Van Nuys, CA 91405 6801 Sepulveda Boulevard

6801 Sepulveda Boulevard Van Nuys, CA - Image 16801 Sepulveda Boulevard Van Nuys, CA - Image 26801 Sepulveda Boulevard Van Nuys, CA - Image 3
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6801 Sepulveda Boulevard Van Nuys, CA - Image 46801 Sepulveda Boulevard Van Nuys, CA - Image 5
  • MLS# SR20210550
  • 10/06/2020
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Presented By: Ashwin Joshi with Capital Realty Solutions Inc..
  • Year Built • 1986

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
TermsCash to New Loan, 1031 Exchange
Total Units9
UtilitiesCable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, See Remarks, Water Connected
Water Sewer Expense10550

Exterior for 6801 Sepulveda Boulevard

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
Price $3,345,000
List Date 10/06/2020
Property Type Commercial
Phone 310.658.1749
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