Class A Industrial Condo
For Sale
Contact for pricing
7502-7536 Tyrone Ave, Van Nuys, CA 91405
Upgraded industrial condominium units feature 20-foot clearance, air-conditioned warehouse space, and keycard-controlled access.
Property Size3,241 SF
Price / SF$539.96
Days on Market106
Property Features for 7502-7536 Tyrone Ave
General Information
Standard status
Active
Size
3,241 SF
Class
A
Property subtype
INDUSTRIAL
Additional Details
Fenced Yard
Yes
Clear Height
20 ft
Amenities
air conditioned warehouse space
polished concrete floors
new restrooms
fenced and secure business park
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 25
Last Checked: Oct 26 at 7:46PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
These Class A industrial condominium units are fully upgraded and designed for modern operations. The warehouse areas offer 20' clearance and include oversized, automated 12' x 10' roll-up doors. Warehouse space is air conditioned with polished concrete floors, and each unit includes approximately 1,097 SF of office space with new restrooms.
The units are located within a fenced and secure business park. Access is managed via keycard entry.
Common improvements include polished concrete flooring, updated office accommodations with new restrooms, and automated roll-up door functionality to support efficient day-to-day use.
The units are located within a fenced and secure business park. Access is managed via keycard entry.
Common improvements include polished concrete flooring, updated office accommodations with new restrooms, and automated roll-up door functionality to support efficient day-to-day use.
Key Highlights
- Class A industrial condominium with fully upgraded units and 20' clearance
- Air‑conditioned warehouse space with polished concrete floors
- Oversized automated roll‑up door: 12' x 10'
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$70,846
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,416,920
$1.4M
Cap Rate 7%
$1,012,086
$1.0M
Cap Rate 9%
$787,178
$787.2K
Market Conditions
NOI Build-Up for 3,241 SF
Gross rent
$124.5K $38.40/SF
− Vacancy
−$30.0K −$9.25/SF
EGI
$94.5K $29.15/SF
− OpEx
−$23.6K −$7.29/SF
NOI
$70.8K $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%
$1,416,920
Cap Rate 7%
$1,012,086
Cap Rate 9%
$787,178
Alternative Uses
Best Use
Office B
$1.01M
$885.6K – $1.18M
NOI $70,846 @ 7.0% cap · market cap 4.05%
Second Best
Warehouse
$602.5K
$527.2K – $702.9K
NOI $42,172 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$1.74M
$1.52M – $2.02M
NOI $121,465 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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 - Upgraded industrial condominium units feature 20-foot clearance, air-conditioned warehouse space, and keycard-controlled access.
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 $1,750,000.
What are key features of this property?
This property features: Class A industrial condominium with fully upgraded units and 20' clearance; Air‑conditioned warehouse space with polished concrete floors; Oversized automated roll‑up door: 12' x 10'
