6651 Foothill Boulevard, Tujunga, CA, 91042

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$3,300,000
1 Day On Site

6651 Foothill Boulevard
Tujunga, CA 91042

For Sale|Retail|Active
0
Beds
0
Total Baths
6,720
SqFt
$491
/SqFt
1957
Built
County:
Los Angeles
Listed by Arthur Ambarchyan of Keller Williams R. E. Services Arthur@natprops.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
6651 Foothill Boulevard6651 Foothill Boulevard6651 Foothill Boulevard6651 Foothill Boulevard
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Commercial Real Estate with Included Operating Businesses Rare opportunity to acquire a neighborhood commercial property together with two long-established operating businesses in a single transaction. The offering includes the underlying real estate, the seller's ownership interest in the existing coin laundromat and neighborhood market businesses, and substantially all associated furniture, fixtures, equipment, trade fixtures, and business assets utilized in their operation. The approximately 6,720 SF commercial building is situated on an approximately 13,835 SF parcel and is currently configured with four functional areas consisting of a coin laundromat, neighborhood market, barber shop, and an approximately 1,185 SF vacant suite providing immediate lease-up or owner-user potential. This offering presents multiple strategies for future ownership. Continue operating the existing businesses, transition operations to third-party managers, sell one or both businesses while retaining ownership of the real estate, negotiate new leases with business operators, lease the vacant suite, or reposition the property for long-term investment. The neighborhood market has operated under current ownership since 2002, while the coin laundromat has served the surrounding community for more than 30 years, reflecting a long-established neighborhood presence. A third-party barber shop provides current rental income while the vacant suite offers additional lease-up potential. The sale includes substantially all furniture, fixtures, equipment, trade fixtures, and business assets owned by Seller and utilized in the operation of the market and laundromat. A detailed equipment inventory is available upon request. This is an exceptional opportunity for investors, owner-users, and operators seeking a flexible commercial asset with included operating businesses and multiple avenues for future value creation. The operating businesses are included in the sale. No separate allocation of the purchase price is being made between the real estate and the operating businesses. Prospective purchasers are encouraged to independently verify all business operations, equipment, inventory, financial information, and other matters during their due diligence.

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Listing Snapshot
Price 
$3,300,000
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
6,720 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.3177 Acres
Year Built 
1957
MLS® Number 
GD26219604
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
yesterdayListing first seen on site
yesterdayListing updated with changes from the MLS®
General Features
Acres 
0.3177
Number Of Stories 
1
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
6720
Water Source 
Public
Interior Features
Laundry Features 
None
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Community Features
MLS Area 
659 - Sunland/Tujunga


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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