Listing Courtesy of: Stephen F. Watson - Keller Williams Downtown LA
$1,325,000 affordable loan icon Calculate Payment

9846 Mason Avenue Chatsworth (los Angeles), CA 91311

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Industrial Residence
Beds
Baths
720 Sq. Ft.
0.2 Acre Lot

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Last updated on 11/15/2024 5:02 PM
*MAJOR PRICE REDUCTION* Welcome to your new business venture! This prime commercial property is located in the bustling neighborhood of Chatsworth, CA, with a 7-Eleven next door and a huge retail center with many national brands like Starbucks and Jack in the Box across the street. With its high vis...ibility and heavy foot traffic, this property is the perfect place for an owner/user or development play.The property features 720 square feet of building space and an impressive 8768 square feet of lot, providing ample room for a variety of commercial uses. Additionally, the property comes with 16 parking spaces, ensuring that your customers will always have a convenient place to park.For developers, the lot is zoned LAC1 which allows for 10 units by right. It is also has a land use for fast food restaurant and drive thru with an alley abutting the lot line. If a residential development does not work, then a NNN commercial development would be perfect for an investor looking for a low risk investment.For investors, this property is an excellent opportunity to generate passive income. Currently, there is a lease in place for two more years at $3,000 a month, providing a steady stream of cash flow from day one.Whether you're starting a new business or developing the property, this prope Continue reading
MLS#
CL23271031
Property Type
Industrial
Year Built
1975
Square Feet
720 sq. ft
Lot Size
0.2

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Listing Courtesy of: Stephen F. Watson - Keller Williams Downtown LA
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361


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