14520 Delano St, Van Nuys, CA 91411
14520 Delano Street
Price:
Land Price / SF:
$2,500,000
$500
Year Built:
1929/2023
Building Area:
Land Area:
Zoning:
5,000 SF
7,545 SF
LAC2
APN:
2241-020-009
Status:
Available
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14520 Delano Street a Versatile Automotive Use Building Totaling 5,000 SF with High Ceilings, Spray Booth and a Variety of Possible Uses Situated Upon 7,544 SF of Land
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SBA 504 Financing Available, Down Payments of 10-15%and New SBA Incentives
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Variety of Allowable Automotive/Industrial Uses – Los Angeles City [Q] C2-1VL -CDO
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Less than 2 Miles From the 405 Freeway and Los Angeles Valley College (16,194 Students)
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Affluent 5-Mile Demographics: 696,188 Population and Average Household Income of $106,546
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Highly Desirable Auto Body Shop Use in High Barrier to Entry Market of Van Nuys / San Fernando Valley (Los Angeles)
The Ovaness-Rostamian Group of Marcus & Millichap is pleased to present a rare opportunity to acquire a highly desirable automotive-use commercial building located in the city of Van Nuys (Los Angeles). Due to the variety of auto-related uses the building can accommodate (body repair/body paint w/spray- booth/auto service/auto parts sales/ industrial warehouse/distribution) this value-added or potential owner-user asset will give the new ownership the ability to reposition and/or occupy the subject property. The subject property comprises of approximately 5,000 SF of building situated upon 7,544 SF of land.
An Owner/User can obtain favorable Small Business Administration (SBA) Financing. Effectively, it may be more economical to own the building rather than to lease space considering the low down payment needed (10-15%) coupled with potential tax advantages of real estate ownership.
ORBELL OVANESS
Senior Vice President
Managing Partner
Office: Los Angeles
Direct: (213) 943-1822 orbell.ovaness@marcusmillichap.com
License: CA 01402142
ARA H. ROSTAMIAN, MRED
Vice President
Managing Partner
Office: Los Angeles
Direct: (213) 943-1781
ara.rostamian@marcusmillichap.com
License: CA 01814678
AREN OHANIAN, MBA
Senior Associate
Team Director
Office: Los Angeles
Direct: (213) 943-1876 aren.ohanian@marcusmillichap.com
License: CA 02101342
TONY SOLOMON
Broker of Record
23975 Park Sorrento Suite 400, Calabasas, CA 91302
License: CA 01238010