Agoura Hills Medical and Dental Building. Approximately 14,000 sq. ft. Well maintained with over 70 parking spaces. Easy access to the 101 Freeway. Approximately 65% occupied. Beautifully landscaped on 3/4 +/- acres. Built in 1996, first time ever for sale. Additional storage in the subterranean parking area. Contact broker for leasing information. Property website: http://www.agourahillsmedical.com/mls/135950626
We are pleased to present a sixteen-unit multifamily property located in a desirable Lake Balboa/Van Nuys location. Built in 1959 the building is made up of thirteen (1Bed+1Bath), two (2Bed+1Bath) and one Studio. Located on Vanowen Street, just East of White Oak Ave., the property provides residents a central location to much of the San Fernando Valley and Greater LA area. This property is conveniently close to local amenities, schools, and transportation options. Birmingham Community High School, Mulholland Middle School and Sepulveda Basin Recreation Area are some notable destinations nearby. Sherman Oaks Galleria and Sherman Oaks RecreationArea are also a short drive away. Major freeway access to 101 and 405 freewaysis also convenient and close by. The property offers residents spacious floorplans, ample closet space, wall AC & Heating units as well as a courtyard with a pool, on-site laundry facilityand gated carport/open parking. This is a great opportunity to own a well located, corner property that offers significant upside as units turn.
Nestled in the heart of Simi Valley, California, 910-958 Ashland Ave encompasses four charming two-story apartment buildings. These timeless properties, dating back to the early 1960s, offer a distinctive unit mix that caters to a variety of tenant preferences, including (16) Studio units, (16) One-bedroom One-bathroom units, and (4) Two-bedroom One-bathroom units. The thoughtful design of these buildings ensures that residents enjoy a comfortable and hassle-free living experience. Each building is conveniently identified with its individual Assessor's Parcel Number (APN), providing clarity and ease of management.One of the standout features of 910-958 Ashland Ave is its unparalleled location adjacent to the bustling Simi Mall. Residents of this community benefit from seamless access to a plethora of high-end shopping boutiques, delectable dining establishments, and vibrant entertainment venues that abound in the vicinity. Moreover, the property is thoughtfully positioned in close proximity to a scenic lake and an array of hiking trails, offering residents abundant opportunities for outdoor enjoyment and recreation.The compelling combination of well-maintained structures, a strategic location in the heart of Simi Valley, and a unique unit mix positions 910-958 Ashland Ave as an i
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......
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.
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!
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.
0.44 acres available for sale 9320 SF Retail Building, automotive bays with 30' high rollup doors at 8646 Sepulveda Blvd. This lot is combined with and must be sold with 8646 Sepulveda, as contiguous properties. Please review the listing for 8646 Sepulveda.
First time on market in over 40 years. Absolutely prime for affordable housing development, or owner user or for any of the below developments or use as auto service bays with 30 feet height with rollup doors, offices, break room and sales offices. Close to the 405, 101, 134, 170, 210 and 118 freeways. This location would be an excellent site as a satellite sales center as an auto dealership, mixed use multifamily over retail development. Rare infill 1.32 acre of LAC2 zoned property perfect for owner user or as an investment or redevelopment as multifamily, automotive, car wash, service station, auto body shop, RV storage and repair, RV service, self storage, auto dealer sales lot, medical clinic development, shopping center development, LIHTC multifamily development, retail small box, grocery outlet, fast food, drive thru, car wash, convenience store, gas station, hotel, assisted living, seniors age restricted residential development and much more. Developers and buyers to verify the above uses. Owner, its agents, brokers make no warranties expressed or implied as to the permitted uses by the City of Los Angeles Planning Department. Must be sold with 8628 Sepulveda for a total land size of 1.76 acres. Please submit highest and best price.
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.
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
An amazing investment opportunity with significant upside potential, 8710 Kester in Panorama City is within a half mile of the Primestor-planned Panorama City Center, whose approx. 5 million square feet redevelopment project brings a dynamic mixed-use environment including shopping, sit-down restaurants, health and wellness services, event gathering destinations, a range of housing options, and remote working areas. Kester will be equally close to the planned East San Fernando Valley Light Rail Line, with a planned Metro stop at the City Center. With a diversified mix of two 3/3 and eight 2/3 unique townhome-style, plus three 2/2, and two 1/1 single level apartments, these well-maintained 15 units built in 1962 offer exceptional roominess (averaging 1217sf per unit) over 18,255sf GLA on a 21,622sf lot. Boasting 15 covered parking spots, newer roof, central AC and all-copper plumbing, these fully-occupied, all-electric units sit in the heart of this local redevelopment boom, with hundreds of apartments recently built (Panorama Tower) or slated for development along with another nearby proposed mixed use Icon at Panorama project (adjacent to the Panorama City Center). whose almost-600,000sf residential/retail combination will make 8710 Kester a highl
15285 Sutton Street is a 19-unit apartment community located in a premier Sherman Oaks neighborhood. The building is on a tree-lined street and boasts great freeway access to the 405. The offering allows investors to acquire an irreplaceable turn-key asset in one of LA's most dynamic and stable markets. The property is well-maintained and has incredible curb appeal. The unit interiors offer a blend of midcentury style with modern convenience. Their vintage style offers ample cabinet and storage space in their open layout. Many units have a balcony with great natural light throughout. Ownership has just completed the buildout of three brand-new ADUs, totaling 1,416 additional square feet. The designs are modern, with brand-new bathrooms, kitchens, appliances, flooring, and sleek fixtures. Ownership has achieved great rents and set a model for future income.15286 Sutton Street is being offered for sale at a 6.2% Cap Rate and 11.2 GRM. The property is master-metered for electricity, water, and gas. Current ownership has implemented a RUBs System (Ratio Utility Billing System). The property is well-parked, with 15 onsite parking spaces. Soft-Story retrofit was completed in 2019. This building is located right off Sepulveda, two blocks south of Ventura Boulevard. It is close to Whole
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.
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
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
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 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.
IMPROVED PRICING AS SELLER HAS FOUND THEIR UPLEG -- PROPERTY IS PRICED TO SELL AND FEATURES THE LOWEST GRM AND HIGHEST CAP RATE AVAILABLE IN SHERMAN OAKS. More than 78% of the unit interiors have been thoroughly upgraded, featuring new amenities such as custom Calacatta quartz countertops, French Oak-inspired wood flooring, stainless steel appliances, and completely remodeled bathrooms. A new investor may be able to benefit from the already-completed upgrades to realize consistent income improvement, as area rents have steadily increased even in the short time since these renovations were completed. Moreover, a new owner can conduct a similar revitalization of the remaining three apartments to potentially recapture approximately 15% in rent upside. Because nearly all of the units are currently leased at or near market rent levels, the effects of local rent control have been essentially removed, leaving the new owner a market rental base similar to that of a non-rent controlled asset. Located near the intersection of Valleyheart Drive and Kester Avenue, the building sits only four blocks from the fine dining and premium boutiques along world renowned Ventura Boulevard. The property features spacious floorplans covering approximately 12,925 square feet across the 14 units. Recent m
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.
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.
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.
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
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.
