Overview

Description

Incredible opportunity for owner user or developer! Well maintained office on 0.47 AC land. Qualified owner users seeking to occupy the property with their business can take advantage of SBA financing with as little as 10% down payment. Property is currently 83% occupied with tenants on month to month leases, giving maximum flexibility. Developers can build 51 units by right on the C2 lot, or over 80 units with Tier 3 TOC density bonuses. Additional tax benefits from Opportunity Zone.

Incredible location near the corner of Owensmouth and Sherman Way. Asset enjoys close proximity to the Woodland Hills Warner Center. Located within a Tier 3 TOC and Qualified Opportunity Zon

Highlights

• 13,363 SF Owner User Office with 25 Parking Spaces
• Currently 83% Leased on MTM Leases
• C2 Lot with Excellent Redevelopment Potential
• Tier 3 TOC and Qualified Opportunity Zone
• Incredible Canoga Park Location
• Adjacent to New Developments and Warner Center
• Near Corner of Owensmouth and Sherman Way

Documents

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