14248-14248 1/2 Oxnard St 2,895 SF Retail Building Van Nuys, CA 91401 $1,717,092 CAD ($593.12 CAD/SF)
INVESTMENT HIGHLIGHTS
- Spectrum Commercial is pleased to present this two structure mixed-use multifamily / commercial complex situated on a large fenced and secured parcel.
- Oxnard Street sees a high traffic count with more than 32,300 car passing daily.
- The area offers excellent demographics and a high walk score.
- This presents an excellent owner-user opportunity, catering to an abundance of operations on-site.
EXECUTIVE SUMMARY
Spectrum Commercial Real Estate is pleased to present 14248 - 14248 1/2 Oxnard Street to the market with a major price reduction/ priced to move.
This is a premier mixed-use owner/ user or investment opportunity in a prime Van Nuys location with Sherman Oaks adjacent. This is a multifamily and commercial structure complex situated on a large fenced-in and secured parcel.
Building A:
Two-tenant commercial buildings. Unit A is 1,326 square feet (currently vacant), and Unit B is 408 square feet, last leased through December 31, 2024.
The building features well-designed and flexible designs, ample power, excellent visibility along Oxnard Street, front glass windows (currently covered), potential building and pylon signage, and fenced and secured parking.
Building B:
Multifamily residential tri-plex + one non-conforming unit. The building is fully renovated and fully furnished with appliances, new flooring, and two new tankless water heaters. The tri-plex is leased through Airbnb on a short-term basis; the non-conforming unit is leased to an office with storage space; the rear covered storage area is occupied by the non-conforming unit tenant.
The property is located in a prime Van Nuys location, adjacent to Sherman Oaks. It has excellent demographics and a walk score. There are high traffic counts, ±32,300 CPD via Oxnard Street. The property is close to local amenities, restaurants, the Van Nuys Courthouse, public transportation, the Orange Line Station, Hotels, Van Nuys Airport, Sherman Oaks Fashion Square Mall, schools, daycare, and fitness centers. It is also minutes from the 405 and 101 freeway onramps.
This is a premier mixed-use owner/ user or investment opportunity in a prime Van Nuys location with Sherman Oaks adjacent. This is a multifamily and commercial structure complex situated on a large fenced-in and secured parcel.
Building A:
Two-tenant commercial buildings. Unit A is 1,326 square feet (currently vacant), and Unit B is 408 square feet, last leased through December 31, 2024.
The building features well-designed and flexible designs, ample power, excellent visibility along Oxnard Street, front glass windows (currently covered), potential building and pylon signage, and fenced and secured parking.
Building B:
Multifamily residential tri-plex + one non-conforming unit. The building is fully renovated and fully furnished with appliances, new flooring, and two new tankless water heaters. The tri-plex is leased through Airbnb on a short-term basis; the non-conforming unit is leased to an office with storage space; the rear covered storage area is occupied by the non-conforming unit tenant.
The property is located in a prime Van Nuys location, adjacent to Sherman Oaks. It has excellent demographics and a walk score. There are high traffic counts, ±32,300 CPD via Oxnard Street. The property is close to local amenities, restaurants, the Van Nuys Courthouse, public transportation, the Orange Line Station, Hotels, Van Nuys Airport, Sherman Oaks Fashion Square Mall, schools, daycare, and fitness centers. It is also minutes from the 405 and 101 freeway onramps.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,895 SF
Building Class
C
Year Built/Renovated
1941/2024
Price
$1,717,092 CAD
Price Per SF
$593.12 CAD
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
11’
Building FAR
0.43
Lot Size
0.15 AC
Zoning
LACM - Buyer to Verify Zoning and All other Information
Frontage
61’ on Oxnard St
Walk Score®
Very Walkable (75)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2245-018-003 | Improvements Assessment | $410,199 CAD |
| Land Assessment | $719,949 CAD | Total Assessment | $1,130,148 CAD |
