Canoga Park, CA 91304,9029 De Soto AVE
$620,000
Est. payment /mo
$699,000
11.3%
Est.Price: ?

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SOLD DATE : 01/22/2017

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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California Regional MLS (CRMLS)
Listed by Frank Hung • American Home Realty
Bought with Frank Hung • American Home Realty

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Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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