Retail-Office Building with Courthouse
6259 Van Nuys Los Angeles, CA 91401
6259 Van Nuys, Los Angeles, CA, 91401
$1,700,000
For Sale
$1,700,000
Centrally positioned building on Van Nuys Blvd across from the Van Nuys courthouse, delivered vacant at close.
Property Size3,424 SF
Price / SF$496.50
Days on Market48
Property Features for 6259 Van Nuys
General Information
- Standard status
- Active
- Size
- 3,424 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1911
Listing agency
(818) 358-6325
Listed by
Diana Makhtesyan · License #01491104
Source
Elliman
Added: Jun 4 Updated: Jul 10 at 4:00PM Checked: Jul 20 at 3:42AM
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 Diana Makhtesyan
Investment Insights
Based on property information with market context.
This freestanding commercial building offers approximately 3,424 square feet within a 3,877 square foot lot. The property is delivered vacant at close of escrow, providing flexibility for an owner-user or investor to tailor the space to their needs. The building supports a range of concepts, with suitability for retail, office, medical, professional, or owner-user use.
The location is on Van Nuys Boulevard directly in front of the Van Nuys courthouse, positioned between Erwin Street and Sylmar Avenue. With both pedestrian and vehicle traffic indicated, the site is designed for visibility and convenient access to surrounding business and civic activity.
For tenants or buyers considering a primary location near civic and commercial demand drivers, the straight-forward, flexible use profile is a practical fit. The combination of high-exposure placement along a major corridor and the opportunity to occupy a vacant property at closing supports a range of retail, professional, and healthcare-adjacent requirements.
The location is on Van Nuys Boulevard directly in front of the Van Nuys courthouse, positioned between Erwin Street and Sylmar Avenue. With both pedestrian and vehicle traffic indicated, the site is designed for visibility and convenient access to surrounding business and civic activity.
For tenants or buyers considering a primary location near civic and commercial demand drivers, the straight-forward, flexible use profile is a practical fit. The combination of high-exposure placement along a major corridor and the opportunity to occupy a vacant property at closing supports a range of retail, professional, and healthcare-adjacent requirements.
Key Highlights
- Retail/commercial property on Van Nuys Blvd directly in front of the Van Nuys courthouse, between Erwin St and Sylmar Ave
- Approx. 3,424 SF building on a 3,877 SF lot
- Suitable for retail, office, medical, professional, or owner‑user use
Local Financial Insights For Retail
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 | $126.6k | $36.96 |
| − Vacancy | −$13.0k | −$3.81 |
| EGI | $113.5k | $33.15 |
| − OpEx | −$34.1k | −$9.95 |
| NOI | $79.5k | $23.21 |
3,424 SF · lease $36.96/SF/yr · vacancy 10.30% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.14M
$993.3K – $1.32M
NOI $79,461 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$69.37M
$60.70M – $80.93M
NOI $4,855,773 @ 7.0% cap · market cap 285.63%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Centrally positioned building on Van Nuys Blvd across from the Van Nuys courthouse, delivered vacant at close.
Where is this retail space located?
The property is located at 6259 Van Nuys Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Retail/commercial property on Van Nuys Blvd directly in front of the Van Nuys courthouse, between Erwin St and Sylmar Ave; Approx. 3,424 SF building on a 3,877 SF lot; Suitable for retail, office, medical, professional, or owner‑user use
