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Rare Church Property at 20101 Devonshire Street

Rare Church Property at 20101 Devonshire Street
FOR SALE

$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

Download

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.

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Sammy Lyon

Sammy Lyon

Associate Broker

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Sammy Lyon

Sammy Lyon

Associate Broker

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