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Signalized Corner Development Site
For Sale
$3,999,000

6961 Van Nuys, Los Angeles, CA 91405

Signalized corner property currently includes a mechanic shop and multiple active retail storefronts.

Days on Market83

Property Features for 6961 Van Nuys

General Information

Standard status Active
Property subtype Commercial
Listing Agency: Coldwell Banker Vista Realty
Listed By: Janet Aguilera · License #01488231
Source: Elliman
Added: May 10 Changed: Jul 22 Last Checked: Jul 31 at 11:20AM

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 Coldwell Banker Vista Realty

Investment Insights

Based on property information with market context.

This signalized corner development site is currently improved with a mechanic shop and several active retail storefronts. The property is positioned at the intersection of Van Nuys Boulevard and Hart Street in Van Nuys, CA.

An adjacent lot is also currently available for purchase through a different broker, creating the opportunity to assemble contiguous property on the corner. Together, the parcels are described as offering an expansive footprint of approximately 54,000 square feet of contiguous property.

Key Highlights

  • Signalized corner at Van Nuys Blvd & Hart St in Van Nuys, CA
  • Approximately 54,000 SF contiguous footprint combining two adjacent parcels
  • Current uses include a mechanic shop plus multiple active retail storefronts

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Bar & Pub (Bike/Boat/Book/etc) Store Fish Market Tanning Salon Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

4,061
Businesses Nearby
126k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 40% Groceries 27% Dining 16% Apparel 10%
Jons Marketplace Groceries
34,248 visits/mo 0.4 miles
Bank of America Shops & Services
16,469 visits/mo 0.3 miles
El Pollo Loco Dining
9,594 visits/mo 0.3 miles
7-Eleven Shops & Services
8,783 visits/mo 0.2 miles
7-Eleven Shops & Services
8,701 visits/mo 0.1 miles

Demographics for 91405, CA

55,319
Population
19,822
Households
2.8
Avg Household Size
36
Median Age
26%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
16,270
Density / Sq Mi
$61,207
Median Household Income
$34,833
Median Earnings
$1,736
Median Rent
$698,100
Median Home Value

Market

Properties on Market for Commercial land in Los Angeles County

Jan
Feb
Mar
Apr
May
Jun

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Commercial land - Signalized corner property currently includes a mechanic shop and multiple active retail storefronts.
Where is this commercial land located?
The property is located at 6961 Van Nuys Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,999,000.
What are key features of this property?
This property features: Signalized corner at Van Nuys Blvd & Hart St in Van Nuys, CA; Approximately 54,000 SF contiguous footprint combining two adjacent parcels; Current uses include a mechanic shop plus multiple active retail storefronts
More about this property
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