Body Shop - Automotive Owner-User Opportunity | 14520 Delano St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Body Shop - Automotive Owner-User Opportunity 14520 Delano St
5,000 SF Retail Building Van Nuys, CA 91411 $2,500,000 ($500/SF)
Investment Highlights
- Versatile Automotive Use Building Totaling 5,000 SF with High Ceilings, Spray Booth and a Variety of Possible Uses Situated Upon 7,544 SF of Land
- Variety of Allowable Automotive/Industrial Uses – Los Angeles City [Q] C2-1VL -CDO
- Affluent 5-Mile Demographics: 696,188 Population and Average Household Income of $106,546
- SBA 504 Financing Available, Down Payments of 10-15%and New SBA Incentives
- Less than 2 Miles From the 405 Freeway and Los Angeles Valley College (16,194 Students)
- Highly Desirable Auto Body Shop Use in High Barrier to Entry Market of Van Nuys / San Fernando Valley (Los Angeles)
Executive Summary
The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a rare opportunity to acquire a highly desirable automotive-use commercial building located in the city of Van Nuys (Los Angeles). Due to the variety of auto-related uses the building can accommodate (body repair/body paint w/spray- booth/auto service/auto parts sales/ industrial warehouse/distribution) this value-added or potential owner-user asset will give the new ownership the ability to reposition and/or occupy the subject property. The subject property comprises of approximately 5,000 SF of building situated upon 7,544 SF of land.
An Owner/User can obtain favorable Small Business Administration (SBA) Financing. Effectively, it may be more economical to own the building rather than to lease space considering the low down payment needed (10-15%) coupled with potential tax advantages of real estate ownership.
Strategically located on Delano St and Van Nuys Blvd, the site benefits from a combined 59,439 cars per day, less than 2 miles from the 405 free way and located in a highly dense trade area. Affluent 3-Mile Demographics, 292,202 population and an average household income of $101,853.
An Owner/User can obtain favorable Small Business Administration (SBA) Financing. Effectively, it may be more economical to own the building rather than to lease space considering the low down payment needed (10-15%) coupled with potential tax advantages of real estate ownership.
Strategically located on Delano St and Van Nuys Blvd, the site benefits from a combined 59,439 cars per day, less than 2 miles from the 405 free way and located in a highly dense trade area. Affluent 3-Mile Demographics, 292,202 population and an average household income of $101,853.
Property Facts Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,000 SF
Building Class
C
Year Built
1929
Price
$2,500,000
Price Per SF
$500
Tenancy
Single
Building Height
1 Story
Slab To Slab
11’
Building FAR
0.68
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C2-4 - Commercial
Parking
8 Spaces (1 Space per 1,000 SF Leased)
Amenities
- Bus Line
- Signage
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (75)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 2241-020-009 | Improvements Assessment | $536,099 |
| Land Assessment | $1,061,479 | Total Assessment | $1,597,578 |
PROPERTY TAXES
Parcel Number
2241-020-009
Land Assessment
$1,061,479
Improvements Assessment
$536,099
Total Assessment
$1,597,578
1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Body Shop - Automotive Owner-User Opportunity | 14520 Delano St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.