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    16214-16300 Lindbergh St Los Angeles, CA 91406

    Sponsored
    For Sale
    $7,900,000

    35,000 SF Multi-Use Facility, $7.9M

    Property size:
    35,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 35,000 square foot multi-use property, located at 16214-16300 Lindbergh St, Los Angeles, CA 91406, presents a unique investment opportunity. Situated on a 1.35-acre lot in Los Angeles County, this campus boasts three buildings ideally suited for a variety of uses, including executive office space, warehousing, and manufacturing. Built in 1985, the property features a flexible layout with ceiling heights ranging from 12 to 18 feet, providing ample vertical space. The zoning designation is (TXQ)M2-1VL, offering considerable versatility. The property includes 65 parking spaces, a significant advantage for employees and visitors, and three dock-high doors for efficient loading and unloading. The land value is $225.67 per square foot. Enjoy fabulous runway views from this secure location with covered parking and a well-distributed power supply. Multiple services are readily available, making this a highly functional and desirable location. This property offers a compelling combination of size, location, and versatility, making it an ideal investment for discerning buyers seeking a strong return on investment in a prime Van Nuys Airport location. The APN is 2205004026.

    Property Features for 16214-16300 Lindbergh St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    35,000 SF
    Lot Size
    58,806 SF

    Building Details

    Year Built
    1985

    HighLights

    • $7,900,000 asking price.
    • 35,000 square foot office/industrial building.
    • Executive Office, Warehouse, and Manufacturing permitted uses.
    • 1.35‑acre lot in Los Angeles, CA.
    • Built in 1985.
    • 65 parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Building Supply Hair Salon Wholesale Shop Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.4869893
    Latitude
    34.2140377

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    FAQs

    What type of property is this?
    Manufacturing property - 35,000 SF Multi-Use Facility, $7.9M
    Where is this manufacturing property located?
    The property is located at 16214-16300 Lindbergh St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $7,900,000.
    What are key features of this property?
    This property features: $7,900,000 asking price.; 35,000 square foot office/industrial building.; Executive Office, Warehouse, and Manufacturing permitted uses.
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16214-16300 Lindbergh St Los Angeles, CA 91406
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