Upgraded Industrial Condominium
7502-7536 Tyrone Ave Van Nuys, CA 91405
For Sale
Contact for pricing
Class A industrial condo with 20' clearance, air-conditioned warehouse, and an office buildout with new restrooms.
Property Size5,386 SF
Price / SF$528.22
Days on Market15
Property Features for 7502-7536 Tyrone Ave
General Information
Standard status
Active
Size
5,386 SF
Property subtype
INDUSTRIAL
Listing Agency:
NAI Capital
(818) 742-1626
Listed By:
Chad Gahr · License #00914504
(818) 742-1626
Source:
Moodyscre
Added: Jul 15
Changed: Jul 25
Last Checked: Jul 28 at 2:56PM
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 NAI Capital
Investment Insights
Based on property information with market context.
This unique Class A industrial condominium features fully upgraded interior improvements, including air-conditioned warehouse space with polished concrete flooring. The unit offers 20' clearance and includes two oversized automated roll-up doors measuring 12' by 10'. A glass-lined office space totaling 865 square feet is included, along with newly installed restrooms.
The property is located within a fenced and secure business park with keycard access, providing controlled entry to the premises.
With its combination of upgraded warehouse finishes, high clearance, and a defined office area, this condominium unit is designed for a streamlined industrial operation with dedicated administrative space.
The property is located within a fenced and secure business park with keycard access, providing controlled entry to the premises.
With its combination of upgraded warehouse finishes, high clearance, and a defined office area, this condominium unit is designed for a streamlined industrial operation with dedicated administrative space.
Key Highlights
- Fully upgraded Class A industrial condominium with 20' clearance
- Air‑conditioned warehouse space with polished concrete
- Two (12' x 10') oversized automated roll‑up doors
Financial Insights For Office B
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 | $206.8k | $38.40 |
| − Vacancy | −$49.8k | −$9.25 |
| EGI | $157.0k | $29.15 |
| − OpEx | −$39.2k | −$7.29 |
| NOI | $117.7k | $21.86 |
5,386 SF · lease $38.40/SF/yr · vacancy 24.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,734 @ 7.0% cap · market cap 4.14%
Second Best
Warehouse
$1.00M
$876.0K – $1.17M
NOI $70,082 @ 7.0% cap · market cap 2.46%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,855 @ 7.0% cap · market cap 7.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Carolyn Lombardo Caterer — 7000 Cantaloupe Ave, Van Nuys, CA 91405
- BUCK'S BBQ CATERING Co. — 14731 Keswick St, Los Angeles, CA 91405
- Out Back Catering — 14731 Keswick St, Van Nuys, CA 91405
- LA Furshet — 7335 Van Nuys Blvd, Van Nuys, CA 91405
- ADN Catering — 14213 Enadia Way, Los Angeles, CA 91405
Frequently Asked Questions
What type of property is this?
Flex space - Class A industrial condo with 20' clearance, air-conditioned warehouse, and an office buildout with new restrooms.
Where is this flex space located?
The property is located at 7502-7536 Tyrone Ave Van Nuys, CA.
What is the asking price?
The asking price for this property is $2,845,000.
What are key features of this property?
This property features: Fully upgraded Class A industrial condominium with 20' clearance; Air‑conditioned warehouse space with polished concrete; Two (12' x 10') oversized automated roll‑up doors
