7224 Woodley Ave - Day Care Center FOR SALE


Van Nuys, CA 91406
$2,800,000 USD
818-697-9364
7224 Woodley Ave, Van Nuys, CA for Sale
$2,800,000 USD
Day Care Center - FOR SALE
1/5
null | Request Cap Rate

7224 Woodley Ave
Van Nuys, CA 91406


HIGHLIGHTS

  • Opportunities for development or adaptive reuse in the near future
  • Prime Van Nuys location
  • Located near the Van Nuys Airport and the 405 Freeway in a rapidly developing San Fernando Valley community
  • The corner lot is accessible on three sides, from Woodley Avenue, Cantlay Street, and the shared alley with the properties that back up to Sherman Way

OVERVIEW

7224 Woodley Avenue is an approximately 14,341sf C2 zoned parcel with a 4,118 square foot building located near the Van Nuys Airport and the 405 Freeway in a rapidly developing San Fernando Valley community. The corner lot is accessible on three sides, from Woodley Avenue, Cantlay Street, and the shared alley with the properties that back up to Sherman Way. The property is currently leased to Child Care Resource Center (CCRC), a Head Start preschool, who has been the only occupant for the last thirty years. CCRC has one year remaining on its current term, with one five-year option remaining. The site offers stable income in the near term, with opportunities for development or adaptive reuse in the near future.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$678 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Van Nuys Development Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Day Care Center

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,341 SF

ZONING

C2, Los Angeles

APN/PARCEL ID

2206-035-031

ASK ABOUT THIS PROPERTY

Caleb Morrisonilli Commercial Real EstateMore Info
818-697-9364

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Caleb Morrisonilli Commercial Real EstateMore Info
818-697-9364

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