**Listing Headline**
Van Nuys Airport Area Office Assemblage | In-Place Income & Owner-User Potential
**Property Description**
Coldwell Banker Commercial presents 7141 N. Valjean Avenue and 16217 W. Gault Street, a two-parcel office assemblage near Van Nuys Airport. Offered together, the properties comprise approximately 9,364 square feet of assessor-reported improvements on approximately 13,460 square feet of land.
The assemblage combines an approximately 8,356-square-foot multi-suite office building on Valjean Avenue with a separate 1,008-square-foot office component on Gault Street. The configuration offers an opportunity for an investor seeking rental income or a business owner looking to establish a presence in the Van Nuys Airport area while retaining income from other tenants.
A combination of fixed-term leases and month-to-month occupancies provides in-place income and potential flexibility for future occupancy. An owner-user could potentially combine the approximately 2,350-square-foot month-to-month suite with the approximately 611-square-foot owner/unleased area, subject to existing tenancy rights and confirmation of possession timing.
The location may appeal to aviation-related businesses, professional service firms and other compatible office users. Both parcels carry a Limited Manufacturing General Plan designation, with permitted uses subject to applicable zoning conditions and buyer verification.
**Property Highlights**
* Two adjoining parcels offered together as one assemblage.
* Approximately 9,364 SF of improvements on approximately 13,460 SF of land.
* Multi-suite office building plus a separate Gault Street office component.
* Van Nuys Airport area location.
* Existing rental income from multiple tenants.
* Potential owner-user occupancy while retaining tenant income.
* Mix of month-to-month occupancies and fixed-term leases expiring in 2027 and 2028.
* Seller financing may be considered, subject to buyer qualifications and mutually acceptable terms.
All areas are approximate. Buyer to verify building and land areas, permitted uses, lease terms and availability for occupancy.