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Two Industrial Buildings Sells for 2.2 Million in Northridge, CA.

8649 Darby Avenue and 18412 Eddy Street in Northridge

Northridge, CA – July 1, 2023 – Executive Managing Director Yair Haimoff, SIOR of Spectrum Commercial Real Estate, Inc., is pleased to announce the recent sale of two industrial buildings located at 8649 Darby Avenue and 18412 Eddy Street in Northridge, California.

The two properties total approximately 10,500 square feet combined and are situated on two legal parcels that total approximately 15,124 square feet. The properties feature well designed layout, multiple loading doors, ample power and fenced and secured parking lot.

The properties are located in prime Northridge location. It is within minutes to amenities, Northridge Fashion Center, Cal State Northridge, Freeway Onramps and easy access to other parts of the San Fernando Valley.

The Buyer is an investor who will renovate the Properties and offer the buildings for lease.

Spectrum CRE™ represented the Buyer. This was a combined $2,222,000.00 transaction.

Call brokers for more information.

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Bold Commercial Real Estate Investment

Bold Commercial Real Estate Investment

Bold Commercial Real Estate Investment

With tax laws tailored to favor the bold, investments in commercial real estate is how the ultra-wealthy make money.

We now know that about 80% of millionaires contribute their financial success to real estate and that savvy investors place their claims in the commercial sector.

Yet, the market’s accessibility does not end at the wealthy elite.  With a dynamic range of financing options commercial real estate is obtainable to anyone with the drive for success.

Commercial real estate, an attractive option for all involved.

CRE buildings attract long-term tenants, which translates into a secure and consistent cash flow. Businesses benefit from steady long-term leases, since it establishes them in the community, and offers stability for their employees.
Long-term leases have the added benefit of being more favorable to banks, should you decided to sell or refinance your CRE property.

Scale economy, more units; less money (overall).

By owning a multi-unit building, you can negotiate more favorable contracts with outside vendors and maintenance teams.

This benefit is directly proportionate to the number of units available in a building, which drives down prices and causes companies to directly compete for your business; you can even decrease expenses by re-negotiating operating cost.

The flexible nature of CRE investments allows for clever amortization of big expenses, which means lowered long-term cost and better quarterly returns.

Did you know?

The IRS has given CRE owners many tools to help drive down taxes on their properties. One such tool is depreciation.
CRE buildings will start to depreciate at 27.5 years, and you can remove a portion of the building’s depreciation value from your yearly profits, lowering the amount of taxable income.
This is effect can be furthered by a cost segregation study, which allows you to accelerate depreciation value on tangible assets such as appliances, carpets, and light fixtures, to name a few.
In short, commercial real-estate is the sure-fire way to increase your ROI. Let us examine how we can put cash back in your wallet.