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16102-16116 Hart St
Van Nuys, CA 91406
Berkus Business Complex · Flex Property For Sale
Investment Highlights
- Fully occupied 14,678 SF industrial property with eight functional units, providing immediate cash flow and stability.
- Highly functional specifications including 14-foot clear heights, heavy power (2,400 amps, 3-phase), ground-level loading, and 100% climate control.
- Zoning flexibility (QMR1-1 & QP-1) accommodating a broad spectrum of industrial and commercial uses.
- Built-in rent growth through contractual annual escalations and in-place CAP rate of 5.76%, trending to 6.12% in Year 2.
- Favorable infill location with convenient access to the 405, 101, and 118 freeways and less than one mile from Van Nuys Airport.
Property Facts
| Property Type | No. Stories | 2 | |
| Building Class | C | Year Built | 1989 |
| Lot Size | 0.49 AC | Parking Ratio | 1.98/1,000 SF |
| Rentable Building Area | 22,939 SF | Clear Ceiling Height | 14’ |
| Zoning | QMR1 - light industrial | ||
| Property Type | |
| Building Class | C |
| Lot Size | 0.49 AC |
| Rentable Building Area | 22,939 SF |
| No. Stories | 2 |
| Year Built | 1989 |
| Parking Ratio | 1.98/1,000 SF |
| Clear Ceiling Height | 14’ |
| Zoning | QMR1 - light industrial |
Amenities
- 24 Hour Access
- Controlled Access
- Fenced Lot
- Security System
- Signage
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Number | 2224-024-028 | Improvements Assessment | $1,079,823 |
| Land Assessment | $581,436 | Total Assessment | $1,661,259 |
Property Taxes
Parcel Number
2224-024-028
Land Assessment
$581,436
Improvements Assessment
$1,079,823
Total Assessment
$1,661,259
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