6616 Reseda Boulevard
Reseda, CA 91335
MLS #SR16118102

Commercial
  • 2,960sq ft
Pending Sale $1,699,000
Est. P&I payment: $6489.03/mo
6616 Reseda Boulevard, Reseda, CA 91335
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 1
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 2
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 3
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 4
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 5
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 6
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 7
  • 6616 Reseda Boulevard, Reseda, CA 91335 Photo 8
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Description for 6616 Reseda Boulevard, Reseda, CA 91335
This is a life time hard to find opportunity to own a well located free standing commercial/retail/automotive property on one of the busiest street in heart of San Fernando Valley with tremendous upside potential!!! **Highlights** *Prime corner zoned LAC2 Lot with good 2 sides access & ample street parking *Next to park, Reseda High school, church and right across from recent Approved six-story Mix-Use project *Great development potential to build strip center, Units / Condos, mix- use retail / Apartment, Senior Living Housing or just leave it the way it is for Auto repair&body shop, Auto sales&parts and many other options related to auto industry. *Income generated from single tenant plus billboard with increase while getting permit & Plan approved. *Enviromental Report is done and cleared and available upon request.
MLS #SR16118102
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My Notes for MLS #SR16118102

General Features

  • Building Status: Existing
  • Land Use: Retail
  • Number Of Buildings: 1
  • Number Of Units Leased: 1
  • Property SubType: Retail
  • Property Type: Commercial Sale
  • Year Built: 1964
  • Zoning: LAC2

Exterior Features

  • Construction Materials: Concrete
  • Fence YN: 1
  • Stories Total: 1

Interior Features

    Utility Features

    • Cooling YN: 1
    • Water Source: Public

    Financial Features

    • Accounting Type: Actual
    • AssetClass: Retail
    • CapRate: 4
    • Gross Scheduled Income: 76,500
    • Investment Property YN: 1
    • Price Per Lot SqFt: 97.74
    • Price Per SqFt: 573.99

    Miscellaneous Features

    • Additional Parcels YN: 1
    • Additional Parcels Description: 2125-013-011
    • Building Area Total: 2,960
    • Days On Market: 81
    • Lot Size Source: Assessor
    • Special Listing Conditions: Standard

    Location

     
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    Directions to 6616 Reseda Boulevard, Reseda, CA 91335
    On Reseda Blvd , Between Victory & Vanowen Cross Streets: Kittridge & Reseda
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    P&I Payment $6489.03
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    Please Note: All information in this site is deemed reliable but not guaranteed. The property information provided on EXIT Alliance Realty's websites is for personal, non-commercial use only and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Property information is gathered from third-party resources including the seller and public records. EXIT Alliance Realty, Onjax, LLC, its affiliates, owners, subsidiaries and subscribers disclaim any and all representations or warranties as to the accuracy or reliability of the information provided. You should verify all claims through personal inspection and/or contact with the appropriate real estate professionals.
    Last Updated 09/21/2017 at 8:43am
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