Retail•Street Retail•For Sale

14625 Victory Blvd.

14623-14625 Victory Blvd., Van Nuys, California 91411

Sale Price $825,000
Sale Type Owner User
Zoning C2
Bldg Type Multi-Tenant
Year Built 1955
Stories 1
Vacancy 35%
Gross Bldg 2,425 SqFt
Land Area .15 Acres
Market San Fernando Valley
Sub-Market East Valley
This single story 2 unit (1,575 and 850 square feet) retail storefront property has a strong location on busy Victory Blvd. about a block and a half west of Van Nuys Blvd. This property provides an excellent opportunity for an owner/user retailer to locate near the city center of Van Nuys. The building features a recently slurry coated parking lot, copper piping and a 5 year old roof. The former Hair Salon sign is large and visible on busy Victory Blvd. and viewable in each direction. Additionally, there is one tenant currently occupying about 850 rsf on a month to month basis. The San Fernando Valley has experienced great economic growth in the past couple of years. Van Nuys in particular continues to attract developers of multi-family projects. Almost 2,000 units have been approved for construction by the City of LA since 2016. This increased density will help drive sales at local area retailers.
  • Fantastic Owner/User Opportunity
  • High Traffic
  • High Visibility
  • Great Signage
  • Ample Parking
  • Near Tommy's Hamburgers
  • Recently paved parking lot
3/10/2020 11:16:29 PM 3/12/2020 8:55:39 PM
Christian Hayes
Senior Vice President
SVN | Rich Investment Real Estate Partners
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