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For Sale
$4,096,427

14435 Hamlin Street
van Nuys, CA 91401

Price just reduced over $200,000! Great medical office building with elevator. 3 floors. 2 above ground level. Low rents for the area. Potential of part owner user with almost 65% potentially available for an owner user through month to month tenants or leases coming due within a year. Well maintained and managed by owner. Elevator motors recently replaced within the last few years at a cost of over $150,000. LED lights throughout. Close to the Van Nuys Civic center and courthouse. Price recently reduced to sell. This will not last. Great potential to raise rents and a great 1031 exchange property. HIGHLIGHTS Low Rents Long Term Tenants Well maintained building Great 1031 exchange property Close to Van Nuys Civic Center Potential owner user building or great with leaving tenants in place Read More

Market Status
Available
Last Updated
May 5, 2021

Property Type
Commercial Property
Year Built
1951
Property Type
Commercial;

Local Market Conditions

There are currently 36 properties for sale in the van Nuys, CA area with the average listing price of $815,826. This represents an increase of +5.2% over the previous week. The 3 bedroom homes saw the largest increase in the average listing price over the previous week with a +1.8% increase. To learn more about the van Nuys, CA area, contact a local expert!

Market Snapshot for van Nuys, CA

Avg. Listing Price

$815,826

Wk ending May 1

$+40,385

+5.2%

w-o-w

36

43

37

18

18

12

Average Listing Price for van Nuys, CA
No. BedroomsNo. Beds Week Ending
(May 1)
w-o-w Week Ending
(Apr 24)
Week Ending
(Apr 17)
Week Ending
(Apr 10)
All PropertiesAll $815,826 +5.2% $775,441 $769,442 $762,743
1 bedroom1 BR - +0.0% - - -
2 bedrooms2 BR $560,650 +0.0% $560,650 $578,986 $592,098
3 bedrooms3 BR $816,275 +1.8% $802,180 $789,572 $778,576
4 bedrooms4 BR $820,429 +0.8% $814,167 $824,250 $839,286

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This $4,096,427 Commercial Property at 14435 Hamlin Street in van Nuys, CA is presented by Brian Hatkoff and has been on the market for 212 days. This $4,096,427 Commercial Property, located in the 91401 zip code, has the following property features: Property Type. This 14435 Hamlin Street Commercial Property, located in Los Angeles County , is listed under MLS listing number SR20209426 and has a listing price of $4,096,427. You can find more van Nuys homes for sale here.

Data Provided by CRIS-Net Regional MLS (Southland)

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