20665 Santa Clara Street

Description

Versatile Commercial Property with Strategic LocationThis property offers a blend of estimated square footage, with the owner-provided figure at 33,175 rentable square feet and the assessor's parcel indicating 11,300 square feet. Additionally, 2,178 square feet on-site will be delivered vacant at the close of escrow.The property comprises four buildings according to the assessor, although the owner has introduced non-conforming structures and trailers during their tenure as well as adding yard space to their rentals. Situated on a desirable corner lot, the property features three entrances for convenient ingress and egress and monument signage.Historical tenants showcase the property's appeal and durability. Current uses include auto repair, landscaping, recycling, and the distribution of electric and plumbing supplies. Most tenants are on a month-to-month basis, with only 5 leases ending by the end of 2027 (see Offering Memorandum for details).Business Park zoning accommodates various activities aligned with both business park and industrial zoning regulations, offering flexibility for diverse business operations.Exceptional opportunity for investors seeking a multi-functional space with potential for various business ventures.City of Santa Clarita named the "Most Business Friendly City in Los Angeles County" by The Los Angeles Economic Development Corp, offering benefits such as no business license fees, utility users tax, gross receipts tax, or payroll tax.Free recruitment and employment services available at the America's Job Center of California.Use Tax Rebate Program and Foreign Trade Zone enhance business incentives.