14117 Bessemer St Los Angeles, CA 91401
Single-tenant industrial property in Van Nuys with owner-user potential.
Property Features for 14117 Bessemer St
General Information
- Standard status
- Active
- Size
- 4,904 SF
- Lot size
- 0.14 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1951
Listing office Marcus & Millichap - Encino
Listing date Sep 30, 2024
Source Crexi
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Investment Insights
Based on property information with market context.
Key Highlights
- Delivered vacant, ideal for immediate owner/user occupancy or value‑add investment.
- Located in the high‑demand Van Nuys submarket with tight vacancy rates and strong rent growth.
- Excellent freeway access: 2.1 miles from the 405 and 2.2 miles from the 101.
Local Financial Insights For Office B
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 | $190.7k | $38.88 |
| − Vacancy | −$35.5k | −$7.23 |
| EGI | $155.2k | $31.65 |
| − OpEx | −$38.8k | −$7.91 |
| NOI | $116.4k | $23.74 |
Alternative Uses
Property Analytics
Current Use by Public Records
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