Entitled Brewery Industrial
New
For Sale
$1,925,000
14741 Calvert St, Van Nuys, CA 91411
Vacant at closing with M2 zoning, brewery approvals, and flexible industrial improvements.
Property Size5,000 SF
Lot Size0.17 Acres
Price / SF$385
Days on Market2
Property Features for 14741 Calvert St
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.17 Acres
Property subtype
Vacant-User
Zoning
M2
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Height
14 ft
Power
1,000 amps
Heavy Power
Yes
Cold Storage
Yes
Amenities
break room
bar and sink area
restrooms
Delivered Vacant at Close of Escrow
Approximately 800 amps of power service accommodates a wide variety of manufacturing, production, food and beverage, and industrial uses
Fully Entitled Brewery & Tasting Room – Existing Conditional Use Permit allows brewery operations, tasting room service, outdoor patio seating, and off-site packaged beer sales.
Flexible Building Configuration – Two separate roll-up doors and an easily divisible floorplan provide operational flexibility for multiple occupancy strategies.
Functional Industrial Improvements – Includes two walk-in refrigerators, break room, bar and sink area, and three restrooms, including two ADA-compliant facilities.
Excellent M2 Zoning – Industrial zoning supports a broad range of manufacturing, warehousing, production, and commercial-industrial uses.
12'–14' Clear Heights – Functional warehouse clearances suitable for a variety of industrial and distribution operations.
Recent HVAC Improvements – Recent repairs completed, reducing near-term maintenance requirements.
Building Details
Building Size
5,000 SF
Year Built
1958
Buildings
1
Listing Agency:
Encino Office
(818) 212-2665
Listed By:
Joshua Yaris · License #License(s): CA: 02073440
(818) 212-2665
Source:
Marcusmillichap
Added: Aug 30
Changed: Aug 31
Last Checked: Aug 31 at 12:40PM
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 Encino Office
Investment Insights
Based on property information with market context.
This 5,000-square-foot freestanding industrial building occupies a 7,501-square-foot M2-zoned lot and will be delivered vacant at closing. The layout includes approximately 12- to 14-foot clear heights, 1,000-amp power, two separate roll-up doors, and a configuration that can be divided for multiple users. Improvements include two walk-in refrigerators, a break room, bar and sink area, three restrooms, and recent HVAC repairs.
A Conditional Use Permit from the City of Los Angeles authorizes brewery operations, on-site tasting room service, outdoor patio seating, and off-site packaged beer sales. The property also offers approximately 50 feet of frontage on Calvert Street and exposure to more than 28,000 vehicles per day. Located near the Van Nuys and Sherman Oaks border, the site is less than one mile from the I-405 Freeway and near Van Nuys Airport, retail, dining, and employment centers.
A Conditional Use Permit from the City of Los Angeles authorizes brewery operations, on-site tasting room service, outdoor patio seating, and off-site packaged beer sales. The property also offers approximately 50 feet of frontage on Calvert Street and exposure to more than 28,000 vehicles per day. Located near the Van Nuys and Sherman Oaks border, the site is less than one mile from the I-405 Freeway and near Van Nuys Airport, retail, dining, and employment centers.
Key Highlights
- 5,000‑square‑foot building on a 7,501‑square‑foot M2‑zoned lot
- Conditional Use Permit allows brewery operations, tasting room service, outdoor patio seating, and off‑site packaged beer sales
- Approximately 12 to 14 feet of clear height with 1,000‑amp power service
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$58,430
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,168,600
$1.2M
Cap Rate 7%
$834,714
$834.7K
Cap Rate 9%
$649,222
$649.2K
Market Conditions
NOI Build-Up for 5,000 SF
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.
Gross rent
$88.8K $17.76/SF
− Vacancy
−$5.3K −$1.07/SF
EGI
$83.5K $16.69/SF
− OpEx
−$25.0K −$5.01/SF
NOI
$58.4K $11.69/SF
Area
Los Angeles County, CA
Vacancy
6.00%
Lease Rate
$17.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,168,600
Cap Rate 7%
$834,714
Cap Rate 9%
$649,222
Alternative Uses
Best Use
Industrial
$834.7K
$730.4K – $973.8K
NOI $58,430 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.68M
$2.34M – $3.12M
NOI $187,389 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
14 ft
Clear height
Yes
Heavy power
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,982
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Brewery - Vacant at closing with M2 zoning, brewery approvals, and flexible industrial improvements.
Where is this brewery located?
The property is located at 14741 Calvert St Van Nuys, CA.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: 5,000‑square‑foot building on a 7,501‑square‑foot M2‑zoned lot; Conditional Use Permit allows brewery operations, tasting room service, outdoor patio seating, and off‑site packaged beer sales; Approximately 12 to 14 feet of clear height with 1,000‑amp power service
