SF in West Hills. Approximately 2.5 million people reside in the San Fernando Valley. The areas population is expected to increase by 36,000 residents through 2023. Many people are attracted by the regions more affordable home prices. Known for its entertainment industry, the Valley boasts more than 100 soundstages. Entertainment giants calling the Valley home include Walt Disney Co., Universal Studios, Warner Brothers, DreamWorks and Paramount Ranch. Aerospace giants Boeing and Northrop Grumman as well as 21st Century Insurance generate numerous well-paying jobs. Healthcare is also a major source of employment and providers here include Kaiser Permanente and Providence Health & Services. As a result of its large concentration of high salaries and successful companies, household incomes are above the national average.

Exclusively Listed By

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