6945-6947 Van Nuys Blvd - Office FOR SALE


Van Nuys, CA 91405
$5,790,000 USD
310-405-0902
6945-6947 Van Nuys Blvd, Van Nuys, CA for Sale
$5,790,000 USD
Office - FOR SALE
1/8
null | Request Cap Rate

6945-6947 Van Nuys Blvd
Van Nuys, CA 91405


HIGHLIGHTS

  • Dense Infill Location w/ Unlimited Potential: Located on Van Nuys Boulevard with over 40,000 VPD
  • About 90% occupied with short term tenants to collect income while obtaining entitlements, rough gross income ~$220,000 annually
  • Surrounded by national retailers: like Walgreens, McDonald’s, Starbucks, Super King Markets, Dunkin Donuts, Subway, and Pizza Hut.
  • Dense Demographics: Densely populated neighborhood in Los Angeles with over 753,000 residents and an average household income of $114,000 in a 5-mile

OVERVIEW

We are pleased to present a rare redevelopment opportunity in the heart of Van Nuys. Situated on a 33,350 SF LAR3-zoned corner parcel off of Van Nuys Boulevard, this mixed-use commercial/office/residential asset offers exceptional visibility and long-term upside. The property includes approximately 10,800 SF of existing improvements and benefits from strong street exposure along Van Nuys Boulevard, with traffic counts of approximately 40,000 vehicles per day. Surrounded by national retailers including Walgreens, McDonald’s, Starbucks, Super King Markets, Dunkin’, Subway, and Pizza Hut, the site is positioned within a dense infill corridor with proven consumer demand. Current in-place income provides a holding scenario while investors explore lease-up, repositioning, or future redevelopment potential.

FOR SALE DETAILS

PRICE

$5,790,000 USD

PRICE/SF

$581 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Redevelopment Site

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.77 AC

LAND SF

33,350 SF

ZONING

LAR3

APN/PARCEL ID

2219-026-009

ASK ABOUT THIS PROPERTY

Paul MatysekMatysek Investment GroupMore Info
310-405-0902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Paul MatysekMatysek Investment GroupMore Info
310-405-0902

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.