7861 Foothill Blvd, Sunland

  • $1,995,000
7861 Foothill Blvd, Sunland, CA 91040, USA
Sold

7861 Foothill Blvd, Sunland

7861 Foothill Blvd, Sunland, CA 91040, USA
  • $1,995,000

Overview

Property ID: HZ2556-029-012
  • Building, Commercial
  • Property Type
  • 5825
  • Sq Ft
  • 1950
  • Year Built

Description

The offering includes a structure measuring 5,825 square feet as per the assessor’s records, but it also comes with an additional covered parking area spanning 1,000 square feet. This property boasts excellent visibility, situated with 151 feet of frontage along the bustling Foothill Blvd, where more than 27,000 vehicles pass by each day! Notably, this property comprises TWO distinct addresses, a significant advantage for an owner-user interested in occupying one portion while leasing out the other. With its versatile zoning, it is suitable for both retail and office purposes, offering remarkable potential for growth and profitability.

The existing use for this property is “retail” and falls within the “local emergency temporary regulations plan.” It is eligible for SBA financing, providing owner-users with an opportunity to take advantage of a low down payment.

The ownership has made significant upgrades to the property, including installing a new 600 amp – 3 phase electrical panel (approximately 5 years old), brand-new flooring, freshly applied paint, new lighting fixtures, the addition of two new skylights, modernized bathrooms, and the replacement of the roof about 5 years ago.

Furthermore, the property offers convenient access with a ground-level loading door accessible from the adjacent alley. This versatile space lends itself well to various business uses, such as a children’s playground, furniture showroom, pharmacy, home health services, appliance store, and more.

Subject property is also equipped with a type 9 delivery license ready to go. Sell Cannabis goods to customers exclusively through delivery. Ideal for investors or users looking to break into the cannabis industry.

Asking price for the license is $200,000.00. Property comes with a temperature controlled room for inventory storage, wired security cameras throughout the property, and a backside customer delivery point. Buyer to do their own due diligence after purchase of license to ensure the facility is compliant with Department of Cannabis Control Compliance.

No guarantee, warranty or representation of any kind is made regarding the accuracy of descriptions or measurements. Buyer & Buyer’s Agent to do their own due diligence and independently verify square footage, property condition, measurements, zoning, building configuration & components.

  • Address 7861 Foothill Blvd, Sunland, CA 91040, USA
  • City Los Angeles
  • State/county California
  • Zip/Postal Code 91040
  • Area Sunland
  • Country United States

Details

Updated on May 22, 2024 at 10:13 pm
  • Property ID: HZ2556-029-012
  • Price: $1,995,000
  • Property Size: 5825 Sq Ft
  • Land Area: 6518 Sq Ft
  • Year Built: 1950
  • Property Type: Building, Commercial
  • Property Status: Sold

Additional details

  • Property Type: Commercial
  • Zoning: C2-1VL
  • Use Code: Retail Store

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Edgar Matevosian

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Edgar Matevosian
  • Edgar Matevosian