Property Listing No Longer Available for Sale

14526 Hamlin Street, Van Nuys, CA

Shopping Center for Sale - $1,000,000 - 4,089 Sq. Ft. on 0.18 acres


Property Info

CIMLS#803737
Location
  14526 Hamlin Street
  Van Nuys CA 91411
UpdatedApril 29th, 2016
TypeShopping Center
Price$1,000,000
Building4,089 Sq. Ft.
Land0.18 acres

Property Description

Sperry Van Ness is pleased to represent a mixed use retail/residential opportunity which consist of two buildings. The front building has three retail stores on the street with a small office space in the back and 3-4 parking space in the back of the building and two residential units on second story one of the units is a single unit has 1 bath and den and other unit has 1 bed/1 bath with den. The second building located at the rear is a single family residential with 2 bed/1 bath, den, garage, and a small back yard located in very desirable location in downtown district of Van Nuys city close to court, municipal, and city hall.

Buyer Must Verify All Information.

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Location Description:

Back In The Market-Van Nuys is a densely urban neighborhood (based on population density) located in Los Angeles, California. Van Nuys is bordered on the north by North Hills, on the northeast by Panorama City, on the east by Valley Glen, on the south by Sherman Oaks, on the southwest by the Sepulveda Basin, on the west by Lake Balboa and on the northwest by Northridge. Its street and other boundaries are Roscoe Boulevard on the north, Sepulveda Boulevard, the Tujunga Wash, Woodman Avenue and Hazeltine Avenue on the east, Oxnard Street on the south, the Sepulveda Basin on the southwest and Odessa and Hayvenhurst avenues and Balboa Boulevard on the west.

Highlights:

>> 6.41% Cap Rate/ Loan Is Ready To Proceed Need A Qualified Buyer Leases Below Market /Need A Good Management Historical Tenant With No Increase Over The Years & Well Maintained/Fully Occupied Buyer May to Cooperate with Seller's 1031 exchange. Property Can Be Inspected With A Qualified & Interested Buyer A Big Lot with 7,800 Square Feet & 4,089 Square Feet Building The Second Property From Van Nuys Boulevard and Second Block North Of Victory Motivated Seller Bring Your Offer

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Financials

Sales Info:

>> Commision split: 2.0%