Listing provided courtesy of Neema Ahadian of Marcus & Millichap. Last updated 2020-05-21 09:16:45.000000. Listing information © 2020 Client MLS.

Asking Price: $1,600,000

21824 DEVONSHIRE, Chatsworth CA 91311

Community: ​

This Lots/Land property was built in and is priced at $1,600,000. Please see the additional details below.
  • 0 Sq Ft
  • bathrooms
  • bedrooms
  • MLS#: 302522883
  • Type: Lots/Land
  • Year Built:
Built in 1956, this property consists of roughly 7,000 SF of retail divided into 4 units and is located one block from the intersection of Devonshire Street & Topanga Canyon Boulevard.This offering presents the investor an ideal value-add opportunity with potential for redevelopment. With one vacancy and three current month-to-month tenants, retail market rents can be achieved immediately with a pro forma CAP rate of 6.95% at the asking price.The lot is 12,498 SF zoned {Q}C2-2D in a Tier 1 TOC. Chatsworth

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