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14540 Erwin Street, Van Nuys, CA

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14540 Erwin Street

Van Nuys, CA 91411-2340 - Eastern SFV Submarket

Property Type:Retail Sub Type:Auto Repair Status:Existing Year Built:1958
Building Size:3,875 SF Land Area:.16 AC (6,752 SF)
For Sale Price:$1,199,000 Price/SF:$309.42
Cap Rate:3.92 %
3,875 SF is available to occupy upon purchase.

Sale Notes:
The subject site has one spray booth, a covered garage for 5-6 cars at a time, multiple lifts, a small office, rolling-gate access from Erwin Street and rolling gate access from back alley.

Excellent owner-user opportunity, or, potential development site.
Well-located, just one block from busy Van Nuys Boulevard shops,
restaurants, and offices; and, within blocks of multiple auto dealerships, Van Nuys courthouses, Los Angeles Department of Building and Safety.
The current tenant is on a month-to-month lease, paying only $4,500 per month--creating significant upside for an investor.

Coldwell Banker Commercial NRT
Oron Maher
(310) 273-3113

John Aaroe Group
Sally Forster Jones
(310) 691-7888

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