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Office Medical

7257 Owensmouth Ave

7257 Owensmouth Ave, Los Angeles, CA 91303

Listing Price: $2,350,000

Cap Rate
5.59%
Gross SF
3,659
Rentable SF
3,659
Price/Gross SF
$642.25
Occupancy
80.0%
Year Built
1955
Lot Size
0.17 acres

Investment Overview

Marcus & Millichap is pleased to present a medical office property at 7257 Owensmouth Ave in Canoga Park, CA. Both tenants on month to month leases and the third largest unit is currently vacant. The property is 3,659 square feet of building on 7,500 square feet of land. 7257 Owensmouth is at the signalized corner of Wyandotte St and Owensmouth Ave. There is ample parking behind the property making it convenient for businesses to serve their clients. The property is ideal for a medical practice or dental office. Both tenants are on month to month leases offering an owner/user or investor complete flexibility. The property is within minutes of Warner Center, the Westfield Topanga Mall, and the Promenade Mall. The Warner Center 2035 (WC2035) Specific Plan was created to encourage development and be a guide to shaping Warner Center as both a transit and pedestrian oriented community. The Plan provides a comprehensive and clear process to allow development to occur in order to facilitate the creation of a regional center where people can live, work, and play.

Investment Highlights

  • Signalized Corner
  • On Site Parking
  • Within Minutes from Major Retail Malls

Exclusively Listed By

Listing Price: $2,350,000

Cap Rate
5.59%
Gross SF
3,659
Rentable SF
3,659
Price/Gross SF
$642.25
Occupancy
80.0%
Year Built
1955
Lot Size
0.17 acres

Investment Highlights

  • Signalized Corner
  • On Site Parking
  • Within Minutes from Major Retail Malls

Investment Overview

Marcus & Millichap is pleased to present a medical office property at 7257 Owensmouth Ave in Canoga Park, CA. Both tenants on month to month leases and the third largest unit is currently vacant. The property is 3,659 square feet of building on 7,500 square feet of land. 7257 Owensmouth is at the signalized corner of Wyandotte St and Owensmouth Ave. There is ample parking behind the property making it convenient for businesses to serve their clients. The property is ideal for a medical practice or dental office. Both tenants are on month to month leases offering an owner/user or investor complete flexibility. The property is within minutes of Warner Center, the Westfield Topanga Mall, and the Promenade Mall. The Warner Center 2035 (WC2035) Specific Plan was created to encourage development and be a guide to shaping Warner Center as both a transit and pedestrian oriented community. The Plan provides a comprehensive and clear process to allow development to occur in order to facilitate the creation of a regional center where people can live, work, and play.

Exclusively Listed By

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