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Owner-User Office Building Opportunity | Over Sized Lot

$2,995,000

16950 Sherman Way, Van Nuys, CA 91406

Active
Last Updated: 08/11/2021

5,928 sqft

Building Size

14,126 sqft

Lot Area

Details:
Building Size:    5,928 sqft
Lot Area:    14,126 sqft
Year Built:    1980
Floors:    3
Highlights:
  • Prime Owner-User Opportunity
  • Beautiful Quality Construction Building
  • High Ceilings with an Abundance of Natural Light Throughout
  • Full Bath & Wet Bar in Executive Offices
  • Fire Place
  • Full Size Conference Room
  • 12 Offices + 12 Secretarial/Open Air Work Spaces
  • Gated Secured Parking Lot W. 20 Parking Spaces
  • Hardwood Floors
  • Reception + Waiting Area
  • Prime Central Valley Location
  • Move in Condition
  • Completely Refurbished, Newly Painted Interior and Exterior
  • New Electric Switches, Outlets & LED Lighting
Description:

BRC Advisors is pleased to present for sale a rare owner-user office building in sought after Van Nuys! This gated secured building is situated on a 14,126 SF spacious lot zoned LACR and features beautiful quality construction including hardwood floors, high ceilings, open floor plans, and an abundance of natural light throughout. The featured property consists of 3 split level stories with 12 offices and 12 secretarial/open air work spaces for each executive office. Additionally consists of a conference room library, reception area, waiting area, kitchen, server room, women's and men's restrooms, and two full bathrooms and two wet bars in the executive offices. The back gated parking lot consists of 20 tandem parking spaces. Property consists of beautiful water feature fountain and spacious outdoor area with numerous possibilities. Rather than paying rent to a landlord or investing in an alternative investment, an Owner/User will pay the property mortgage providing a more attractive after-tax return to the principal owner along with enjoying long term equity buildup in the investment.

Prime central valley location with easy access to the 405 freeway and close proximity to Van Nuys Courthouse and Van Nuys airport.

Map:
Documents:
Title
16950 Sherman Way OM.min.pdf
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