For Sale
$6,990,000

6755 Van Nuys Blvd Los Angeles, CA 91405

High-traffic, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
138
This 13,755 square foot, two-story shopping center in Los Angeles, CA, presents a compelling redevelopment opportunity. Located at the prominent corner of Van Nuys Boulevard and Vanowen Street, this Class B property offers significant visibility and accessibility. Currently vacant, the building, constructed in 1950 and renovated in 1985, sits on a lot with a land value of $303 per square foot. The property features ample parking and benefits from a daily traffic count exceeding 66,000 vehicles. Its location is further enhanced by the soon-to-open Metro Light Rail stop at this intersection. Zoned for commercial use, this single-unit building offers investors and retailers a high-image location with excellent access and parking. The asking price is $6,990,000, making it an attractive investment for those seeking a prime redevelopment project in a high-traffic area of Los Angeles. The property's former use was a 99c Only store. The permitted zoning is commercial.

Highlights

  • 13,755 SF two-story shopping center in Los Angeles, CA, offering redevelopment potential.
  • Prominent corner location at Van Nuys Blvd & Vanowen St with high visibility and accessibility.
  • Vacant, Class B building (1950 construction, 1985 renovation) on a lot with $303/SF land value.
  • Ample parking and daily traffic count exceeding 66,000 vehicles.
  • Adjacent to a soon-to-open Metro Light Rail stop.
  • Commercially zoned single-unit building with excellent access and parking.

Property Details for 6755 Van Nuys Blvd

Property type
Lifestyle centers, Power centers
Square Feet
13,755 SF
Class
B
Year Built/Renovated
1950/1985
Buildings
1
Stories
2
Units
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.193876908789
Longitude
-118.44958960147

FAQs

What type of property is this?
Lifestyle center - High-traffic, redevelopment opportunity.
Where is the lifestyle center located?
The property is located at 6755 Van Nuys Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $6,990,000.
What are key features of this property?
This property features: 13,755 SF two-story shopping center in Los Angeles, CA, offering redevelopment potential.; Prominent corner location at Van Nuys Blvd & Vanowen St with high visibility and accessibility.; Vacant, Class B building (1950 construction, 1985 renovation) on a lot with $303/SF land value.
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6755 Van Nuys Blvd
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