$3,750,000
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SOLD DATE : 08/11/2023
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC23043517
Sold Date 08/11/23
HOA Y/N No
Year Built 1974
Annual Tax Amount $21,899
Tax Year 2022
Property Sub-Type Industrial
Property Description
NEW PRICE! Great investment opportunity to own 18003-18009 Sierra Hwy in Canyon Country/Santa Clarita to own a 100% leased auto repair center with long term tenants and a lot of upside on rents. The property has three buildings totaling approximately 13,350 square feet. All tenants have long upstanding businesses with excellent reputations. The Sierra Highway Auto Center has 13,350 SF, of Retail space with 6 units and is 100% Leased with Long Term Tenants. Great Investment and Income opportunity with a lot of Upside. Multi-tenant, Class C Industrial building for Sale. 13,350 SQFT, 3 Building property situated on a 0.91 Acre lot located in Canyon Country. This Retail Auto Repair Center has 4 long term tenants and is 100% Leased. The Property offers a great opportunity for passive cash flow with a lot of potential for value-add opportunity, significant upside on rents or through lease-up strategies or re-positioning the asset long-term.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning SCCC
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 2802004001
Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Private Financing Available
Listing Terms Cash, Cash to New Loan, 1031 Exchange, Private Financing Available
Financing Cash
Special Listing Condition Standard
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Bought with Bob Loner Realty Executives SCV

johnherkenrath@epiquerealty.com
<a href="https://maps.app.goo.gl/pirboN7SMpBm6tb18" target="_blank">3435 E Thousand Oaks Blvd #6354, Westlake Village CA 91359 </a>







