Retail Property with On-Site
14512-14518 Sylvan St., Van Nuys, CA 91411
For Sale
Contact for pricing
LAC2 zoning and five parking spaces serve this retail site.
Property Size3,182 SF
Lot Size0.10 Acres
Price / SF$502.83
Days on Market40
Property Features for 14512-14518 Sylvan St.
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Zoning
Building Details
Year Built
Listing Agency:
Daum Commercial
Listed By:
Anthony Bergeman · License CA #01841828
(310) 538-6700
Source:
Crexi
Added: Oct 2
Changed: Nov 8
Last Checked: Nov 10 at 8:28AM
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 Daum Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This retail property in Van Nuys contains 3,182 SF of rentable building area within 4,500 SF of total space. Built in 1925, the property occupies a 4,500 SF lot and includes five parking spaces.
The site is zoned LAC2 and is located at 14512-14518 Sylvan St. in Van Nuys, California.
The site is zoned LAC2 and is located at 14512-14518 Sylvan St. in Van Nuys, California.
Key Highlights
- 3,182 SF of rentable building area
- 4,500 SF of total space on a 4,500 SF lot
- Built in 1925
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,400
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,000
$1.4M
Cap Rate 7%
$1,005,714
$1.0M
Cap Rate 9%
$782,222
$782.2K
Market Conditions
NOI Build-Up for 3,182 SF
Gross rent
$107.7K $33.84/SF
− Vacancy
−$7.1K −$2.23/SF
EGI
$100.6K $31.61/SF
− OpEx
−$30.2K −$9.48/SF
NOI
$70.4K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,408,000
Cap Rate 7%
$1,005,714
Cap Rate 9%
$782,222
Alternative Uses
Best Use
Retail
$1.01M
$880.0K – $1.17M
NOI $70,400 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M
NOI $119,254 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,702
Businesses Nearby
101k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 61%
Dining 20%
Apparel 13%
Electronics 6%
Bank of America
Shops & Services
16,469 visits/mo
0.4 miles
Keyes Toyota
Shops & Services
11,261 visits/mo
0.4 miles
El Pollo Loco
Dining
9,594 visits/mo
0.5 miles
7-Eleven
Shops & Services
8,783 visits/mo
0.3 miles
7-Eleven
Shops & Services
8,701 visits/mo
0.3 miles
Demographics for 91411, CA
24,984
Population
10,003
Households
2.5
Avg Household Size
36
Median Age
37%
College-Educated
80%
High-School Grad
2.0 sq mi
ZIP Area
12,492
Density / Sq Mi
$77,582
Median Household Income
$42,096
Median Earnings
$1,850
Median Rent
$973,300
Median Home Value
Market
Average Price Trend$/SF for Retail space in Los Angeles County, CA
Properties on Market for Retail space in Los Angeles County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - LAC2 zoning and five parking spaces serve this retail site.
Where is this retail space located?
The property is located at 14512-14518 Sylvan St. Van Nuys, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 3,182 SF of rentable building area; 4,500 SF of total space on a 4,500 SF lot; Built in 1925
