4531 Van Nuys Blvd 3,910 SF 100% Leased Retail Building Sherman Oaks, CA 91403 $1,826,000 ($467.01/SF) 5.90% Cap Rate

PRIME MIXED-USE INVESTMENT OPPORTUNITY – SHERMAN OAKS
Exceptional opportunity to acquire a well-positioned mixed-use property at 4531 Van Nuys Blvd, combining established commercial tenancy with a spacious residential/live-work component in a highly desirable location.
The ground floor features two retail storefronts, currently occupied by a pet grooming business and a smoke shop, both operating under NNN leases, providing an attractive income structure for an investor.
The property also features an approximately 1,800-square-foot residential unit offering 3 bedrooms, 2 bathrooms, plus a separate office. Generously sized and versatile, the residence offers the flexibility to function as a traditional apartment, owner-user residence, or an ideal live/work space.
Strategically located directly across from Gelson’s Market and within walking distance of Ventura Boulevard’s shopping, restaurants, cafés, and fine dining, the property benefits from excellent visibility, accessibility, and proximity to one of the Valley’s most active commercial corridors.
With its combination of NNN retail income, residential versatility, and strong location, this property presents a compelling opportunity for both investors and owner-users. Based on pro forma income projections, the property has the potential to generate a cap rate exceeding 6%, offering an attractive blend of current income and long-term upside.