Commercial Land Development
For Sale
Contact for pricing
6856 Van Nuys Blvd, Van Nuys, CA 91405
Mixed retail and development opportunity with potential for multi-family or self-storage use and up to 297 affordable units.
Property Size15,945 SF
Price / SF$490.53
Days on Market31
Property Features for 6856 Van Nuys Blvd
General Information
Standard status
Active
Size
15,945 SF
Property subtype
RETAIL
Listing Agency:
Kidder Mathews
(818) 939-2660
Listed By:
Ryan McKenzie, CCIM
(818) 939-2660
Source:
Moodyscre
Added: Jul 1
Changed: Jul 26
Last Checked: Jul 31 at 12:16PM
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 Kidder Mathews
Investment Insights
Based on property information with market context.
This offering presents a retail and/or development opportunity for the property at 6856 Van Nuys Blvd, Van Nuys, CA 91405. The site is being marketed with the potential for multi-family and/or self storage development.
Public remarks also indicate the potential for 297 affordable units. The property is available for sale, and prospective buyers are encouraged to review development feasibility and any applicable requirements directly for the intended use(s).
Public remarks also indicate the potential for 297 affordable units. The property is available for sale, and prospective buyers are encouraged to review development feasibility and any applicable requirements directly for the intended use(s).
Key Highlights
- Mixed retail and development opportunity
- Potential for multi‑family or self‑storage use
- Potential for up to 297 affordable units
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 | $539.6k | $33.84 |
| − Vacancy | −$35.6k | −$2.23 |
| EGI | $504.0k | $31.61 |
| − OpEx | −$151.2k | −$9.48 |
| NOI | $352.8k | $22.12 |
15,945 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$5.04M
$4.41M – $5.88M
NOI $352,777 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.54M
$7.47M – $9.96M
NOI $597,582 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,553
Businesses Nearby
448k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 33%
Home Improvements & Furnishings 23%
Dining 20%
Shops & Services 19%
The Home Depot
Home Improvements & Furnishings
90,958 visits/mo
0.3 miles
Burlington
Apparel
56,589 visits/mo
0.3 miles
Ross Dress for Less
Apparel
52,598 visits/mo
0.3 miles
McDonald's
Dining
34,498 visits/mo
0.2 miles
Five Below
Shops & Services
30,297 visits/mo
0.3 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 West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fiori by Fiore — 14127 Kittridge St, Van Nuys, CA 91405
- Royal Orchid Flowers & Chocolates — 14055 Victory Blvd, Valley Glen, CA 91401
- Flower Delivery Van Nuys — 6311 van nuys blvd, van nuys, ca 91401
- Pink Clover Flowers Van Nuys — 14045 gilmore st, van nuys, ca 91401
- La Fiesta Flowers Party Supply — 14524 1/2 Archwood St, Van Nuys, CA 91405
Frequently Asked Questions
What type of property is this?
Storefront property - Mixed retail and development opportunity with potential for multi-family or self-storage use and up to 297 affordable units.
Where is this storefront property located?
The property is located at 6856 Van Nuys Blvd Van Nuys, CA.
What is the asking price?
The asking price for this property is $7,821,500.
What are key features of this property?
This property features: Mixed retail and development opportunity; Potential for multi‑family or self‑storage use; Potential for up to 297 affordable units
