14117-14123 Bessemer St
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14117-14123 Bessemer St
4,904 SF Vacant Industrial Building Van Nuys, CA 91401 $1,975,000 ($403/SF)
Investment Highlights
- Rare Single Tenant/Owner-User Industrial Warehouse Opportunity | Delivered Vacant at COE
- Versatile M2 Underlying Zoning | Wide Array of Permitted Industrial/Commercial Uses
- Secure Privately Gated Parking/Loading Area | Accommodates up to 5 Parking Vehicles (~1.02/1,000 SF)
- Abundant Natural Light | 6 Skylights Throughout the Warehouse
- 12’ – 19’ Warehouse Clearance | 120/240 V 3P Power | 1 x Ground Level Loading Door
- Dense Infill Van Nuys Industrial Submarket | Sub 3% Market Vacancy
Executive Summary
Marcus & Millichap is pleased to present 14117-14123 Bessemer Street, a premier single-tenant/owner-user industrial property
offering approximately 4,904 square feet in the highly soughtafter Van Nuys submarket. This strategically located property
sits on a 0.14-acre M2-2 zoned parcel and features a bow truss ceiling with a generous warehouse clear height ranging from 12’ to 19’. Key attributes include one grade-level loading door, 120/240V 3 Phase Power, and a detached office building of 504 square feet, divided into two offices and a restroom. The open warehouse layout includes two restrooms in the southeast corner, along with six skylights that flood the space with natural light. A fenced, concrete parking lot accommodates up to five vehicles.
14117-14123 Bessemer Street will be delivered vacant at the close of escrow allowing an owner/user or investor to capitalize
on a dense infill submarket with extremely tight vacancy rates and strong historical YOY rent growth. This is an exceptional
opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent.
Located near major employers, including prominent entertainment studios, 14117-14123 Bessemer Street benefits from strong local
demand, supported by compelling demographics—684,231 residents and an average household income of $107,217 within a 5-mile radius. Additionally, the property enjoys excellent freeway access, situated just 2.1 miles from the 405 Freeway and 2.2 miles from the 101 Freeway.
offering approximately 4,904 square feet in the highly soughtafter Van Nuys submarket. This strategically located property
sits on a 0.14-acre M2-2 zoned parcel and features a bow truss ceiling with a generous warehouse clear height ranging from 12’ to 19’. Key attributes include one grade-level loading door, 120/240V 3 Phase Power, and a detached office building of 504 square feet, divided into two offices and a restroom. The open warehouse layout includes two restrooms in the southeast corner, along with six skylights that flood the space with natural light. A fenced, concrete parking lot accommodates up to five vehicles.
14117-14123 Bessemer Street will be delivered vacant at the close of escrow allowing an owner/user or investor to capitalize
on a dense infill submarket with extremely tight vacancy rates and strong historical YOY rent growth. This is an exceptional
opportunity for an owner-user to acquire and immediately occupy the space. Attractive 90% LTV SBA financing is available for qualified buyers. Alternatively, a value-add investor has the ability to secure an asset in a high-demand submarket and stabilize it at market rent.
Located near major employers, including prominent entertainment studios, 14117-14123 Bessemer Street benefits from strong local
demand, supported by compelling demographics—684,231 residents and an average household income of $107,217 within a 5-mile radius. Additionally, the property enjoys excellent freeway access, situated just 2.1 miles from the 405 Freeway and 2.2 miles from the 101 Freeway.
Property Facts
| Price | $1,975,000 | Rentable Building Area | 4,904 SF |
| Price Per SF | $403 | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1951 |
| Property Type | Industrial | Parking Ratio | 1.02/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 19 FT |
| Building Class | C | No. Drive In / Grade-Level Doors | 1 |
| Lot Size | 0.14 AC | Opportunity Zone |
Yes
|
| Price | $1,975,000 |
| Price Per SF | $403 |
| Sale Type | Investment or Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.14 AC |
| Rentable Building Area | 4,904 SF |
| No. Stories | 1 |
| Year Built | 1951 |
| Parking Ratio | 1.02/1,000 SF |
| Clear Ceiling Height | 19 FT |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
Walk Score ®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 2240-023-014 | Improvements Assessment | $82,413 |
| Land Assessment | $40,346 | Total Assessment | $122,759 |
PROPERTY TAXES
Parcel Number
2240-023-014
Land Assessment
$40,346
Improvements Assessment
$82,413
Total Assessment
$122,759
zoning
| Zoning Code | LAM2-2 |
| LAM2-2 |
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14117-14123 Bessemer St
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