For Sale
$2,500,000

14520 Delano StLos Angeles, CA 91411

Prime Van Nuys auto shop, vacant, ready for your business.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 5,000-square-foot auto shop, located at 14520 Delano Street in Los Angeles, CA 91411, presents a unique investment opportunity. The property, built in 1929 and extensively renovated in 2023, sits on a 7,545-square-foot lot and boasts a permitted spray booth, making it ideal for various automotive uses including body repair, painting, service, parts sales, or even light industrial/distribution. Currently vacant, this single-story building offers high ceilings and is zoned LAC2, allowing for a range of permitted uses. The asking price is $2,500,000, translating to $500 per square foot. The land value alone is $331 per square foot. Strategically located with high visibility, the property benefits from significant daily traffic volume on Delano Street and Van Nuys Boulevard, and its proximity to the 405 freeway ensures easy access. The surrounding area boasts a strong demographic profile, with a large population and high average household income. SBA 504 financing options are available, making this a compelling owner-user opportunity. This fee-simple property offers significant potential for a savvy investor or business owner seeking a prime location in a high-barrier-to-entry market.

Highlights

  • 5,000 SF versatile automotive building on a 7,544 SF lot, featuring high ceilings and a spray booth.
  • SBA 504 financing available with 10-15% down and new incentives.
  • C2-1VL/CDO zoning allows various automotive and industrial uses.
  • Less than 2 miles from the 405 Freeway and Los Angeles Valley College.
  • Strong demographics: 696,188 population within a 5-mile radius, $106,546 average household income.
  • High-barrier-to-entry auto body shop opportunity in desirable Van Nuys/San Fernando Valley location.

Property Details for 14520 Delano St

Property type
Retail properties, Auto shops
Square Feet
5,000 SF
Year Built/Renovated
1929/2023
Buildings
1
Stories
1
Units
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.1824437
Longitude
-118.4495823
14520 Delano St, Los Angeles, California

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14520 Delano St
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