18009 Sierra HWY, Canyon Country, CA 91351
$2,800,000
$3,750,000
25.3%
Est.Price: ?

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0.91 Acres Lot

18009 Sierra HWY Canyon Country, CA 91351

Est. payment /mo
SOLD DATE : 08/11/2023

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Key Details

Sold Price $2,800,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC23043517

Sold Date 08/11/23

HOA Y/N No

Year Built 1974

Annual Tax Amount $21,899

Tax Year 2022

Lot Size 0.914 Acres

Property Sub-Type Industrial

Property Description

NEW PRICE! Great investment opportunity to own 18003-18009 Sierra Hwy in Canyon Country/Santa Clarita to own a 100% leased auto repair center with long term tenants and a lot of upside on rents. The property has three buildings totaling approximately 13,350 square feet. All tenants have long upstanding businesses with excellent reputations. The Sierra Highway Auto Center has 13,350 SF, of Retail space with 6 units and is 100% Leased with Long Term Tenants. Great Investment and Income opportunity with a lot of Upside. Multi-tenant, Class C Industrial building for Sale. 13,350 SQFT, 3 Building property situated on a 0.91 Acre lot located in Canyon Country. This Retail Auto Repair Center has 4 long term tenants and is 100% Leased. The Property offers a great opportunity for passive cash flow with a lot of potential for value-add opportunity, significant upside on rents or through lease-up strategies or re-positioning the asset long-term.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning SCCC

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected

Building

Lot Description 2-5 Units/Acre

Story 1

Water Public

Others

Tax ID 2802004001

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange, Private Financing Available

Listing Terms Cash, Cash to New Loan, 1031 Exchange, Private Financing Available

Financing Cash

Special Listing Condition Standard

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Listed by Stephen Shloss Regency Real Estate Brokers 9492921323, DRE #01226352
Bought with Bob Loner Realty Executives SCV
Jessica Lam

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