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Autobody with Spray Booth, 6 x FAR Dev Bonus 7345 Canby Ave 12,779 sq ft Retail Property Reseda, CA 91335 £4,857,450 (£380.11/sq ft)
INVESTMENT HIGHLIGHTS
- Existing Autobody with Permitted Spray Booth – MTM Tenant.
- Zoning allows for up to 10 Story Construction.
- 1 Block Parallel from Amenity Rich Reseda Blvd with easy access to all Amenities and Restaurants.
- 6 x FAR – 24,203 SF Corner Lot With Alley.
- Across from CVS, Restaurants & Coffee Shops.
EXECUTIVE SUMMARY
PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION:
OFFERING SUMMARY: 7345 Canby Ave in the city of Reseda offers either an owner-user an existing autobody with permitted spray booth or offers a developer a 24,203 SF corner lot with an alley 1 block parallel to Reseda Blvd. The zoning allows for up to 10 story construction. With a walkscore of 83 out of 100 and located just North of Sherman Way the property offers easy access to 13 restaurants within 0.25 miles, 9 grocers within 0.5 miles and 12 schools within 1 mile and walking access to all other amenities. Public transportation is convenient with 7 bus stops within 2 blocks. Centrally located with easy access to 3 freeways (101, 405 & 118) residents can easily access all parts of Los Angeles.
DEMOGRAPHICS: Dense location in need of housing. Over 42k residents within 1 mile and over 244k residents within 3 miles. Average Household Income of $89k within 1 mile and over $102k within 3 miles
PRICE: $6,500,000: 12,779 SF Buildable on 24,203 SF of Land
OFFERING SUMMARY: 7345 Canby Ave in the city of Reseda offers either an owner-user an existing autobody with permitted spray booth or offers a developer a 24,203 SF corner lot with an alley 1 block parallel to Reseda Blvd. The zoning allows for up to 10 story construction. With a walkscore of 83 out of 100 and located just North of Sherman Way the property offers easy access to 13 restaurants within 0.25 miles, 9 grocers within 0.5 miles and 12 schools within 1 mile and walking access to all other amenities. Public transportation is convenient with 7 bus stops within 2 blocks. Centrally located with easy access to 3 freeways (101, 405 & 118) residents can easily access all parts of Los Angeles.
DEMOGRAPHICS: Dense location in need of housing. Over 42k residents within 1 mile and over 244k residents within 3 miles. Average Household Income of $89k within 1 mile and over $102k within 3 miles
PRICE: $6,500,000: 12,779 SF Buildable on 24,203 SF of Land
PROPERTY FACTS
Sale Type
Investment or Owner Occupier
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Property Size
12,779 sq ft
Costar Property Class
C
Year Built
1977
Price
£4,857,450
Price per sq ft
£380.11
Tenancy
Single
Number of Floors
1
Plot ratio
0.52
Total Plot Size
0.56 ac
Use Class
LAC2
AMENITIES
- Corner Lot
Walk Score®
Easily Walkable (84)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2119-019-026 | Improvements Assessment | £201,965 |
| Land Assessment | £1,063,015 | Total Assessment | £1,264,981 |
PROPERTY TAXES
Parcel Number
2119-019-026
Land Assessment
£1,063,015
Improvements Assessment
£201,965
Total Assessment
£1,264,981
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Autobody with Spray Booth, 6 x FAR Dev Bonus | 7345 Canby Ave
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