14551-14555 Hamlin St - Medical FOR SALE


Van Nuys, CA 91411
$3,000,000 USD
14551-14555 Hamlin St, Van Nuys, CA for Sale
$3,000,000 USD
Medical - FOR SALE
1/11
null | Request Cap Rate

14551-14555 Hamlin St
Van Nuys, CA 91411


HIGHLIGHTS

  • Significant value-add opportunity with 10 vacant suites
  • Opportunity zone location - this property provides substantial tax incentives for long term capital investments
  • Owner-user opportunity
  • The property offers walkable access to the Van Nuys Civic Center, Courthouse, and City Hall
  • Adjacent to the 3.6B East San Fernando Valley Light Rail project

OVERVIEW

Centennial Advisers brings to market 14511 Hamlin Street in Los Angeles, a significant value-add opportunity positioned within a designated Opportunity Zone in the central commercial district of Van Nuys. This 10,368 SF office building offers an exceptional combination of central location and functionality. With immediate proximity to the Van Nuys Civic Center, the property delivers outstanding local presence and seamless access to major transportation routes—ideal for professional and legal services that thrive on civic connectivity. Built in 1961, the multi-story structure features 12 distinct office suites, specifically designated downstairs units, and a versatile floor plan suitable for a wide range of professional uses. Located in a rapidly evolving neighborhood with $4.2 billion in upcoming transit investments, the site benefits from strong demographic expansion, while nearby Van Nuys Metrolink and Amtrak stations provide exceptional regional connectivity to a dense residential and employment base. Featuring a current physical occupancy of only 2 units, the property offers a compelling platform for immediate stabilization and significant financial upside through targeted lease-up. 14511 Hamlin Street stands out as a compelling opportunity for an investor seeking a centrally located, value-add office asset with both immediate upside potential and strong future growth in a designated Opportunity Zone.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$289 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

15,000 SF

ZONING

CR, Los Angeles

APN/PARCEL ID

2236-015-012

ASK ABOUT THIS PROPERTY

Abner LozanoCentennial AdvisersMore Info

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