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14432-14434 Gilmore St 3,082 SF Office Building Van Nuys, CA 91401 $1,699,999 ($551.59/SF)
INVESTMENT HIGHLIGHTS
- Private gated parking with 12 spaces for secure access
- Zoned for cannabis sales, offering additional revenue options
- Six potential exam rooms, three plumbed for dental use
- Prime Van Nuys location near major roads and dense housing
EXECUTIVE SUMMARY
The improvements consist of a single-story multi-tenant medical office building totaling approximately 3,082 square feet of commercial or medical space on an 8,246 square feet parcel. There are currently 12 parking spaces available on site in a gated, private parking lot in the back with direct access to the units.
The subject property is best suited for a medical owner/user looking to occupy a portion of the space (approximately 1,700 square feet, 55% of the building) with the option of having a tenant (which occupies approximately 1,400 SF), providing the ability to reduce overall occupancy cost or utilizing both buildings.
The current space has 6 possible dental exams rooms, 3 of which are plumbed. The dental practice currently takes 1,000 sq ft of the 1,700 available and the front portion of that building is approximately 700 sq ft. This building has 2 separate entrances for each suite but could be combined into one larger unit.
The buildings are in an area zoned for cannabis sales.
Lot size is 8,246 sq ft and structure was built in 1951.
Building was occupied up to 2022.
The subject property is best suited for a medical owner/user looking to occupy a portion of the space (approximately 1,700 square feet, 55% of the building) with the option of having a tenant (which occupies approximately 1,400 SF), providing the ability to reduce overall occupancy cost or utilizing both buildings.
The current space has 6 possible dental exams rooms, 3 of which are plumbed. The dental practice currently takes 1,000 sq ft of the 1,700 available and the front portion of that building is approximately 700 sq ft. This building has 2 separate entrances for each suite but could be combined into one larger unit.
The buildings are in an area zoned for cannabis sales.
Lot size is 8,246 sq ft and structure was built in 1951.
Building was occupied up to 2022.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
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-
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| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS In Escrow
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,082 SF
Building Class
C
Year Built
1951
Price
$1,699,999
Price Per SF
$551.59
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,082 SF
Building FAR
0.37
Lot Size
0.19 AC
Zoning
C2 - commercial
Parking
12 Spaces (3.89 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
- Signage
1 1
Walk Score®
Very Walkable (87)
PROPERTY TAXES
| Parcel Number | 2237-024-007 | Improvements Assessment | $406,201 |
| Land Assessment | $754,378 | Total Assessment | $1,160,579 |
PROPERTY TAXES
Parcel Number
2237-024-007
Land Assessment
$754,378
Improvements Assessment
$406,201
Total Assessment
$1,160,579
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14432-14434 Gilmore St
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