Rare opportunity for an investor or developer to purchase commercial property in the heart of Van Nuys. Property is zoned C2-1L, with a 52 space parking lot. This rarely available property type can be used for retail, service stations, garages, churches, schools, auto sales, apartments, condos, and hotels. Currently stands as a 5 story 30,840 sqft building on a .51 acre lot. Building is conveniently located within walking distance of shopping and dining areas with nearby businesses which include Costco, Target, Chase bank, Starbucks and many more. Located in an area that allows easy access to the 405, 118, and 101 freeways. Major cross street is Sherman way. Do not let this slip away, call now for a private showing!
- Price:
- $6,800,000
- Square Footage:
- 30,840
- Acreage:
- 0.51
- Year Built:
- 1962
- Listing ID #:
- BB22252559
- Street Address:
- 7101 S Sepulveda Blvd
- City:
- Van Nuys
- State:
- California
- Postal Code:
- 90045
- County:
- Los Angeles
- Community:
- Van Nuys
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Total Building Square Footage:
- 30840
- Year Built:
- 1962
- Approximate Lot Size Range Source:
- Assessor
- Lot Features:
- 0-1 Unit/Acre
- Lot Size:
- 22350
- Lot Square Footage:
- 22350
- Days On Market:
- 172
- On Market Date:
- 2022-12-08
- Originating Mls:
- Crmls
- Terms:
- Cash, Cash To New Loan, Conventional, 1031 Exchange, Fha, Government Loan
- Existing Water:
- Public
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Agent Phuong Lynn Tran 818-619-1178 with Equity Union
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