7101 N Sepulveda Boulevard

Van Nuys, CA 91405

PRICE REDUCED

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-$400,000 (-6.25%)

$6,000,000

List Price

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1962

calendar_month Built

Property Description

Unique opportunity beckons for investors or developers in the vibrant heart of Van Nuys! Uncover the potential of this commercial property, zoned C2-1L, boasting a valuable 52-space parking lot. This versatile property holds immense promise, suitable for a spectrum of uses, from retail and service stations to garages, churches, schools, auto sales, apartments, condos, and hotels. The existing structure stands tall as a 5-story, 35,046 sqft building on a generous .51-acre lot, a rare find in the area. Convenience is paramount, with the property strategically positioned within walking distance of bustling shopping and dining hubs. Enjoy proximity to renowned establishments like Costco, Target, Chase bank, Starbucks, and more, enhancing the property's allure. Strategic location is further underlined by easy access to major freeways, including the 405, 118, and 101, streamlining connectivity for businesses and patrons alike. Sherman Way, a major cross street, adds to the property's accessibility. Seize the moment! Don't let this exceptional opportunity slip away. Schedule your private showing now to explore the full potential of this prime commercial property in Van Nuys.

Listing Information

List Price $6,000,000
Status Active
MLS SR24010316
Type Commercial
Subtype Mixed Use
Year Built 1962
Lot Size 22,357
Structure Size N/A
DOM 209
Courtesy Of Real Brokerage Technologies, Inc.
Listing Agent Lynn Tran DRE#02059032
Co-Listing Agent (Holly) Huong Tran DRE#01780557

Interior Features

Laundry Information
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Total Bedroom
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Cooling Type None

Exterior Information

Maps

Listing information courtesy of: Lynn Tran, (Holly) Huong Tran, Real Brokerage Technologies, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.