14117-14123 Bessemer St - Warehouse FOR SALE


Van Nuys, CA 91401
$1,975,000 USD
818-212-2776
14117-14123 Bessemer St, Van Nuys, CA for Sale
$1,975,000 USD
Warehouse - FOR SALE
1/22
null | Request Cap Rate

14117-14123 Bessemer St
Van Nuys, CA 91401


HIGHLIGHTS

  • Rare Single Tenant/Owner-User Industrial Warehouse Opportunity | Delivered Vacant at COE
  • Abundant Natural Light | 6 Skylights Throughout the Warehouse
  • Versatile M2 Underlying Zoning | Wide Array of Permitted Industrial/Commercial Uses
  • 12’ – 19’ Warehouse Clearance | 120/240 V 3P Power | 1 x Ground Level Loading Door
  • Secure Privately Gated Parking/Loading Area | Accommodates up to 5 Parking Vehicles (~1.02/1,000 SF)
  • Dense Infill Van Nuys Industrial Submarket | Sub 3% Market Vacancy

OVERVIEW

Marcus & Millichap is pleased to present 14117-14123 Bessemer Street, a premier single-tenant/owner-user industrial property offering approximately 4,904 square feet in the highly soughtafter Van Nuys submarket. This strategically located property sits on a 0.14-acre M2-2 zoned parcel and features a bow truss ceiling with a generous warehouse clear height ranging from 12’ to 19’. Key attributes include one grade-level loading door, 120/240V 3 Phase Power, and a detached office building of 504 square feet, divided into two offices and a restroom. The open warehouse layout includes two restrooms in the southeast corner, along with six skylights that flood the space with natural light. A fenced, concrete parking lot accommodates up to five vehicles. 14117-14123 Bessemer Street will be delivered vacant at the close of escrow allowing an owner/user or investor to capitalize on a dense infill submarket with extremely tight vacancy rates and strong historical YOY rent growth. This is an exceptional opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent. Located near major employers, including prominent entertainment studios, 14117-14123 Bessemer Street benefits from strong local demand, supported by compelling demographics—684,231 residents and an average household income of $107,217 within a 5-mile radius. Additionally, the property enjoys excellent freeway access, situated just 2.1 miles from the 405 Freeway and 2.2 miles from the 101 Freeway.

FOR SALE DETAILS

PRICE

$1,975,000 USD

PRICE/SF

$403 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

UTILITIES

-

CLEAR CEILING HT

19 Ft

DOCKS

-

DRIVE INS

1

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14

LAND SF

6,225

ZONING

LAM2-2

APN/PARCEL ID

2240-023-014

ASK ABOUT THIS PROPERTY

Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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Brin HamblinAgnew | Serling GroupMore Info
818-212-2776

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