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Office Building with Extra Lot
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8741-8747 Van Nuys Blvd, Panorama City, CA 91402

Existing office property with a separate lot, abundant parking, and potential for medical-office conversion.

Property SizeContact for details
Days on Market10

Property Features for 8741-8747 Van Nuys Blvd

General Information

Standard status Active
Property subtype Retail, Office
Listing Agency: Commercial Real Estate Investments
Listed By: Karl Niehaus · License #CA 01450751
Source: Crexi
Added: Aug 28 Changed: Sep 5 Last Checked: Sep 5 at 2:59PM

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 Commercial Real Estate Investments

Investment Insights

Based on property information with market context.

The property includes a 15,046 SF office building on 16,774 SF of land, together with an additional 9,155 SF lot. The existing improvements may support conversion to medical office, and the property qualifies for medical uses. The additional land contributes parking capacity and expands the overall site configuration.

Located at 8741-8747 Van Nuys Blvd in Panorama City, the property is within one block of two supermarkets and within three blocks of Walmart, malls, and other retailers. A new rail station under construction approximately three blocks away is planned to connect with Orange, Red, and MetroLink rail lines. The site also offers access to the 405, 5, 118, and 170 freeways, with seven schools within one mile and Kaiser Permanente Medical Center just over one mile away.

The surrounding area includes more than 73,000 residents within one mile and more than 175,000 within two miles.

Key Highlights

  • 15,046 SF office building on 16,774 SF of land
  • Additional 9,155 SF lot included
  • Property qualifies for medical uses and may be converted to medical office

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Carpet & Flooring Store (Bike/Boat/Book/etc) Store Bar & Pub Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,853
Businesses Nearby

Demographics for 91402, CA

70,140
Population
20,570
Households
3.4
Avg Household Size
35
Median Age
19%
College-Educated
67%
High-School Grad
3.7 sq mi
ZIP Area
18,957
Density / Sq Mi
$56,369
Median Household Income
$31,452
Median Earnings
$1,607
Median Rent
$586,500
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Existing office property with a separate lot, abundant parking, and potential for medical-office conversion.
Where is this office building located?
The property is located at 8741-8747 Van Nuys Blvd Panorama City, CA.
What is the asking price?
The asking price for this property is $4,425,000.
What are key features of this property?
This property features: 15,046 SF office building on 16,774 SF of land; Additional 9,155 SF lot included; Property qualifies for medical uses and may be converted to medical office
(310) 826-8200 Call to check price and availability
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