14248-14248 1/2 Oxnard St - Storefront FOR SALE


Van Nuys, CA 91401
$1,200,000 USD
818-203-5429
14248-14248 1/2 Oxnard St, Van Nuys, CA for Sale
$1,200,000 USD
Storefront - FOR SALE
1/23
null | Request Cap Rate

14248-14248 1/2 Oxnard St
Van Nuys, CA 91401


HIGHLIGHTS

  • Spectrum Commercial is pleased to present this two structure mixed-use multifamily / commercial complex situated on a large fenced and secured parcel.
  • The area offers excellent demographics and a high walk score.
  • Oxnard Street sees a high traffic count with more than 32,300 car passing daily.
  • This presents an excellent owner-user opportunity, catering to an abundance of operations on-site.

OVERVIEW

Spectrum Commercial Real Estate is pleased to present 14248 - 14248 1/2 Oxnard Street to the market with a major price reduction/ priced to move. This is a premier mixed-use owner/ user or investment opportunity in a prime Van Nuys location with Sherman Oaks adjacent. This is a multifamily and commercial structure complex situated on a large fenced-in and secured parcel. Building A: Two-tenant commercial buildings. Unit A is 1,326 square feet (currently vacant), and Unit B is 408 square feet, last leased through December 31, 2024. The building features well-designed and flexible designs, ample power, excellent visibility along Oxnard Street, front glass windows (currently covered), potential building and pylon signage, and fenced and secured parking. Building B: Multifamily residential tri-plex + one non-conforming unit. The building is fully renovated and fully furnished with appliances, new flooring, and two new tankless water heaters. The tri-plex is leased through Airbnb on a short-term basis; the non-conforming unit is leased to an office with storage space; the rear covered storage area is occupied by the non-conforming unit tenant. The property is located in a prime Van Nuys location, adjacent to Sherman Oaks. It has excellent demographics and a walk score. There are high traffic counts, ±32,300 CPD via Oxnard Street. The property is close to local amenities, restaurants, the Van Nuys Courthouse, public transportation, the Orange Line Station, Hotels, Van Nuys Airport, Sherman Oaks Fashion Square Mall, schools, daycare, and fitness centers. It is also minutes from the 405 and 101 freeway onramps.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$415 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Showroom, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,684 SF

ZONING

LACM

APN/PARCEL ID

2245-018-003

ASK ABOUT THIS PROPERTY

Yair HaimoffSpectrum Commercial Real Estate, Inc.More Info
818-203-5429

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Yair HaimoffSpectrum Commercial Real Estate, Inc.More Info
818-203-5429

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