Van Nuys, CA 91411,14520 Erwin ST
Van Nuys, CA 91411,14520 Erwin ST
Van Nuys, CA 91411,14520 Erwin ST
$1,725,000
Est. payment /mo
$1,850,000
6.8%
Est.Price: ?

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6,756 Sqft Lot
SOLD DATE : 10/29/2024

Key Details

Sold Price $1,725,000

Property Type Commercial

Sub Type Warehouse

Listing Status Sold

Purchase Type For Sale

MLS Listing ID SR24041569

Sold Date 10/29/24

HOA Y/N No

Year Built 1923

Lot Size 6,756 Sqft

Property Description

Welcome to an exceptional real estate opportunity at 14520 W Erwin Street off Van Nuys Blvd. This mixed-use property 4500 SF offers a versatile space for various commercial ventures..
Constructed with durable reinforced concrete, the property boasts a secure and inviting windowed front, providing both visibility and natural light. Impressively high ceilings reaching 18 feet offer ample vertical space, complemented by high power outputs to accommodate diverse operational needs. Convenient alley access along the East side of the property enhances logistical ease, while the prime location approximately 200 feet west of Van Nuys Blvd ensures excellent visibility and accessibility.
The property comprises two structures on site, both currently vacant and ready for reimagining. 14520 W Erwin Street features two entry doors directly off Erwin Street, offering easy access for clientele. A gated courtyard and dedicated employee parking add to the appeal of this structure, which includes multiple offices, conference rooms, and a bathroom. While the interior presents a solid foundation, updates are needed to attract potential tenants and maximize its potential.
Adjacent to 14520 Erwin Street, 14518 Erwin Street offers additional space separated by a courtyard. Previously utilized as a Sanctuary, this structure features vaulted lower level ceilings and sturdy concrete flooring. Rooms along the side of the lower level structure provide flexibility for various uses, while an upper level mezzanine offers two additional rooms for expanded functionality.
This property presents an exciting canvas for investors or business owners seeking a strategic location with significant potential. With both exterior and interior spaces awaiting transformation, seize the opportunity to shape this property into a vibrant hub for commerce or community in this dynamic neighborhood.
Can also be purchased with 14526 Erwin for $2,149,999

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Interior

Fireplace No

Laundry None

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 2241013007

Acceptable Financing Conventional, 1031 Exchange

Listing Terms Conventional, 1031 Exchange

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Scott Pinkerton • Century 21 Peak • 818-621-7732
Bought with Uzi Zaray • Curb Realty

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Monique H. Ott-Beacham

+1(619) 757-3109

Broker | License ID: DRE #01448692

Broker License ID: DRE #01448692

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