Mixed-Use Property Near Van
14526 Erwin St Los Angeles, CA 91411
For Sale
$1,950,000
Mixed-use property with retail, office, and warehouse space for sale.
Property Size5,000 SF
Lot Size0.16 Acres
Price / SF$390
Days on Market140
Property Features for 14526 Erwin St
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.16 Acres
Property subtype
Industrial
Building Details
Year Built
1929
Listing Agency:
Century 21 Masters
(855) 732-5500
Listed By:
Scott Pinkerton · License #01338387
Source:
Elliman
Added: Mar 12
Changed: Jul 10
Last Checked: Jul 28 at 11:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Masters
Investment Insights
Based on property information with market context.
This mixed-use property offers approximately 5,000 square feet of space suitable for office, retail, or warehouse operations. The retail area features vaulted ceilings and polished concrete floors. The property is located approximately 200 feet west of Van Nuys Boulevard and has versatile zoning (LAC2), potentially allowing for multi-residential development. This property presents opportunities for both owner-users and developers.
Key Highlights
- Versatile LAC2 Zoning: Potential for multi‑residential development.
- Prime Location: Situated approximately 200ft west of Van Nuys Blvd.
- Mixed‑Use Property: Approximately 5,000 SF of office/retail and/or warehouse space.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $184.8k | $36.96 |
| − Vacancy | −$19.0k | −$3.81 |
| EGI | $165.8k | $33.15 |
| − OpEx | −$49.7k | −$9.95 |
| NOI | $116.0k | $23.21 |
5,000 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.66M
$1.45M – $1.93M
NOI $116,036 @ 7.0% cap · market cap 5.95%
Second Best
Industrial
$887.3K
$776.4K – $1.04M
NOI $62,113 @ 7.0% cap · market cap 3.19%
Theoretical Best
Multifamily LT 5
$101.30M
$88.63M – $118.18M
NOI $7,090,790 @ 7.0% cap · market cap 363.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Level 1 Catering — 14401 gilmore st suite 200, van nuys, ca 91401
- Shake and Smile USA — 14108 Hamlin St, Van Nuys, CA 91401
- Crêpe Claude Monet — 14816 Friar St, Van Nuys, CA 91411
Frequently Asked Questions
What type of property is this?
Flex space - Mixed-use property with retail, office, and warehouse space for sale.
Where is this flex space located?
The property is located at 14526 Erwin St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Versatile LAC2 Zoning: Potential for multi‑residential development.; Prime Location: Situated approximately 200ft west of Van Nuys Blvd.; Mixed‑Use Property: Approximately 5,000 SF of office/retail and/or warehouse space.
