818-851-0489
8040-8046 Van Nuys Blvd, Panorama City, CA for Sale
Storefront Retail/Office - FOR SALE
1/10
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8040-8046 Van Nuys Blvd
Panorama City, CA 91402


HIGHLIGHTS

  • ±9,000 SF freestanding on gated 0.32-acre lot with ample surface parking—ideal owner-user footprint
  • Income now, flexibility later: 3 tenants roll 2025-26 for easy occupy, re-lease, or redevelopment
  • Zoned [Q]C2-1VL-CDO, Tier 3 TOC & ED-1—density bonus, relaxed setbacks, faster approvals
  • AB 2097 waives parking minimums, enabling seamless medical, office, retail, or food conversions
  • Steps to future East SF Valley LRT & Van Nuys Metrolink—exceptional regional access
  • High-visibility Van Nuys Blvd corridor, heavy traffic and dense Panorama City demographics drive demand

OVERVIEW

Position your business—or your next development—in the heart of the San Fernando Valley’s most active commercial spine. 8044 Van Nuys Boulevard is a single-story ±9,000?SF building sitting on a generous 13,939?SF lot with gated surface parking. Prominently fronting Van Nuys Boulevard, the asset captures constant drive-by and pedestrian traffic while benefiting from multiple transit options, including the under-construction East San Fernando Valley Light Rail and the existing Metrolink station just two blocks away. The site’s rare blend of [Q]C2-1VL-CDO zoning, Tier 3 TOC status, and Executive Directive 1 (ED-1) eligibility unlocks higher density, reduced setbacks, and ministerial approvals for qualified housing or mixed-use concepts—dramatically compressing entitlement timelines. Meanwhile, California’s AB 2097 waives parking minimums within ½-mile of major transit, giving future owners unrivaled flexibility to convert the building to medical, creative office, commissary/ghost kitchen, or experiential retail without costly parking variances. Current in-place leases (two expiring 10/2025, one 03/2026) furnish short-term revenue while preserving optionality: occupy a portion, renew tenants at market, or initiate a phased redevelopment plan coinciding with lease rollover.

FOR SALE DETAILS

PRICE

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CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.32 AC

LAND SF

13,800 SF

ZONING

[Q]C2-1VL-CDO

APN/PARCEL ID

2212-002-011

ASK ABOUT THIS PROPERTY

Brian MallaschColdwell Banker Commercial RealtyMore Info
818-851-0489

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Brian MallaschColdwell Banker Commercial RealtyMore Info
818-851-0489

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