11942 Allegheny St Sun Valley, CA 91352
Sun Valley NeighborhoodEstimated payment $29,097/month
Highlights
- 1.14 Acre Lot
- Property is near a park
- No HOA
- John H. Francis Polytechnic Rated A-
- Park or Greenbelt View
- Rectangular Lot
About This Lot
The subject property is a ±1.14 acre industrial yard located at 11942-11950 Allegheny Street in the city of Sun Valley. This site is composed of two individual parcels of land with APNs #2631-003-014 & 015. The site is located on Allegheny Street just a block south of San Fernando Road and less than a mile north of the I-5 freeway. The site is currently leased out to Best Trucking Services Inc. who has been a tenant since 2018. The term of their existing lease expires in February of 2028 at which time they will have one single remaining 5-year option. Best Trucking is currently paying $0.29 per square foot for the land at this time (gross lease), however the 5-year option lease rate will be at “Prevailing Market Rates” which is going to be an increase if they decide to stay. There are two small houses on the property which can be used as offices. The houses are 1,150 square feet and 720 square feet and they were built in 1947. There is also a newer 900 square foot structure on site that is used as a garage. This property is flat and rectangular in shape with 150’ of frontage along Allegheny Street and a depth of 331'. The site is fully fenced and has two gated entry points along Allegheny Street. Zoning on this site is [T][Q] M1-1-CUGU which is a Limited Industrial zoning classification. The General Plan Land Use is Limited Manufacturing. Height District 1 in the M1 zone allows for a FAR of 1.5:1 and does not indicate a height limit. The subject property is surrounded by industrial buildings to the north and to the east along with several small to mid-sized multifamily buildings to the south along Allegheny Street. Directly across the street from the property is Allegheny Park which is a new 1-acre city public park, and the Alliance 6-12 Charter Public School. M1 industrial sites of 1+ acres are very difficult to find in the San Fernando Valley and the market is extremely supply-restricted. This property should be of great interest to both investors and users looking to find an industrial site with great access to a major freeway.
Listing Agent
Marcus & Millichap Brokerage Email: matthew.wenzel@marcusmillichap.com License #01198357 Listed on: 11/25/2025
Property Details
Property Type
- Land
Est. Annual Taxes
- $14,915
Lot Details
- 1.14 Acre Lot
- Lot Dimensions are 150' x 331'
- Rectangular Lot
- Level Lot
- 2631003015
- Value in Land
- Property is zoned [T][Q] M1-1-CUGU, Limited Industrial
Property Views
- Park or Greenbelt Views
Location
- Property is near a park
- Urban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 14185
- Assessor Parcel Number 2631003014
- $1,296 per year additional tax assessments
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,915 | $1,157,532 | $1,151,132 | $6,400 |
| 2024 | $14,915 | $1,134,836 | $1,128,561 | $6,275 |
| 2023 | $14,641 | $1,112,585 | $1,106,433 | $6,152 |
| 2022 | $13,997 | $1,090,771 | $1,084,739 | $6,032 |
| 2021 | $13,839 | $1,069,384 | $1,063,470 | $5,914 |
| 2019 | $13,450 | $1,037,668 | $1,031,928 | $5,740 |
| 2018 | $12,747 | $1,017,323 | $1,011,695 | $5,628 |
| 2016 | $12,213 | $977,820 | $972,410 | $5,410 |
| 2015 | $12,040 | $963,133 | $957,804 | $5,329 |
| 2014 | -- | $944,267 | $939,042 | $5,225 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/25/2025 11/25/25 | For Sale | $5,290,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Available | |
| Grant Deed | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $2,287,500 | Chicago Title Company | |
| Grant Deed | -- | None Available | |
| Individual Deed | $199,000 | Investors Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $410,000 | Seller Take Back | |
| Previous Owner | $1,462,500 | Commercial | |
| Previous Owner | $159,200 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25266253
APN: 2631-003-014
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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