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Sunday, Dec 22, 2024

Canoga Park Warehouse Sold for $1.3 Million

An industrial property at 21436-21438 Ingomar St. in Canoga Park has sold for $1.3 million.The two-unit warehouse, situated on a nearly 10,000-square-foot lot, spans approximately 3,869 square feet. The property is located near the corner of Alabama Avenue.Isaac Haimoff, vice president of Encino-based Spectrum Commercial Real Estate, Inc., represented the buyer, a private investor.Recent nearby industrial deals include May's sale of the 13,000-square-foot warehouse at 7129-7133 Vineland Ave. in North Hollywood, which sold for $3.4 million and was also brokered by Spectrum Commercial Real Estate; March’s 20,000-square-foot warehouse sale at 2917 N. Ontario St. in Burbank, which sold for $8.5 million; and an 8,000-square-foot industrial property at 3014 Floyd St. in Burbank, which traded for $2.8 million in April.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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