An exceptional opportunity awaits to acquire a piece of historic Van Nuys. This property thrives amidst a bustling commercial hub, adjacent to a popular Mexican restaurant and strategically positioned across from the federal, state, and local government center, housing administrative offices, courthouses, and a post office. It presents a rare chance for businesses seeking to establish themselves in a vibrant and dynamic locale. The venue, currently operational and meticulously designed, caters to a diverse range of events, from elegant weddings to corporate galas and milestone celebrations, accommodating the capacity of 100 people. While the business itself is not for sale, this property offers a prime location that should not be overlooked. Conveniently, public parking is within walking distance, enhancing accessibility for guests and patrons. With its mixed-use potential and proximity to key amenities, this property is a compelling investment opportunity for those looking to capitalize on Van Nuys' rich heritage and thriving commercial landscape.
6 Units on a large lot in a great and desired location in the city of Van Nuys with lots of potential. Conveniently located near the Court and other government buildings in the heart of the city of Van Nuys with close access to the 405, 101, and 170 freeways. Located just 2.3 miles from the Van Nuys Metrolink Station, which allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity, gas, and trash.
We are proud to represent this 7 unit apartment building in Van Nuys. The property has an excellent unit mix consisting of (1) studio, (4) 1+1 units, (1) 2+1 unit, and (1) 3+2 unit. With a lot size of 6,252 square feet, the property has a total of 5,200 rentable square feet. The property is situated in Van Nuys with close access to the 405, 101, and 170 freeways. Ventura Blvd. is just minutes away with all of its restaurants and shopping while the metro link transportations service allows easy access to Sherman Oaks, Woodland Hills, Burbank, Hollywood, and downtown Los Angeles. The property is separately metered for electricity.
Welcome to an exceptional real estate opportunity at 14520 W Erwin Street off Van Nuys Blvd. This mixed-use property 4500 SF offers a versatile space for various commercial ventures.. Constructed with durable reinforced concrete, the property boasts a secure and inviting windowed front, providing both visibility and natural light. Impressively high ceilings reaching 18 feet offer ample vertical space, complemented by high power outputs to accommodate diverse operational needs. Convenient alley access along the East side of the property enhances logistical ease, while the prime location approximately 200 feet west of Van Nuys Blvd ensures excellent visibility and accessibility. The property comprises two structures on site, both currently vacant and ready for reimagining. 14520 W Erwin Street features two entry doors directly off Erwin Street, offering easy access for clientele. A gated courtyard and dedicated employee parking add to the appeal of this structure, which includes multiple offices, conference rooms, and a bathroom. While the interior presents a solid foundation, updates are needed to attract potential tenants and maximize its potential. Adjacent to 14520 Erwin Street, 14518 Erwin Street offers additional space separated by a courtyard. Previously utilized as a Sanctu
Great opportunity for owner user to operate approximately 5,000 SF of mixed use property with office/ retail space and or warehouse space . This retail space has vaulted ceilings, and polished concrete floors. Situated approximately 200ft west of Van Nuys Blvd. The property boasts versatile zoning (LAC2) Potentially for a multi-residential development an excellent opportunity for both Owner user and developers alike. The combination of location, zoning, and redevelopment possibilities makes this property a lucrative opportunity for savvy investors. Property can also be purchased together with 14520 Erwin St for $1,850,000.
13279-13281 Van Nuys Blvd in Pacoima. It is located on a major thoroughfare in a redeveloping area of Pacoima. This three-unit Commercial Space is ideally suited for first-time investors in the Retail Space or a potential owner-user opportunity. The property comprises three units with Units of Square Footage of 510, 1488, and 1097 for 3095 Square Feet. The property has a rental upside! The property has a new facade, giving it life and curb appeal. This property will benefit from the new light rail line scheduled to be built for the Metro. The area has a high traffic count and benefits from heavy foot traffic. Centrally located to the 118 and 5 freeways, it has plenty of freeway and transit access.
Well maintained building with lots of recent updates to 5 of the 6 units. 3 one-bedroom units, 2 2-bedroom units, and one 3-bedroom 2 bath unit. 2 car garage, and a 4 car carport, with additional uncovered parking. Washer and dryer on property, security cameras, & new access control.
REFINED PRICING! 5%+ CAP WITH 50% UPSIDE! Discover the potential of 14739 Delano St, a remarkable multifamily asset nestled in the vibrant heart of Van Nuys. This property, spanning 6,908 square feet, stands on a 7,503 square foot lot and comprises 11 bedrooms and 8 bathrooms, making it a substantial income-generating asset?1?. Boasting a rich tenant history, the property has been a choice residence for long-term tenants who value the stability and convenience it offers. The strong foundation of consistent, on-time rent payments highlights the reliability of this investment. With a notable gross rent of $11,000 per month and a potential escalation to a market rent of up to $21,000, this property promises a robust income stream and a horizon of revenue growth. The unit mix is thoughtfully designed to cater to diverse tenant preferences, featuring (5) comfortable 2-bedroom units and (3) inviting 1-bedroom units, ensuring a steady occupancy rate. Ideally positioned, 14739 Delano St offers its residents effortless access to transportation, shopping, and dining venues. The proximity to 'Van Nuys Village' shopping center enriches the living experience, providing a plethora of retail outlets, eateries, and services. The highly reputed 'Van Nuys Unified School District' is a stones th
A 15-unit Multifamily Located in Noho West With a Ton of Upside (74%). the Property Boasts an Appealing Blend of Units (7 2bedrooms & 8 1bedrooms), All Surrounding a Stunning Courtyard. Each Unit Offers Spacious Living Areas and Private Balconies. The property currently collects $250K in rent with proforma rents reaching $427K, resulting in a Proforma GRM of 8.65 and Proforma CAP rate of 8.76%. EQ Retrofitting has been completed and main electrical panel and subpanels have been upgraded in 2024.
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
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*
Presenting 11635 Tuxford Street, a prime commercial property situated in the heart of Sun Valley! This versatile space offers 3,466 square feet, encompassing commercial, industrial, office, and warehouse areas on a generous 5,525 square foot lot. For added convenience, the property includes 6 covered parking spaces. The interior layout is highly adaptable to meet your specific needs, featuring 3 main rooms, a warehouse, and an upstairs lounge area with a bathroom. This property is strategically located in Sun Valley, offering close proximity to Lankershim Blvd and easy access to the 5 Freeway. Explore the endless possibilities of this commercial gem by contacting us to schedule a viewing. Don't miss the opportunity to make 11635 Tuxford Street the ideal space for your business endeavors.
Incredible investment opportunity, two buildings with 2 separate APN's, ( 5920 Buffalo, [units 5920, 5922, 5924] #1 triplex APN: 2343-001-021 & 5926 Buffalo, [units 5926, 5928, 5930] #2 triplex APN: 2343-001-020 ) each triplex 2 one bedroom and 1 two bedroom. Shared garages, shared long driveway with some outdoor parking. Each unit has a small outdoor sitting area by their front door. Close to the orange line and in a central Valley location. Invest in these adorable units. Buyer is to do their own Due Diligence.
Incredible investment opportunity, two triplex buildings with separate APN's, ( 5920 Buffalo, [units 5920, 5922, 5924] #1 triplex APN: 2343-001-021 & 5926 Buffalo, [units 5926, 5928, 5930] #2 triplex APN: 2343-001-020 ) each triplex 2 one bedroom and 1 two bedroom. Shared garages, shared long driveway with some outdoor parking. Each unit has a small outdoor sitting area by their front door. Close to the Orange Line and in a central Valley location. Invest in these adorable units. Buyer is to do their own Due Diligence.
Investment opportunity of a 10-unit building located at 5846-5850 Woodman Avenue, Valley Glen, CA. Offered at a current 6.52% Cap Rate with 96% upside in rents! Three (3) move in ready units may be delivered VACANT at the close of escrow. This property consists of two buildings with a mix of (4) 1-Bedroom/1-Bath and (2) 2-Bedroom/1-Bath (2) 3-Bedroom/1-Bath and (2) Townhouse style 2-Bedroom/1 1/2-Bath units with a combined 9,876 square feet of rentable space on a combined 13,029 square foot lot across two separate APN's. Built in 1952, this complex offers an on-site laundry room along with (4) double-car and (2) single-car enclosed garages for a total of 10 spaces behind the building. Permits paid for and in hand to convert all the garages into Four new 2bd 1ba ADU units which will be provided to the buyer. The current cap rate is 6.52% with a Pro-forma cap rate of 14.80%. In addition, all units are separately metered for gas and electricity and are equipped with either wall-unit A/C and Heat, Central A/C (two townhouse-style units) or mini split systems. E-Mail LA1 for set up sheet and showings.
Runnymede Holiday Apartments presents opportunity to acquire a desirable garden style 40 unit complex consisting of open grounds and attractive low-maintenance construction consisting of an ideal (12) 1 bedroom / 1 bath units, (20) 2 Bedroom / 1 bath units, and (8) 3 bedroom / 2 bath units. The property does not possesses any decks, tuck-under parking, or exterior catwalks, thereby removing large capital expenditure items for long-term operations. The grounds consist of mature vegetation, open walkways, a picnic and playground area, a large onsite laundry facility, and fully gated grounds and parking. The property possesses significant income and equity growth potential with an in-place 4.45% cap rate and a 8.0% proforma cap rate on a proven loss to lease rent roll. Select units are renovated with proven renovated proforma rents. Runnymede Holiday Apartments is well located in the vibrant neighborhood of North Hollywood. Known for its artistic flair, diverse community, and convenient access to urban amenities, North Hollywood offers an enticing blend of entertainment, culture, and lifestyle opportunities. The property is located with quick access to Highway 170, The Burbank Airport, Iconic Noho Arts District, and various retail shops/centers in the immediate surrounding area. On
***Please Contact Us For An OM***Brand new construction. Have someone else help pay your mortgage. Two buildings with separate APNs can be purchased together or separately. Exceptional opportunity to acquire a luxurious multifamily property in the highly sought-after area of Sherman Oaks. This stunning property features six brand-new, impressively large townhomes, all exquisitely designed and crafted to the highest standards of modern living. The property offers an in-place Cap rate of 4.90%, the townhomes are non-rent controlled and are not subject to LA City rent control regulations. The property consists of two separate buildings on separate APNs, each with three townhomes, providing both privacy and exclusivity. Each unit offers over 2,500+ square feet of living space and features beautiful rooftop decks with stunning views of the surrounding area, perfect for entertaining and relaxation.The townhomes feature high-end finishes, including stainless steel appliances, quartz countertops, and hardwood flooring, with each unit boasting an in-unit washer/dryer, tankless water heater and a 2-car garage with direct unit access, providing added convenience and security.Don't miss out on the chance to own this exceptional multifamily property in Sherman Oaks, which represents the epito
INVESTMENT HIGHLIGHTS: Marketing Package attached under Docs. Six (6) Large Units Located on Desirable Whitsett Avenue in North Hollywood; Apartments Average 848 square feet of Space; Current Cap Rate equal to 5.06%; Unit Mix of Two 2 Bd/1Ba and Four 1 Bd/1Ba Apartments; No Seismic Retrofit Needed; Per Apartments.com : "As of April 2024, the average rent in North Hollywood, CA is $1,875 per month. This is 24% higher than the national average rent price of $1,514/month, making NorthHollywood one of the most expensive cities in the US. When you rent an apartment in North Hollywood, you can expect to pay about $1,735 per month for a studio, $1,875 for a one-bedroom apartment, and around $2,414 for a two-bedroom apartment."
THIS IS THE ONE 5 UNITS-FULLY STABILIZED: 6926 Morella Ave - Welcome to this exceptional investment opportunity that was meticulously crafted and built in 2021. Consisting of three buildings, this modern complex offers unparalleled amenities and convenience for tenants. Every unit boasts the pinnacle of comfort with central air conditioning and heating, ensuring year-round comfort. The inclusion of inside laundry facilities, along with essential appliances such as refrigerators, stoves, and dishwashers, enhances the living experience for residents. Additionally, there is plenty of parking for all units with a combination of attached 1 car garages and surface parking lot spaces. Each unit offers a generous layout with a combination of four- & three-bedroom units, accommodating various tenant needs and preferences. Whether it's families seeking spacious living or professionals desiring roomy accommodations, these units cater to a diverse range of renters. With its modern amenities, thoughtful design, and full occupancy, this investment property presents a compelling opportunity for investors looking to capitalize on a thriving rental market at a true 6.47 cap rate. Don't miss out on the chance to secure a lucrative investment in the ultra-hot NOHO neighborhood. Make this property y
Potential Medical Office / Apartment development. Teri Heravi is proud to present the Exclusive Listing at 15217 Burbank Blvd in Sherman Oaks. Just East of Sepulveda on Burbank Blvd. Property offers High Traffic and High Visibility. In close proximately of Target and Costco, Sherman Oaks Galleria. Easy access to the 405 and 101 freeways. Formerly Law Offices with 5 offices, conference room, kitchen and 2 bathrooms. 2,387 SF / 9,426SF Lot. Zoned C2-1VL. Property offers rare 14 parking spaces. Delivered Vacant.
Discover the perfect blend of commercial opportunity and residential comfort with this mixed-use property featuring a spacious front retail store boasting 50 feet of prime frontage on Lankershim Blvd. Ideal for entrepreneurs seeking high visibility and foot traffic, this property also includes a charming 2 bedroom, 1. bathroom house complete with an attached garage for two cars. Front retail building has 2 bathrooms, one in the office and one for the showroom. Whether you're looking to establish your business presence or enjoy the convenience of living and working in one location, this property offers endless possibilities.
This is an exceptional opportunity for investors to acquire premier real estate in prime Sherman Oaks location. This 10-unit apartment complex is located a half-block from fabulous shopping and dining on Magnolia Boulevard. These large townhouse style units are located in one of the most desirable rental areas of Sherman Oaks that boasts a low vacancy ratio. Tenants enjoy air conditioning, hardwood floors, fireplaces and private patios. The property recently had a new roof installed as well as having all of the soft-story retrofitting completed. There is plenty of on-site, tuck-under parking and additional income from shared laundry make this gated secure building a hidden gem in a sought-after neighborhood. Newer copper plumbing, and new A/C units. Low maintenance with strong income, plus over 43.67% potential upside in rent. It is a reposition opportunity with strong upside in rents. Excellent unit mix with historically strong occupancy. Safe residential neighborhood in Sherman Oaks California.
This commercial building has 11 bedroom and 8 bathroom. Unit 1 has 2b/1b, Unit2 has 1b/1b, Unit 3 has 2b/2b, Unit 4 has 2b/1b, Unit 5 has 1b/1b, Unit 6 has 1b/1b, Unit 7 has 2b/1b, Currently are tenant occupied. Roof is less than 5 year old. Most galvanized pipes have been replaced with copper pipes.
We are delighted to present a unique investment opportunity in the vibrant city of San Fernando. This prime location commercial property houses two productive auto repair shops, making it an attractive asset for those looking to invest in established businesses. Situated in a high-traffic area, this property enjoys excellent exposure to both local and passing traffic. This visibility, combined with the reputation of the existing auto repair businesses, ensures a steady stream of customers and consistent business activity. The two auto repair shops are long-standing tenants, providing you with a reliable and immediate source of rental income. Each shop is fully equipped and operational, with ample workspace, parking lots, and customer waiting areas. Located in a bustling part of the city, this property is surrounded by other businesses and residential areas, further enhancing its appeal and customer base. Its prime location and established tenants make this an excellent addition to any commercial portfolio. This is your chance to own a piece of San Fernando's thriving commercial scene. Don't miss out on this exciting opportunity. Contact us today for more information or to schedule a viewing.
