Remarks

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.

Details

MLS#: SR24088578
Price: $3,600,000

Sq Ft: 19694.00
Year Built: 1972

County: Los Angeles