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6700 Van Nuys Blvd
Van Nuys, CA 91405
Retail Property For Sale
Investment Highlights
- Freestanding retail building offering approximately 1,900 square feet of functional space.
- City planning approval for redevelopment of up to 24 apartment units.
- Excellent visibility and access along Van Nuys Boulevard, a major commercial corridor.
- Situated on a substantial 10,000-square-foot lot in a prime Van Nuys location.
- Immediate usability of the existing structure while obtaining permits and plans.
- Strong investment flexibility for retail use, redevelopment, or long-term value creation.
Executive Summary
Introducing a prime investment opportunity at 6700 Van Nuys Boulevard, Van Nuys, CA 91405. This freestanding retail building offers approximately 1,900 square feet of functional space on a generous 10,000-square-foot lot, providing immediate usability while securing permits and plans for future development.
The property is strategically positioned in a high-demand area with strong redevelopment potential. City planning approval allows for the construction of up to 24 apartment units, making this an exceptional opportunity for developers seeking to capitalize on the region’s growing housing needs. Investors can benefit from the flexibility to maintain the existing retail use for income generation or transition to a multifamily project that aligns with market trends.
Located along Van Nuys Boulevard, the property enjoys excellent visibility and accessibility, surrounded by a mix of retail, residential, and commercial developments. Its proximity to major transportation routes and community amenities further enhances its appeal for both current and future uses. This is a rare chance to secure a versatile asset in a thriving Los Angeles submarket.
The property is strategically positioned in a high-demand area with strong redevelopment potential. City planning approval allows for the construction of up to 24 apartment units, making this an exceptional opportunity for developers seeking to capitalize on the region’s growing housing needs. Investors can benefit from the flexibility to maintain the existing retail use for income generation or transition to a multifamily project that aligns with market trends.
Located along Van Nuys Boulevard, the property enjoys excellent visibility and accessibility, surrounded by a mix of retail, residential, and commercial developments. Its proximity to major transportation routes and community amenities further enhances its appeal for both current and future uses. This is a rare chance to secure a versatile asset in a thriving Los Angeles submarket.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Storefront
Building Size
1,800 SF
Building Class
C
Year Built/Renovated
1932/2023
Price
$2,790,000
Price Per SF
$1,550
Percent Leased
33%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
0.23 AC
Zoning
LAC2 - Commercial LAC2
Parking
5 Spaces (2.78 Spaces per 1,000 SF Leased)
Frontage
41’ on Van Nuys Blvd
Amenities
- Signage
Property Taxes
| Parcel Number | 2237-001-009 | Improvements Assessment | $603,432 |
| Land Assessment | $1,123,632 | Total Assessment | $1,727,064 |
Property Taxes
Parcel Number
2237-001-009
Land Assessment
$1,123,632
Improvements Assessment
$603,432
Total Assessment
$1,727,064
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