Listing IDSR22259004
Price$4,000,000$999K
Price/SqFt$203.11
StatusActive
SqFt
19,694
CountyLos Angeles
Year Built1972
Property TypeCommercial Sale
Property Sub TypeOffice
Huge Price Reduction! Reseda Roscoe Professional Building is a 19,694 medical/office building located at 8345 Reseda Blvd., in Northridge, CA, within the San Fernando Valley designated market area. This asset is a great owner/user opportunity and also gives investors the opportunity to purchase at a huge value add
opportunity through soft repositioning and long term leasing strategies. Originally built in 1972, the Property contains a multi-tenant office building,
consisting of 24 office and medical spaces, situated on 0.59 acres with 39 surface parking spaces. Centrally located between the 118 fwy (4.5 miles)
and the 101 fwy (3.5 miles) providing easy access for clients and patients throughout the greater Los Angeles area. The building is centrally located
between the highly affluent areas of Sherwood Forest, Tarzana, Chatsworth and Porter Ranch. Reseda Roscoe Professional Building offers a significant value add via adaptive re-use with the possibility to convert to restaurant (RPBA Eligible Area). Reseda Roscoe Professional Building benefits from its
location within a SBA Hub Zone.
County
Los Angeles
Price Before Reduction
4999000
Price Reduction Date
2023-08-20T17:38:26+00:00
Price/SqFt
203.11
Property Sub Type
Office
Property Type
Commercial Sale
Year Built
1972
Building Area Units
Square Feet
Condo Area Units
Square Feet
Laundry Features
None
Construction Materials
Stucco
Lot Size Source
Assessor
Minimum Total Area Units
Square Feet
Number Of Buildings
1
Roof
Flat
Water Source
Public
Country
US
MLS Area Major
NR - Northridge
Additional Parcels
no
Building Status
Existing
Days On Market
442
Land Use
Office, Other
List Agent State License
01308266
List Office State License
01927988
Max Total Area Units
Square Feet
Parcel Number
2785018006
Utilities
Electricity Connected, Sewer Connected
Special Listing Conditions
Standard
© 2024. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Any correspondence from IDX pages are routed to Telford Real Estate Inc or one of their associates. Last updated Thursday, March 28th, 2024.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Based on information from CARETS as of Thursday, March 28th, 2024 01:20:37 PM. The information being provided by CARETS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, i-Tech MLS, PSRMLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Any property information referenced on this website comes from the Internet Data Exchange (IDX) program of CRISNet MLS and/or CARETS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Similar Listings
Contact - Listing ID SR22259004
Nancy Telford
Data services provided by IDX Broker