Set to benefit immensely from its position in the path of development, the property sits only one block from the planned 4.5 million square foot mixed-use development slated for the site of the existing Panorama Mall. Included in the proposal are 125,000 square feet of retail space, 70,000 square feet of restaurant space, 90,000 square feet of entertainment space, and 146,000 square feet of open space. That project intends to capitalize on the upcoming East San Fernando Valley Light Rail Line, which will include a Metro stop just two blocks from 8407 Cedros Avenue. Perhaps the most noteworthy development project currently in the San Fernando Valley, the light rail line will connect the Metro Orange Line, the Metrolink Train Line in Van Nuys, and the Metrolink Train Line in Sylmar/San Fernando. The majority of the new transit line will run along the median of Van Nuys Boulevard, with a station planned just two blocks from 8407 Cedros Avenue. In addition to boosting commerce in the immediate area, it will also provide the benefit of more convenient transportation for the property's tenants. With current rents approximately 42% below market rates, a new owner can capitalize on this rent upside to create increasing cash flow even before the neighborhood improves with the pending deve
Location! Location! Location! This is a very nice complex in the heart of Chatsworth situated in a highly desirable area of the San Fernando Valley. It is zone M2 for industrial/commercial condominiums, each unit has its own ground-level roll-up door, bathroom, private office, and large warehouse with HVAC, theres also a large kitchen/dining area between units 110 and 111. All three units are next to each other and share a common wall that can be removed to have one huge warehouse. The ceiling is extremely high, other units within the complex built a second story for more storage or office spaces. All three units 109, 110, and 111 are being sold together for $700k per unit, there are 2 assigned parking spaces per unit for a total of 6 spaces and additional guest parking right in front. Do not miss out on this opportunity to buy three commercial/industrial units in the prime area of Chatsworth.
Location! Location! Location! This is a very nice complex in the heart of Chatsworth situated in a highly desirable area of the San Fernando Valley. It is zone M2 for industrial/commercial condominiums, each unit has its own ground-level roll-up door, bathroom, private office, and large warehouse with HVAC, theres also a large kitchen/dining area between units 110 and 111. All three units are next to each other and share a common wall that can be removed to have one huge warehouse. The ceiling is extremely high, other units within the complex built a second story for more storage or office spaces. All three units 109, 110, and 111 are being sold together for $700k per unit, there are 2 assigned parking spaces per unit for a total of 6 spaces and additional guest parking right in front. Do not miss out on this opportunity to buy three commercial/industrial units in the prime area of Chatsworth.
Location! Location! Location! This is a very nice complex in the heart of Chatsworth situated in a highly desirable area of the San Fernando Valley. It is zone M2 for industrial/commercial condominiums, each unit has its own ground-level roll-up door, bathroom, private office, and large warehouse with HVAC, theres also a large kitchen/dining area between units 110 and 111. All three units are next to each other and share a common wall that can be removed to have one huge warehouse. The ceiling is extremely high, other units within the complex built a second story for more storage or office spaces. All three units 109, 110, and 111 are being sold together for $700k per unit, there are 2 assigned parking spaces per unit for a total of 6 spaces and additional guest parking right in front. Do not miss out on this opportunity to buy three commercial/industrial units in the prime area of Chatsworth.
Looking for car enthusiasts or collectors of any type looking for extra storage space while making income from rental units. What a great opportunity to find a flat 35,460 sqft lot with an RV|Car parking yard. Store all your vehicles, trucks, boats, water sport toys, etc. at the rear of this amazing parcel. The RV parking yard is completed gated and features a metal covered structure along with water, electricity & (3) sewer clean-outs. You can store so many cars in this approx. 9,000 sqft yard. LAR-1 zone non-conforming lot with 4 residences on the property that have been "grandfathered in". Garage conversations as well as the additions are legally permitted with C of O's with exception of the gas line to the stoves. Address are as follows: 11767, 11775, 11773 & 11771 plus garage conversions & additions which are the following: 11767-B, 11775-B & 11773-B. There is also a bonus room with 3/4 bath & office room with 3/4 bath, currently being used by the Seller for personal use. Living area square footage is larger than what is reflected with the tax assessors. Total income currently is $14,000 per month with potential for further growth. Property is completed gated with well manicured yards offering tons of charms. Each unit offers off-street parking behind the gated compound. (se
Featuring spacious floorplans and a unit mix that contains nearly all two- and three-bedroom apartments, the property spans 12,568 gross square feet. The building occupies a corner lot near the intersection of Sherman Way and Haskell Avenue. The current owner has installed full copper plumbing, replaced nearly every window in the building, and upgraded the main electric panel. A new investor may be able to use existing permits to complete two ADUs, which may also remove the need for any seismic retrofit repairs (Buyer to verify). Every unit interior has been renovated with decorative tile flooring, granite countertops, and remodeled bathrooms. The city of Van Nuys and the Northeast San Fernando Valley posted a vacancy rate of less than three percent in the second quarter of 2023. Aside from the dense New York City boroughs, this vacancy rate sits among to lowest in the entire country among submarkets that contain at least 60,000 units. With relatively few new residential projects slated for the next two years, it is expected that these strong occupancy rates will remain, to the benefit of local landlords.
7260 Canby Avenue is a 6-unit, apartment building located in Reseda, CA. Built in 1954, the property consists of two one-bedroom, one-bathroom and four two-bedroom, one- bathroom units. Recent improvements include a new pitched-roof, copper plumbing, and new windows. Additionally, all units have been upgraded with new flooring. Located in the heart of the San Fernando Valley, the property is situated just off Reseda Boulevard and Sherman Way providing proximity to shopping, restaurants, coffee shops, and entertainment. Additionally, the building is near Dignity Health Northridge Hospital Media Center which employs over 1,600 professionals.
This 32-unit two-story garden style complex has gated entry, a pool, laundry room and landscaped courtyard. The parking is also gated and has 24 tuck under spaces, 9 carport spaces and one open space for a total of 34 cars. The City of Los Angeles mandatory seismic retrofit work has already been completed by the owner. Other capital improvements include repaving the driveway and putting on a new roof about 10 years ago.The building is separately metered for both gas and electricity and the majority of the units have a private patio or balcony. The unit mix is excellent of 56% two bedrooms, two baths units averaging $1.59 psf and 44% one bedroom units averaging $1.34 psf. Both unit types are currently renting significantly below the current market of at least 50%.This well-maintained complex offers an investor stable cash flow with upside that will appreciate in value over time. The property is also located in an Opportunity Zone, which offers an investor the potential to defer and eliminate capital gains if they substantially improve the asset per the existing OZ laws. *Located in Opportunity Zone *Very well maintained *Great Mix of 1 & 2 Bedrooms with Balconies / Private Patios *Gated Parking & Entry *Pool, Laundry and Landscaped Courtyard
Commercial Property for Sale - Prime Location on Sherman Way, Reseda CA Welcome to 18515 Sherman Way, Reseda - an exceptional opportunity awaits in this versatile commercial property ideally situated on a bustling Main Street with abundant foot traffic. Over 4000 Sqft of usable space could be use for retail, office or Restaurant use. Key Features: -Prime Location: Positioned on Sherman Way, one of Reseda's prominent thoroughfares, ensuring maximum visibility and exposure for your business. -Split into Two Sections: This property offers versatility with its two distinct sections, allowing for diverse usage options to suit your business needs. -Convenient Street-Level Access: With street-level access, your business is easily accessible to passersby, enhancing convenience for customers. -Parking: Benefit from dedicated parking space in the rear of the property, providing ease and convenience for both customers and employees. Don't miss out on this incredible opportunity to own a commercial property in a high-traffic location. This property offers the perfect canvas to bring your vision to life. Contact us today to schedule a viewing and secure your place in Reseda's thriving business landscape!
Unique opportunity beckons for investors or developers in the vibrant heart of Van Nuys! Uncover the potential of this commercial property, zoned C2-1L, boasting a valuable 52-space parking lot. This versatile property holds immense promise, suitable for a spectrum of uses, from retail and service stations to garages, churches, schools, auto sales, apartments, condos, and hotels. The existing structure stands tall as a 5-story, 35,046 sqft building on a generous .51-acre lot, a rare find in the area. Convenience is paramount, with the property strategically positioned within walking distance of bustling shopping and dining hubs. Enjoy proximity to renowned establishments like Costco, Target, Chase bank, Starbucks, and more, enhancing the property's allure. Strategic location is further underlined by easy access to major freeways, including the 405, 118, and 101, streamlining connectivity for businesses and patrons alike. Sherman Way, a major cross street, adds to the property's accessibility. Seize the moment! Don't let this exceptional opportunity slip away. Schedule your private showing now to explore the full potential of this prime commercial property in Van Nuys.
Redevelopment opportunity/owner/occupant land bank in this fast-growing NoHo neighborhood in the Lankershim Ranch. Discover an unparalleled opportunity to invest in a prestigious industrial property situated on the bustling Lankershim Blvd. in the heart of NoHo. Boasting a coveted location directly across from the iconic Hollywood Backlot Bungalows, 8265 Lankershim Blvd. offers an exceptional blend of visibility, accessibility, and potential for various commercial and industrial endeavors, such as City approved redevelopment in the LAM1 zone including but not limited to Industrial, Retail, Office and Restaurant uses. Lankershim Blvd. in Los Angeles is named in honor of the Lankershim family per Wikipedia. Isaac Lankershim struck his claim in Los Angeles buying and developing the 60,000 acres now known as North Hollywood, Van Nuys, Sherman Oaks, Encino, Tarzana and Woodland Hills. Be part of the Lankershim Legacy of Success! NoHo aka North Hollywood is booming with a friendly city climate for redevelopment in this growing neighborhood. This property consists of a 2,400 to 6,720 SF building on .7 acres / 30,492 SF parcel of valuable land. *Business is not for sale*
Exceptional Opportunity: Established Auto Collision Center in the San Fernando Valley. We are thrilled to offer a remarkable business and property opportunity in the rapidly expanding auto collision industry. Situated in the heart of the San Fernando Valley, this Auto Collision Center stands out for its capacity to handle a high volume of clients and is primed for a driven new owner to take the helm. Key Highlights: -Strategic Location: Centrally positioned in the bustling San Fernando Valley. -Unique Design: Features an innovative parking structure with a ramp leading to a second-level rooftop, providing rare additional parking space for 30-40 vehicles. -Expansive Facilities: Encompasses a 7,500 sqft lot, with 6,847 sqft of indoor workspace and 6,700 sqft of outdoor workspace and parking. -Turnkey Operation: Fully equipped with a furnished office, customer waiting area, restrooms, autobody repair equipment, advanced painting system, filtration, and a security camera monitoring system. Specialized Equipment Included: Grandfathered CMC Mirage Spray Booth: Licensed and permitted, this heated downdraft paint booth ensures consistent spraying and drying times year-round, optimizing airflow to control overspray and contamination. Ventilated Paint Mixing Room: Outfitted with a top-tier
24 Units Garden Style Two Story Multifamily Complex in West Van Nuys Area. Property Consist Of 7-2Br.+1Ba. 17-1 Br.+ 1 Ba. 21,133 Sq. Ft Lot, 18,602 Sq. Ft. Rental Space, Pool, On-Site Laundry, Private Balconies, Separate Miters, 24 Gated Parking Spaces w/New Sliding Gate Motor, Four Years Old Roof w/15 Years Warranty, Brand New Pool Equipment and Brand-New Metal Pool Child Proof Fence, Some Units Recently Remodeled, Property Fully Occupied. Rents Below Market Rate with Great Upside Opportunity. Convenient Corner Location with Easy Connectivity to 405/101/118 Fwys. Additional Street Parking, Good Neiborhood Schools. Bread and Butter Investment......
Welcome to 14011 Sherman Way, a well-positioned 13-unit apartment building located in the heart of Van Nuys, California. This property offers a diverse selection of units designed to suit various lifestyles and needs. What sets this property apart is the unique opportunity for owner financing at attractive terms. Take advantage of owner financing at 5% interest for 5 years, with a $1,350,000.00 downpayment, making this investment more accessible and appealing for potential buyers. Located in Van Nuys, this property enjoys proximity to local amenities, schools, parks, and major transportation routes, making it an attractive choice for renters and investors alike. Whether you're looking to expand your investment portfolio or secure a stable income-generating property, 14011 Sherman Way offers a compelling opportunity. Contact us today to learn more about this exciting investment with flexible financing options. Don't miss out on this chance to own a valuable piece of Van Nuys real estate. Schedule your private showing and explore the potential of this impressive apartment building. The Unit Mix is (1) One-Studio, (7) Seven One Bedroom and One Bath Units, (4) Four Two Bedroom and One Bath Units, and (1) Two Bedroom and Two Bath Units. Each unit features contemporary interiors with w
Pleased to present the opportunity to acquire 15456 Vanowen Street, a 12-Unit investment opportunity located in Van Nuys, CA 91406. ASSUMABLE 3.75% FIXED RATE FINANCING! Great unit mix composed of (8) one-bedroom units and (4) two-bedroom units. Soft Story Retrofit has been completed!
The Ivy at Woodman Apartments, located in the Valley Glen neighborhood of the San Fernando Valley, is a 23-unit multi-family building built in 1964. And beautifully renovated in 2022. This property is located at 6958 Woodman Ave. and is comprised of two studio, three one-bedroom/one-bath, one one-bedroom/one and a half-bath, twelve two-bedroom/one and a half-bath, four two-bedroom/two-bath, and one three-bedroom/two-bath units across +/- 22,211 gross square feet of improvements on +/- 18,795 square feet of land. Utilities are separately metered for electricity and gas. The property also features 23 covered parking space. This stunning turn-key opportunity has been remodeled with high end finishes and has a modern and luxurious feel. Unique to this building is that 14 of the units are townhouses, offering tenants more space and privacy. This continues to add to its long list of desirable features. Neighboring multi-family projects add value to the surrounding buildings, and position the property to capture top of market rents and higher income tenant base. The charming Mid-Century design, resort-style feel, and location are already major draws for The Ivy at Woodman Apartments. Additional drivers leading to the high rents being achieved include the elevated level of renovation and
Terrific retail commercial property with a lot of potential due to its prime location in Van Nuys. The ample parking with 12 parking spaces and high visibility are definite advantages for attracting customers. Property features a 5,950 SF building on a large lot of 10,000 SF with newer roofing. The property offers convenient access to public transit, major freeways and existing LA Metro Orange line as well as Potential Project Metrolink Green line.
We are excited to present a remarkable investment opportunity at 13907 Vanowen St, a 25-unit apartment complex nestled in the heart of Van Nuys, CA. Built in 1972, this expansive property spans 15,377 square feet and sits upon a sprawling 0.55-acre lot. Offering a diverse unit composition, the building showcases (5) charming studio apartments, (18) spacious one-bedroom, one-bathroom units, and (2) generously sized two-bedroom, one-bathroom units. Moreover, it boasts a meticulously maintained collection of both standard and upgraded units, affirming its pride of ownership status.
7323 Independence Ave. in the City of Canoga Park, CA is a 20 unit apartment building. Onsite laundry and is owned by Owner (Not leased). Tremendous upside in rents. Two Story Apartment Building on 22,603 SF Lot. 3 @ 2+2 and 17 @ 1+1.
We are proud to present 14317 Haynes Street, a 7-unit apartment building located in Van Nuys, CA. Built in 1964, the subject property sits on a 7,500 square foot lot and offers a mix of 3- 1 bed/1 bath and 4- 2 bed/2 bath units, totaling 6,009 gross square feet. The offering is turnkey, featuring brand-new copper plumbing, roof, water heaters, laundry facilities and equipment (all owned, not leased), stainless steel appliances, and granite countertops. Additionally, units 1, 4, and 7 have undergone thorough gut renovations. The only outstanding items are fresh paint and driveway refurbishment, which the owner opted not to finalize to avoid prolonging tenant occupancy. Cash for keys has not been attempted by the owner. The property has ample gated parking for tenants with easy access through the right side of the building. To enhance the quality of living for residents, the property features a smoke-free environment with laundry facilities and proximity to shopping and restaurants. Select units have been completely updated with new stainless steel appliances, granite countertops, cabinets, bathrooms & kitchens, and laminate flooring throughout. One of this property's significant attractions is the great value-add potential. Current rents at the property are approximately 48% below
Fully renovated office complex conveniently located within an OPPORTUNITY ZONE just off Van Nuys Blvd, showcasing four individual units, four bathrooms, a spacious conference room, two fully equipped kitchenettes, and 14 parking spots accessible via a private motorized gated driveway. Renovations encompass comprehensive upgrades including drywall installation, electrical improvements, flooring replacement, new doors and partitions, as well as a fresh roof and windows. The primary upstairs unit features custom glass partitions, an expansive open floor plan, and a covered turfed balcony. Situated within easy reach of shopping centers, retail outlets, Van Nuys airport, and The Superior Court of California for added convenience.
Located on Topanga Canyon Blvd with heavy traffic and great exposure. The Corvette Shop Inc. is a well-established automotive repair shop that has been owned and operated since 1987 focusing on corvette repair and general automotive repair in the San Fernando Valley. The building is approximately 2,726 sq ft on a corner lot with additional off-street parking.6 working auto bays with 4 lifts, large office space and extra storage. Large repeat customer base. Sale will include the Real Estate and Business. Owner financing available
