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14649 Victory Blvd
Van Nuys, CA 91411

Victory Van Nuys Medical Dental Plaza · Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Medical
Building Size
11,075 SF
Building Class
C
Year Built
1983
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,538 SF
Building FAR
0.42
Lot Size
0.60 AC
Zoning
LAC2
Parking
35 Spaces (3.44 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

ABOUT 14649 VICTORY BLVD , VAN NUYS, CA 91411

Marcus and Millichap is pleased to present the Victory-Van Nuys Medical Dental Plaza, a well-maintained medical office in the heart of Van Nuys. An excellent opportunity for an owner-user,the offering includes an approximately 10,187 SF 3-story medical building with parking on the first floor, and an approximately 888 SF stand-alone commercial building on the same lot. The property currently has a number of long-term tenants on month to month leases. A new owner has flexibility to occupy a portion of the building, while taking advantage of significant rental upside from the remaining tenants. There is currently up to 7,000 SF of contiguous space available on the third floor for a user to occupy. The property has a total of 53 gated parking spaces, 16 of which are covered (4.8/1000). The offering also presents an excellent opportunity for a value-add investor seeking to capitalize on upside in rents. Originally built in 1983, the property has been renovated and well maintained, currently featuring elevator service, a recently repainted exterior, and new A/C units in the last two years. The Victory-Van Nuys Medical Dental Plaza enjoys a prime location near the busy intersection of Victory Blvd and Van Nuys Blvd, with traffic counts of over 36,000 vehicles / day. The property also enjoys easy access to the 405, 101 and 170 Freeways.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2236-022-026
Land Assessment
$995,725
Improvements Assessment
$1,451,447
Total Assessment
$2,447,172
  • Listing ID: 9207994

  • Date on Market: 9/18/2017

  • Last Updated:

  • Address: 14649 Victory Blvd, Van Nuys, CA 91411

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