Freestanding Office
New
For Sale
Contact for pricing
16924-16926 Saticoy St, Van Nuys, CA 91406
An office property with substantial on-site parking accommodates a range of workplace needs.
Property Size8,876 SF
Price / SF$374.61
Days on Market4
Property Features for 16924-16926 Saticoy St
General Information
Standard status
Active
Size
8,876 SF
Total Parking Spaces
36
Property subtype
OFFICE
Listing Agency:
Marcus & Millichap
(818) 212-2700
Listed By:
Martin Agnew · License #01339034
(818) 212-2776
Source:
Moodyscre
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 2:42AM
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
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 freestanding office building contains 8,876 square feet and includes 36 on-site parking spaces. Its configuration supports owner occupancy, as well as office use.
Key Highlights
- 8,876‑square‑foot office building
- 36 on‑site parking spaces
- Freestanding building suitable for owner occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,022
Cap Rate
5.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,880,440
$3.9M
Cap Rate 7%
$2,771,743
$2.8M
Cap Rate 9%
$2,155,800
$2.2M
Market Conditions
NOI Build-Up for 8,876 SF
Gross rent
$340.8K $38.40/SF
− Vacancy
−$82.1K −$9.25/SF
EGI
$258.7K $29.15/SF
− OpEx
−$64.7K −$7.29/SF
NOI
$194.0K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,880,440
Cap Rate 7%
$2,771,743
Cap Rate 9%
$2,155,800
Alternative Uses
Best Use
Office B
$2.77M
$2.43M – $3.23M
NOI $194,022 @ 7.0% cap · market cap 5.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.75M
$4.16M – $5.54M
NOI $332,652 @ 7.0% cap · market cap 10.00%
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
1,413
Businesses Nearby
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 Office in West region
Frequently Asked Questions
What type of property is this?
Office building - An office property with substantial on-site parking accommodates a range of workplace needs.
Where is this office building located?
The property is located at 16924-16926 Saticoy St Van Nuys, CA.
What is the asking price?
The asking price for this property is $3,325,000.
What are key features of this property?
This property features: 8,876‑square‑foot office building; 36 on‑site parking spaces; Freestanding building suitable for owner occupancy
