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Key Details
Sold Price $620,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR16199737
Sold Date 01/22/17
HOA Y/N No
Year Built 1969
Property Description
Rare find freestanding 1-story 1700 sq ft(remodeled 2 years ago) restaurant building (45 seatings)on 8,074 sq ft(96'x 85') level lot, First time on the market since July,2000.Great opportunity for owner/user or investor. just half a block from major intersection of De Soto Ave, & Nordhoff St in the west San Fernando Valley. EZ ingress/egress on 96'Wide frontage( stripped for 15 parking stalls with 1 handicapped)and lighted pole signs on De Soto in addition to signs on building.The subject is located across from Aerojet/Rocketdyne complex and newly developed Chatsworth Commerce Center--consist of R&D industrial buildings on Nordhoff St. west of Lurline St and retail buildings east of De Soto Ave, including El Pollo Loco, Farmerboy Burgers and satellite stores-Yogurt Land, To Go Sandwich, Salad Town & Nail Lounge etc.The current tenant is Mr. Stir Fry Chinese fast food (formally Dragon Wok)lease can be bought out at very nominal price. Buyer to co-op with Seller's IRC 1031 tax deferred exchange. Seller is very motivated.
Location
State CA
County Los Angeles
Area Cp - Canoga Park
Zoning P
Interior
Heating Forced Air
Cooling Central Air, Evaporative Cooling
Fireplace No
Building
Lot Description 0-1 Unit/Acre, Level
Story 1
Water Public
Others
Senior Community No
Tax ID 2779001035
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Frank Hung • American Home Realty
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