Multi-Tenant Warehouse
For Sale
Contact for pricing
15828-15838 Arminta St, Van Nuys, CA 91406
Individual suites have dedicated electrical service and grade-level loading.
Property Size23,535 SF
Price / SF$310.18
Days on Market8
Property Features for 15828-15838 Arminta St
General Information
Standard status
Active
Size
23,535 SF
Property subtype
INDUSTRIAL
Occupancy
100%
Warehouse & Industrial
Clear Height
14 ft
Drive-In Doors
43
Three-Phase Power
Yes
Building Details
Buildings
2
Tenancy
Multi
Listing Agency:
Marcus & Millichap
(818) 212-2700
Listed By:
Martin Agnew · License #01339034
(818) 212-2776
Source:
Moodyscre
Added: Oct 6
Changed: Oct 13
Last Checked: Oct 12 at 8:49PM
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 Marcus & Millichap
Investment Insights
Based on property information with market context.
At 15828-15838 Arminta St in Van Nuys, this 23,535-square-foot industrial property comprises two buildings divided into 43 units. All units are occupied, and each has 100 amps of electrical service, with single- and three-phase power available.
The buildings provide 14-foot clear height and a total of 43 grade-level doors.
The buildings provide 14-foot clear height and a total of 43 grade-level doors.
Key Highlights
- Two industrial buildings totaling 23,535 square feet
- 43 units; all are occupied
- 100 amps per unit with single- and three‑phase power
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$306,236
Cap Rate
4.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,124,720
$6.1M
Cap Rate 7%
$4,374,800
$4.4M
Cap Rate 9%
$3,402,622
$3.4M
Market Conditions
NOI Build-Up for 23,535 SF
Gross rent
$378.4K $16.08/SF
− Vacancy
−$18.2K −$0.77/SF
EGI
$360.3K $15.31/SF
− OpEx
−$54.0K −$2.30/SF
NOI
$306.2K $13.01/SF
Area
Los Angeles County, CA
Vacancy
4.80%
Lease Rate
$16.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,124,720
Cap Rate 7%
$4,374,800
Cap Rate 9%
$3,402,622
Alternative Uses
Best Use
Warehouse
$4.37M
$3.83M – $5.10M
NOI $306,236 @ 7.0% cap · market cap 4.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$12.60M
$11.03M – $14.70M
NOI $882,038 @ 7.0% cap · market cap 12.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
14 ft
Clear height
43
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,322
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91406, CA
53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
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.
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Frequently Asked Questions
What type of property is this?
Warehouse - Individual suites have dedicated electrical service and grade-level loading.
Where is this warehouse located?
The property is located at 15828-15838 Arminta St Van Nuys, CA.
What is the asking price?
The asking price for this property is $7,300,000.
What are key features of this property?
This property features: Two industrial buildings totaling 23,535 square feet; 43 units; all are occupied; 100 amps per unit with single- and three‑phase power
