Marcus & Millichap is pleased to present a prime multi-tenant industrial opportunity located on a hard-corner parcel in the heart of Reseda, CA. Situated on an expansive 0.34-acre lot with approximately 25 on-site parking spaces, the property offers excellent street visibility and versatility. Zoned M1 with existing Certificates of Occupancy for auto repair and manufacturing, it supports a wide variety of industrial and commercial uses. Short-term tenancy allows an owner/user to occupy the building in the near term or provides an investor with the flexibility to reposition the asset at market rent.
This opportunity includes attractive seller financing for qualified buyers—75% of the purchase price at 5.00% interest-only for five years, creating a unique opportunity to reduce capital costs and enhance returns. Located less than two miles from the 101 Freeway with direct access to the 405, the property is strategically positioned within one of the tightest industrial submarkets in the Valley. The Reseda industrial market boasts a low 2.6% vacancy rate and average gross asking rents of $1.84/SF, underlining the demand and upside for both owner/users and investors.
Reseda’s dense infill location continues to drive industrial demand, with over 600,000 residents and an average household income of $110,596 within a five-mile radius. Whether you’re looking to secure space for your business or acquire a repositionable asset in a supply constrained market, this property offers the ideal blend of location, flexibility, and long-term value.