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14546 Hamlin St
Van Nuys, CA 91411
Office Property For Sale
Investment Highlights
- Existing income and occupancy flexibility support both owner-user and value-add acquisition strategies.
- Secured subterranean parking provides a valuable amenity for tenants, employees, and visitors.
- Convenient access to the 405, 101, and 170 freeways enhances regional connectivity.
- Recent upgrades include a new roof, HVAC improvements, remodeled restrooms, and refreshed common areas.
- Existing vacancy and lease rollover create opportunities for future leasing and occupancy growth.
- Opportunity Zone location near the Van Nuys Civic Center supports long-term investment appeal.
Executive Summary
14546 Hamlin Street presents an opportunity to acquire a three-story office property in the heart of Van Nuys, California. Offered at $7,300,000, the asset appeals to both owner-users and value-add investors through its combination of in-place income, occupancy flexibility, and recent capital improvements. Existing vacancy, near-term lease expirations, and month-to-month tenancy create the potential for a buyer to increase occupancy while maintaining rental income from existing tenants.
Recent ownership improvements include a new roof, new air conditioning systems, remodeled restrooms, updated lobby elements, interior paint and flooring enhancements, and garage floor power washing. The property also features secured subterranean parking and elevator service.
Strategically located near the Van Nuys Civic Center with convenient access to the 405, 101, and 170 freeways, the property benefits from strong regional connectivity throughout the San Fernando Valley and Greater Los Angeles. Opportunity Zone status, transit-oriented planning designations, and proximity to government, professional, medical, and business services further support the property's long-term appeal for investors and owner-occupants seeking a well-positioned office asset.
Recent ownership improvements include a new roof, new air conditioning systems, remodeled restrooms, updated lobby elements, interior paint and flooring enhancements, and garage floor power washing. The property also features secured subterranean parking and elevator service.
Strategically located near the Van Nuys Civic Center with convenient access to the 405, 101, and 170 freeways, the property benefits from strong regional connectivity throughout the San Fernando Valley and Greater Los Angeles. Opportunity Zone status, transit-oriented planning designations, and proximity to government, professional, medical, and business services further support the property's long-term appeal for investors and owner-occupants seeking a well-positioned office asset.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
24,723 SF
Building Class
C
Year Built
1988
Price
$7,300,000
Price Per SF
$295.27
Percent Leased
79%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,228 SF
Slab To Slab
11’
Building FAR
1.67
Lot Size
0.34 AC
Opportunity Zone
Yes
Zoning
CR-1VL-CDO - Office Building
Parking
46 Spaces (1.8 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Property Manager on Site
- Security System
- Air Conditioning
- Smoke Detector
- On-Site Security Staff
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,531,102 | |
| Land Assessment | $2,406,016 | Total Assessment | $3,937,118 |
Property Taxes
Parcel Numbers
Land Assessment
$2,406,016
Improvements Assessment
$1,531,102
Total Assessment
$3,937,118
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