Upgraded Industrial Condominium
For Sale
Contact for pricing
7502-7536 Tyrone Ave, Van Nuys, CA 91405
Class A industrial condo with 20' clearance, air-conditioned warehouse, and an office buildout with new restrooms.
Property Size5,386 SF
Price / SF$470.66
Days on Market105
Property Features for 7502-7536 Tyrone Ave
General Information
Standard status
Active
Size
5,386 SF
Class
A
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Clear Height
20 ft
Amenities
Fully Upgraded Units
Air Conditioned Warehouse Space
Polished Concrete
New Restrooms
Fenced and Secure Business Park with Keycard Access
Listing Agency:
NAI Capital
(818) 905-2400
Listed By:
Chad Gahr · License #01230414
(818) 742-1626
Source:
Moodyscre
Added: Jul 15
Changed: Oct 26
Last Checked: Oct 26 at 7:01PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$117,734
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,354,680
$2.4M
Cap Rate 7%
$1,681,914
$1.7M
Cap Rate 9%
$1,308,156
$1.3M
Market Conditions
NOI Build-Up for 5,386 SF
Gross rent
$206.8K $38.40/SF
− Vacancy
−$49.8K −$9.25/SF
EGI
$157.0K $29.15/SF
− OpEx
−$39.2K −$7.29/SF
NOI
$117.7K $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%
$2,354,680
Cap Rate 7%
$1,681,914
Cap Rate 9%
$1,308,156
Alternative Uses
Best Use
Office B
$1.68M
$1.47M – $1.96M
NOI $117,734 @ 7.0% cap · market cap 4.64%
Second Best
Warehouse
$1.00M
$876.0K – $1.17M
NOI $70,082 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$2.88M
$2.52M – $3.36M
NOI $201,855 @ 7.0% cap · market cap 7.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
20 ft
Clear height
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
1,906
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Carolyn Lombardo Caterer — 7000 Cantaloupe Ave, Van Nuys, CA 91405
- ADN Catering — 14213 Enadia Way, Los Angeles, CA 91405
- LA Furshet — 7335 Van Nuys Blvd, 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
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 $2,535,000.
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
