Vacant-User
14520 Delano Street
14520 Delano St, Los Angeles, CA 91411
Listing Price: $2,500,000
Investment Overview
Marcus & Millichap is pleased to present a rare opportunity to acquire a highly desirable automotive-use commercial building located in the city of Van Nuys (Los Angeles). Due to the variety of auto-related uses the building can accommodate (body repair/body paint w/spray- booth/auto service/auto parts sales/ industrial warehouse/distribution) this value-added or potential owner-user asset will give the new ownership the ability to reposition and/or occupy the subject property. The subject property comprises of approximately 5,000 square feet of building situated upon 7,544 square feet of land.
An Owner/User can obtain favorable Small Business Administration (SBA) Financing. Effectively, it may be more economical to own the building rather than to lease space considering the low down payment needed (10-15 percent) coupled with potential tax advantages of real estate ownership.
Investment Highlights
- 14520 Delano Street a Versatile Automotive Use Building Totaling 5,000 Square Feet with High Ceilings, Spray Booth and a Variety of Possible Uses Situated Upon 7,544 Square Feet of Land
- SBA 504 Financing Available, Down Payments of 10-15 Percent and New SBA Incentives
- Variety of Allowable Automotive/Industrial Uses – Los Angeles City [Q] C2-1VL -CDO
- Less than Two Miles From the 405 Freeway and Los Angeles Valley College (16,194 Students)
- Affluent Five-Mile Demographics: 696,188 Population and Average Household Income of $106,546
- Highly Desirable Auto Body Shop Use in High Barrier to Entry Market of Van Nuys / San Fernando Valley (Los Angeles)
Exclusively Listed By
Financing By
Listing Price: $2,500,000
Investment Highlights
- 14520 Delano Street a Versatile Automotive Use Building Totaling 5,000 Square Feet with High Ceilings, Spray Booth and a Variety of Possible Uses Situated Upon 7,544 Square Feet of Land
- SBA 504 Financing Available, Down Payments of 10-15 Percent and New SBA Incentives
- Variety of Allowable Automotive/Industrial Uses – Los Angeles City [Q] C2-1VL -CDO
- Less than Two Miles From the 405 Freeway and Los Angeles Valley College (16,194 Students)
- Affluent Five-Mile Demographics: 696,188 Population and Average Household Income of $106,546
- Highly Desirable Auto Body Shop Use in High Barrier to Entry Market of Van Nuys / San Fernando Valley (Los Angeles)
Investment Overview
Marcus & Millichap is pleased to present a rare opportunity to acquire a highly desirable automotive-use commercial building located in the city of Van Nuys (Los Angeles). Due to the variety of auto-related uses the building can accommodate (body repair/body paint w/spray- booth/auto service/auto parts sales/ industrial warehouse/distribution) this value-added or potential owner-user asset will give the new ownership the ability to reposition and/or occupy the subject property. The subject property comprises of approximately 5,000 square feet of building situated upon 7,544 square feet of land. An Owner/User can obtain favorable Small Business Administration (SBA) Financing. Effectively, it may be more economical to own the building rather than to lease space considering the low down payment needed (10-15 percent) coupled with potential tax advantages of real estate ownership.