2337 Troutdale Dr - Freestanding FOR SALE


Agoura Hills, CA 91301
$2,550,000 USD
818-266-0337
2337 Troutdale Dr, Agoura Hills, CA for Sale
$2,550,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

2337 Troutdale Dr
Agoura Hills, CA 91301


HIGHLIGHTS

  • Motivated Seller and Seller Financing and Price Reduction
  • Immediate Passive Income
  • High-Income Affluent Three Magical Mile Area of Agoura Malibu Calabasas
  • Expansion Business Growth for the similar or complementary businesses
  • Versatile Commercial C-3 and Residential Zoning
  • High-End French Luxury Niche Appeal

OVERVIEW

SELLER MOTIVATED. SELLER FINANCING WITH 30% DOWN PAYMENT. PRICE REDUCTION. Unique Commercial C-3 Zoned Property located in a High-Income Residential neighborhood. Outdoor Indoor Furniture Business Operating located in a Commercial Zone in a High-Income Wealthy Residential Area near Cornell, Calabasas and Malibu sitting on approximately 1.88 Acres on two parcels with the possible opportunity to also purchase a modified net leased currently operating outdoor/indoor business, sold separately. Ideally located in the heart of the beautiful Santa Monica Mountains, between the beaches of the affluent upscale areas of Malibu and Valleys of Calabasas and Agoura Hills, within the “Three Magical Miles” area. Enjoy the relaxing indoor and outdoor atmosphere, a wide selection of 17th to 20th century modern architectural pieces and antiquities furniture and rare objects, specializing in Limestone Fountain, Limestone Fireplace, Limestone flooring, Limestone Architectural pieces and La Madeleine D'Anduze pots and Jars, all reminiscences of the past, and undoubtedly, bringing character, uniqueness and elegance to 21st century homes and gardens. Outdoor/Indoor Furniture is the description of the current operating business. In-home Detox is a possible use in a residential home if the tenant agrees to sell his business and moves to another location or retires. Highly specialized property in the "Three Magical Miles" corridor of the Santa Monica Mountains (Off Kanan Road and a block to Mulholland Highway). Property Seller is offering Seller financing and highlighting C-3 Zoning, this is a rare opportunity to bypass traditional bank restrictions for a mixed-use or niche commercial site. Location: High-income Affluent Wealthy pocket between Malibu and Agoura Hills and Calabasas. This area is a prime destination for luxury homeowners and exterior garden and interior designers. The Real Estate: ~1.88 acres across two parcels. The C-3 zoning is versatile, often allowing for outdoor, or office, or possibly retail, service, or even certain hospitality uses, depending upon parking allocation. The Business (Could be Sold Separately): A modified net-leased operation specializing in high-end outdoor indoor French antiquities (Limestone fountains, fireplaces, and Anduze pottery). The "Hook": The combination of a Price Reduction and Seller Motivation suggests there may be room to negotiate favorable terms on the down payment or interest rate. Land Use: With C-3 zoning on nearly 2 acres, you could continue the current "Gallery/Showroom" model or potentially pivot to a boutique event space, high-end nursery, or architectural design studio (subject to local Santa Monica Mountain permits). Seller Financing: This is the biggest lever here. It can allow for a faster close and potentially lower "out-of-pocket" costs if you are looking to preserve capital for business operations. The Lease: Since the business is "currently operating," the Seller currently enjoys income from a successful operating business and the current business owner intends to remain as a tenant (providing current consistent rental income) or for the right business buyer and equitable price and arrangements, both the landowner and business owners may consider looking to exit both the business and the land. On Septic, Not on Sewer. Leased investment with 4 to 10 years left on the lease. The business is not for sale at the moment but could be sold separately. 1952 and 1965 - 3 Bed + 1 Bed - 1 Unit - (Per Los Angeles County) Building Size: 1,638 SF to 1,953 SF. 2337 Troutdale Drive - 2063-019-037 - 42,115 SF of Land. 2337 Troutdale Drive - 2063-019-038 - 39,729 - SF of Land. Zoning: C-3 + RL2 Rural Land 2 Property type : Retail - Garden Center - Retail - Storefront Retail/Residential Sub-Types: Storefront / Mixed Use/Flex Showroom/General Retail Freestanding/Retail/Office Showing by appointment only. Do not disturb tenant. Buyer Financials, Proof of Funds, Non-disclosure agreement and 48 Hours’ Notice prior to showings.

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$1,306 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Commercial Zone Use Residential Neighborhood

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Garden Center, Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.88 AC

LAND SF

81,893 SF

ZONING

C-3

APN/PARCEL ID

2063-019-037

ASK ABOUT THIS PROPERTY

Bobby CataniaInfinity Real Estate ServicesMore Info
818-266-0337

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Bobby CataniaInfinity Real Estate ServicesMore Info
818-266-0337

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.