Development firm Great American Capital in Las Vegas plans to convert an old LA Fitness location in Chatsworth into a three-building self-storage facility, The Real Deal has learned.
The property, at 9129 and 9143 North De Soto Avenue, would become a complex totaling 108,800 square feet, according to documents filed with the Los Angeles City Planning Department. The company that owns the property, Kids from the Valley X LLC, is controlled by Steve Needleman, according to a deed from earlier this month. Needleman is a developer and the head of Anjac Fashion Buildings, a major landlord in the Downtown Los Angeles market.
The largest structure in the planned complex is a three-story, 81,300-square-foot building near the corner of De Soto Avenue and Nordoff Street. The proposed compound will also include two one-story properties totaling 27,600 square feet.
The property was previously leased to LA Fitness. It’s unclear when the gym vacated the space; however, reviews on the facility’s Yelp page show that it closed down for renovations in 2019. LA Fitness signed a lease for the space in November of 2016, records show.
The project adds to the pipeline of self-storage facilities in Los Angeles.
In December, Chicago firm Banner Real Estate Group filed plans for a three-story, 158,000-square-foot self storage facility at 20401 West Ventura Boulevard in Woodland Hills. The project wiped out the previous owner’s plans for a 149-key hotel at the site.
Hong Kong firm Gaw Capital, meanwhile, proposed a housing and self-storage complex in Cypress Park. The project, located at 3200 and 3220 North Figueroa Street, will consist of a 160-unit residential complex and a 106,800-square-foot self-storage facility.
Baranof Holdings, a Dallas-based self-storage developer, filed plans this summer to build a facility in Hollywood that could serve as a film vault for media companies, as well as a repository for household goods.
