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Additional details
$ 2,100,000
Est. payment | /mo
7,392 Sqft Lot
$ 2,100,000
Est. payment | /mo
7,392 Sqft Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 26857135
HOA Y/N No
Year Built 1974
Lot Size 7,392 Sqft
Property Description
Exceptional Owner-User or Investment Opportunity in the Heart of Van Nuys!Rare opportunity to acquire a well-located industrial/commercial property at 6144 Kester Avenue, Van Nuys, CA. The property is currently owner-occupied and operated as an automotive repair and body shop; however, the business is not for sale. This offering is for the real estate only.The seller is offering buyers two acquisition options: Option 1 Vacant Delivery: The property may be delivered vacant at the close of escrow, providing an excellent opportunity for an owner-user seeking immediate occupancy or an investor looking to reposition the asset. Option 2 Sale-Leaseback: The seller is also willing to lease back the property following the close of escrow, creating a potential investment opportunity with immediate cash flow. Proposed lease terms are approximately $9,500 per month NNN, subject to negotiation and execution of a mutually acceptable lease agreement (5 yr NNN). Located in a desirable Van Nuys industrial corridor with convenient access to the 101 and 405 Freeways, the property benefits from excellent visibility, accessibility, and functionality. M2 zoning allows for a variety of industrial and commercial uses, making this a compelling opportunity for owner-users, investors, and those seeking long-term value appreciation. Property Highlights: Real estate only automotive business not included in sale. Currently utilized as an automotive repair/body shop facility. Option 1: for vacant delivery at close of escrow. Optional 2: sale-leaseback opportunity with current owner Proposed lease rate of approximately $9,500/month NNN (subject to final lease agreement) M2 industrial zoning. Excellent Van Nuys location with easy freeway access, Suitable for owner-users, investors, and industrial operators. Property offered As IsBuyer to independently verify all information, including zoning, permitted uses, square footage, and development potential.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAM2
Interior
Fireplace No
Others
Tax ID 2241017013
Special Listing Condition Standard
Listed by Zo Lakanwal The Executive Realty Group #02126194
NEARBY SCHOOL & BUSINESS