Van Nuys, CA 91405 6801 Sepulveda Boulevard
$3,345,000



1 more


Presented By: Ashwin Joshi with Capital Realty Solutions Inc..
Home Details
SUBMIT OFFERS --- PRICE REDUCED --- SELLER MOTIVATED --- This rare mixed-use commercial offering is located in an “Opportunity Zone”, where private investments, under certain conditions, may be eligible for capital gain tax incentives. The property is located at a major signalized intersection in the City of Van Nuys and enjoys 135 Ft frontage on busy Sepulveda Boulevard and 100 Ft frontage Vanowen Street. The center is anchored by a Domino’s Pizza, who is also in negotiation to lease the vacant contiguous space for restaurant dining. This unique property offers a savvy investor the ability to renegotiate long term month-month leases. The property is also located in a HUBZone, which is an SBA program fueling small business growth with a goal of awarding at least three percent of federal contract dollars to HUBZone-certified companies each year. With tremendous upside potential, the new Buyer stands to benefit from greater returns both in the immediate term through increased cashflow and in the long-run through capital gain tax incentives. Seller will guaranty rental income from vacancies up to six months after close of escrow.
Presented By: Ashwin Joshi with Capital Realty Solutions Inc..
Interior Features for 6801 Sepulveda Boulevard
Other Interior Features
Heating Y/NYes
Laundry FeaturesNone
General for 6801 Sepulveda Boulevard
Additional Parcels Y/NNo
Building FeaturesElevator(s)
Construction MaterialsUnknown
ElectricElectricity - On Property
HeatingSee Remarks
Land Lease Y/NNo
MLS AreaVN - Van Nuys
Open Parking Spaces18
Property SubTypeRetail
Property TypeCommercial Sale
RoofFlat
TermsCash to New Loan, 1031 Exchange
TopographyLevel
Total Units9
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, See Remarks, Water Connected
Virtual Tourhttps://youtu.be/EfPhE9XPmsY
Water Sewer Expense10550
ZoningC2-1VL
Exterior for 6801 Sepulveda Boulevard
FencingBlock
Lot Dimensions135 x 100
Lot FeaturesCorner Lot, Near Public Transit, Paved, Rectangular Lot, Level
Lot Size Acres0.31
Lot Size Area13431
Lot Size SourceAssessor
Lot Size Square Feet13431
Lot Size UnitsSquare Feet
Number of Buildings1
Total Parking18
Water SourcePublic
Additional Details
Price History

Stephen Pliaconis
Pliaconis Realty Group