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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
- Qualifies for Reduced Parking Requirements Due to State Enterprise Zone Designation
- Owner/User or Development Opportunity: Short Term & Month-To-Month Leases Allowing for Immediate Repositioning
- Versatile Underlying Zoning – C2-1VL
- Tremendous Intrinsic Land Value: Development Potential: Up to 62 Units By- Right & 86 Units with State Density Bonus
Property Facts
Property Type
Office
Property Subtype
Medical
Building Size
8,400 SF
Building Class
B
Year Built
1972
Percent Leased
100%
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 | $1,326,510 |
| Land Assessment | $2,865,261 | Total Assessment | $4,191,771 |
Property Taxes
Parcel Number
2224-025-027
Land Assessment
$2,865,261
Improvements Assessment
$1,326,510
Total Assessment
$4,191,771
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