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16018 Blythe St

7,275 SF Industrial Building Van Nuys, CA 91406 £2,188,227 (£301/SF) 6% Net Initial Yield

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Executive Summary

A distinctive investment opportunity in a prime industrial property located in the strategic Van Nuys submarket, nestled within the established San Fernando Valley. The property's convenient location enables excellent connectivity to the critical transport artery of the 405 freeway. Its proximity to the Van Nuys Airport bolsters value, offering direct inroads into the thriving local aviation industry. As a component of the larger Los Angeles industrial market, this property promises access to a robust economy and varied tenant base with sustained demand for industrial spaces. Ultimately, this investment provides a balanced mixture of location, accessibility, and economic advantage.

16018 Blythe St - Offering Memorandum

Property Facts

Price	£2,188,227	Rentable Building Area	7,275 SF
Price Per SF	£301	Number of Floors	1
Sale Type	Investment NNN	Year Built	1972
Net Initial Yield	6%	Tenancy	Single
Property Type	Industrial	Parking Ratio	0.32/1,000 SF
Property Subtype	Warehouse	Clear Ceiling Height	20 ft
Building Class	C	Level Access Doors	1
Lot Size	0.30 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£2,188,227
Price Per SF	£301
Sale Type	Investment NNN
Net Initial Yield	6%
Property Type	Industrial
Property Subtype	Warehouse
Building Class	C
Lot Size	0.30 AC
Rentable Building Area	7,275 SF
Number of Floors	1
Year Built	1972
Tenancy	Single
Parking Ratio	0.32/1,000 SF
Clear Ceiling Height	20 ft
Level Access Doors	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

24 Hour Access

Bus Route

Fenced Lot

1 of 1

aerial
map

16018 Blythe St, Van Nuys, CA - aerial map view - Image1

16018 Blythe St, Van Nuys, CA - aerial map view - Image2

PROPERTY TAXES

Parcel Number	2206-007-018	Improvements Assessment	£512,936
Land Assessment	£1,198,449	Total Assessment	£1,711,385

PROPERTY TAXES

Parcel Number

2206-007-018

Land Assessment

£1,198,449

Improvements Assessment

£512,936

Total Assessment

£1,711,385

zoning

Zoning Code	LAM2 (LA City M2 zoning allows for multiple uses including but not limited to stone cutting and fabrication, machine shops, woodworking, and recycling.)
LAM2 (LA City M2 zoning allows for multiple uses including but not limited to stone cutting and fabrication, machine shops, woodworking, and recycling.)