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Major Price Reduction 10941 La Tuna Cyn 41,114 SF Industrial Building Sun Valley, CA 91352 $12,500,000 ($304.03/SF)



Investment Highlights
- Warehouse Efficiency: 20' Clear Height, Fully Sprinklered
- Excellent Access: Situated on a corner lot with 5 points of ingress/egress
- Modern Construction: High-image concrete tilt-up design
- Sustainability: Equipped with solar panels to offset utility costs
- Ample Parking: 86 car parking spaces for employees and visitors
- Heavy Power: 800 amps, 240 volt, 3-phase electrical service
Executive Summary
Offered for sale at $12,500,000, this high image corporate headquarters opportunity combines a functional industrial backbone with a prominent office heavy presence in the San Fernando Valley’s Sun Valley submarket of Los Angeles. The concrete tilt up facility totals approximately 41,114 square feet on a 77,981 square foot corner parcel and was formerly the U.S. headquarters of De Rigo Vision, giving the asset an established corporate pedigree. The property features a highly functional layout with roughly 29,700 square feet of improved office space supported by approximately 11,400 square feet of warehouse, all served by full mechanical HVAC and wet fire sprinkler coverage throughout. [attachment (34) | PDF]
Industrial functionality includes 20 foot clear height and four grade level loading doors, providing efficient loading and circulation for light manufacturing, assembly, distribution or service operations. A fully fenced yard, skylights that enhance natural light, and a mix of asphalt and concrete paving further support operational flexibility. Electrical service of approximately 800 amps at 240 volts, three phase, together with rooftop solar panels, positions the asset for users seeking robust power and energy consciousness. Extensive on site parking for roughly 82 vehicles, with a parking ratio of about 1.22 per 1,000 rentable square feet, supports sizeable office and operational staffing. [attachment (34) | PDF]
Located in Los Angeles County, the property draws from a dense labor and customer base, with more than 500,000 residents and strong six figure average household incomes within a five mile radius. Its Sun Valley location provides convenient access to major regional freeways and key employment centers throughout the San Fernando Valley and greater Los Angeles area, as well as proximity to regional air service at Hollywood Burbank Airport. For an investor or an owner user seeking a highly recognizable headquarters style facility with a strong industrial underpinning, 10941 La Tuna Canyon Road offers a compelling combination of image, infrastructure and infill Los Angeles positioning. This property is also for lease.
Industrial functionality includes 20 foot clear height and four grade level loading doors, providing efficient loading and circulation for light manufacturing, assembly, distribution or service operations. A fully fenced yard, skylights that enhance natural light, and a mix of asphalt and concrete paving further support operational flexibility. Electrical service of approximately 800 amps at 240 volts, three phase, together with rooftop solar panels, positions the asset for users seeking robust power and energy consciousness. Extensive on site parking for roughly 82 vehicles, with a parking ratio of about 1.22 per 1,000 rentable square feet, supports sizeable office and operational staffing. [attachment (34) | PDF]
Located in Los Angeles County, the property draws from a dense labor and customer base, with more than 500,000 residents and strong six figure average household incomes within a five mile radius. Its Sun Valley location provides convenient access to major regional freeways and key employment centers throughout the San Fernando Valley and greater Los Angeles area, as well as proximity to regional air service at Hollywood Burbank Airport. For an investor or an owner user seeking a highly recognizable headquarters style facility with a strong industrial underpinning, 10941 La Tuna Canyon Road offers a compelling combination of image, infrastructure and infill Los Angeles positioning. This property is also for lease.
Property Facts
| Price | $12,500,000 | Rentable Building Area | 41,114 SF |
| Price Per SF | $304.03 | No. Stories | 2 |
| Sale Type | Investment or Owner User | Year Built | 1979 |
| Sale Condition | 1031 Exchange | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.99/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 20’ |
| Building Class | B | No. Drive In / Grade-Level Doors | 4 |
| Lot Size | 1.79 AC | ||
| Zoning | M1 - Limited Industrial Zone | ||
| Price | $12,500,000 |
| Price Per SF | $304.03 |
| Sale Type | Investment or Owner User |
| Sale Condition | 1031 Exchange |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | B |
| Lot Size | 1.79 AC |
| Rentable Building Area | 41,114 SF |
| No. Stories | 2 |
| Year Built | 1979 |
| Tenancy | Single |
| Parking Ratio | 1.99/1,000 SF |
| Clear Ceiling Height | 20’ |
| No. Drive In / Grade-Level Doors | 4 |
| Zoning | M1 - Limited Industrial Zone |
Amenities
- 24 Hour Access
- Courtyard
- Fenced Lot
- Mezzanine
- Signage
- Skylights
- Air Conditioning
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Rem Optical Co
- Wholesaler
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Rem Optical Co | Wholesaler | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Entire 41,114 square foot building for lease. Space is not divisible.
Entire 41,114 square foot building for lease. Space is not divisible.
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 26,114 SF | Flex | Full Build-Out | Now |
| 2nd Floor | 15,000 SF | Flex | Partial Build-Out | Now |
1st Floor
| Size |
| 26,114 SF |
| Space Use |
| Flex |
| Condition |
| Full Build-Out |
| Available |
| Now |
2nd Floor
| Size |
| 15,000 SF |
| Space Use |
| Flex |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 26,114 SF |
| Space Use | Flex |
| Condition | Full Build-Out |
| Available | Now |
Entire 41,114 square foot building for lease. Space is not divisible.
2nd Floor
| Size | 15,000 SF |
| Space Use | Flex |
| Condition | Partial Build-Out |
| Available | Now |
Entire 41,114 square foot building for lease. Space is not divisible.
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Property Taxes
| Parcel Number | 2408-004-029 | Improvements Assessment | $4,554,703 |
| Land Assessment | $6,832,056 | Total Assessment | $11,386,759 |
Property Taxes
Parcel Number
2408-004-029
Land Assessment
$6,832,056
Improvements Assessment
$4,554,703
Total Assessment
$11,386,759
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Major Price Reduction | 10941 La Tuna Cyn
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