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18127 Parthenia Street Northridge, CA 91325
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Key Details
Sold Price $865,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID V1-19039
Sold Date 05/29/24
Year Built 1952
Lot Size 6,079 Sqft
Property Description
PROPERTY IS BACK ON MARKET - BUYER DID NOT PERFORM. Bring offers subject to cancellation of current escrow.
Welcome to your new business venture! This prime commercial property is located in the bustling neighborhood of Northridge, CA, with many restaurants surrounding the area and in a sweet spot of residential and business spaces. With its high visibility and heavy foot traffic, this property is the perfect place for an owner/tenant office play.The property features 1710 square feet of building space and an impressive 6078 square feet of lot, providing ample room for a variety of commercial uses. Additionally, the property comes with several parking spaces, ensuring that your customers will always have a convenient place to park. For developers, the lot is zoned LAM1 which allows for 10 units by right. If a residential development does not work, then a NNN commercial development would be perfect for an investor looking for a low risk investment - an excellent opportunity to generate passive income. Potentially providing a steady stream of cash flow from day one. Whether you're starting a new business or developing the property, this property offers endless possibilities. It's suitable for a wide range of businesses, including office, retail, manufacture, residential, or other commercial developments. With a little bit of creativity, you can turn this location into the business of your dreams.
Location
State CA
County Los Angeles
Zoning LAMR1
Interior
Heating Central
Cooling Central Air
Laundry Inside
Exterior
Utilities Available Sewer Connected, Electricity Connected, Natural Gas Connected, Phone Connected
Building
Lot Description Sprinklers None
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