16115-16119 Vanowen St | Van Nuys, CA 91406
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- LoopNet Team
16115-16119 Vanowen St
Van Nuys, CA 91406
Office Property For Sale
INVESTMENT HIGHLIGHTS
- Rare Medical Office/Retail Building in Central San Fernando Valley
- Ample Parking: 4.05 / 1,000 SF | Versatile Underlying Zoning – C2-1VL
- Tremendous Intrinsic Land Value: Development Potential: Up to 62 Units By- Right & 86 Units with State Density Bonus
- Owner/User or Development Opportunity: Short Term & Month-To-Month Leases Allowing for Immediate Repositioning
- Qualifies for Reduced Parking Requirements Due to State Enterprise Zone Designation
- Great Visibility & High Traffic Counts - Over 30,000 Vehicles Per Day @ the Intersection of Vanowen St and Woodley Ave
PROPERTY FACTS
Property Type
Office
Property Subtype
Medical
Building Size
8,400 SF
Building Class
B
Year Built/Renovated
1972/2018
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
8,400 SF
Building FAR
0.34
Lot Size
0.57 AC
Zoning
C2 - The underlying zoning permits a wide variety of commercial uses including, Medical Office, Professional Office, Retail, and Multifamily Residential.
Parking
43 Spaces (4.05 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 2224-025-027 | Improvements Assessment | $1,300,500 |
| Land Assessment | $2,809,080 | Total Assessment | $4,109,580 |
PROPERTY TAXES
Parcel Number
2224-025-027
Land Assessment
$2,809,080
Improvements Assessment
$1,300,500
Total Assessment
$4,109,580
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