Rare Church Property at 20101 Devonshire Street
$7,950,000
20101 Devonshire Street, Chatsworth, CA 91311
15,896 SF
Square Feet
$500
PPSF
Property Description
Rare 6 acres for sale in Chatworth. The property is located on the north side of Devonshire Street, west of Winnetka Avenue. Current buildings include church, offices and school. Improvements: 1966 building 6,871sf, 1991 building 2,437sf, 1991 building 6,588sf, coffee bar kiosk 100sf, shed building 260sf, playground with fixed in place canopy, cellular tower at street with supporting equipment, asphalt paved driveway and parking lots. Improvements contain a combined 15,896sf. 80ft of frontage on Devonshire. Cellular antenna (tree-type) and associated ground-based equipment located at the southeastern corner, approx. 1,500sf easement for a 50-year term commencing in 2013. Appraisal available upon request. Perfect for owner user or development. APN: 2707-023-021
Property Details
Asset Type
Church
Year Built
1966
Acres
6
ZIP
91311
Renovated
1991
Listing Type
sale
Offering Memorandum
Net Operating Income (NOI)
$0
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)
-$452,245
Cash-on-Cash Return
-22.75%
Monthly Debt Service
$37,687
Annual Debt Service
$452,245
View on Map
Address
20101 Devonshire Street
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Chatsworth Church Market Snapshot
Boundary boundary · Church · Sale
No investors found in this market.