14242 Oxnard St 9,850 SF Retail Building Van Nuys, CA 91401 £3,363,143 (£341.44/SF)
INVESTMENT HIGHLIGHTS
- Rare Autobody & Repair Shop with Permitted Spray Booth - A unique opportunity to acquire a fully equipped and operational facility
- Current rent is over 30% below fair market value, presenting a lucrative investment opportunity
- New roof installed in September 2023, with approximately 8.5 years of warranty remaining
- Situated just north of Sherman Oaks, one block east of the Oxnard St. & Van Nuys Blvd. intersection, with over 30,870 vehicles passing daily
- Eight service bays, an improved second-floor office, and five separate electrical meters, allowing for easy division and multi-tenant use
- Current lease expires December 31, 2025, with no renewal options, offering flexibility for an owner-user or the ability to reset rents to market
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,850 SF
Building Class
C
Year Built
1986
Price
£3,363,143
Price Per SF
£341.44
Tenancy
Single
Number of Floors
2
Loading Docks
8 Exterior
Slab to Slab
11 ft
Building FAR
0.75
Lot Size
0.30 AC
Zoning
CM
Parking
14 Spaces (2.23 Spaces per 1,000 SF Leased)
Frontage
69 ft on Oxnard
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2245-018-028 | Improvements Assessment | £799,049 |
| Land Assessment | £1,229,307 | Total Assessment | £2,028,356 |
