Freestanding Retail Redevelopment
For Sale
$2,775,000
6700 Van Nuys Blvd, Los Angeles, CA 91405
Freestanding retail building on a 10,000 sq. ft. lot with city-approved plans for up to 24 apartment units.
Property Size1,900 SF
Lot Size0.23 Acres
Price / SF$1,460
Days on Market53
Property Features for 6700 Van Nuys Blvd
General Information
Standard status
Active
Size
1,900 SF
Lot size
0.23 Acres
Property subtype
Commercial
Building Details
Building Size
1,900 SF
Year Built
1932
Units
3
Listing Agency:
Pinnacle Estate Properties, Inc.
Listed By:
Ricardo Pena · License #01908218
(818) 968-2875
Source:
Elliman
Added: Jul 16
Changed: Sep 2
Last Checked: Sep 5 at 12:47PM
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 Pinnacle Estate Properties, Inc.
Investment Insights
Based on property information with market context.
Located at 6700 Van Nuys Blvd, this freestanding retail building offers 1,900 sq. ft. of existing space on a 10,000 sq. ft. lot. The property is described as fully usable while obtaining necessary permits and plans from the city, supporting immediate functionality.
The redevelopment path is supported by city planning approval allowing up to 24 apartment units. For buyers and developers, the site presents flexibility to either utilize the current retail structure or pursue the approved residential construction plan.
WalkScore and transitScore are reported as 61 and 41, respectively, and BikeScore is reported as 52, reflecting a generally moderate pedestrian and transit profile for the area.
The redevelopment path is supported by city planning approval allowing up to 24 apartment units. For buyers and developers, the site presents flexibility to either utilize the current retail structure or pursue the approved residential construction plan.
WalkScore and transitScore are reported as 61 and 41, respectively, and BikeScore is reported as 52, reflecting a generally moderate pedestrian and transit profile for the area.
Key Highlights
- Freestanding retail building, 1,900 sq. ft.
- Set on a 10,000 sq. ft. lot
- City planning approval for construction of up to 24 apartment units
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,635
Businesses Nearby
218k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 30%
Groceries 16%
Apparel 6%
Jons Marketplace
Groceries
34,248 visits/mo
0.1 miles
Starbucks
Dining
30,784 visits/mo
0.2 miles
McDonald's
Dining
24,189 visits/mo
0.4 miles
PLS Financial Services
Shops & Services
17,136 visits/mo
0.1 miles
Bank of America
Shops & Services
16,469 visits/mo
0.2 miles
Demographics for 91405, CA
55,319
Population
19,822
Households
2.8
Avg Household Size
36
Median Age
26%
College-Educated
75%
High-School Grad
3.4 sq mi
ZIP Area
16,270
Density / Sq Mi
$61,207
Median Household Income
$34,833
Median Earnings
$1,736
Median Rent
$698,100
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Storefront property - Freestanding retail building on a 10,000 sq. ft. lot with city-approved plans for up to 24 apartment units.
Where is this storefront property located?
The property is located at 6700 Van Nuys Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,775,000.
What are key features of this property?
This property features: Freestanding retail building, 1,900 sq. ft.; Set on a 10,000 sq. ft. lot; City planning approval for construction of up to 24 apartment units
