Shopping Auto Center
14242 Oxnard St
14242 Oxnard St, Los Angeles, CA 91401
Listing Price: $4,400,000
Investment Overview
Marcus & Millichap is pleased to present for sale on an exclusive basis, 14242 Oxnard St. in Van Nuys, CA, an approximate 9,850-square-foot autobody and repair facility situated on a 0.30-acre CM-1VL zoned parcel. This offering represents a rare opportunity for an investor or owner-user in the highly sought-after Van Nuys submarket. The property features a permitted spray booth, eight service bays, 14’–15’ clear heights, an improved second-floor office, and five separate electrical meters, allowing for flexible use and potential multi-tenant occupancy. A gated concrete parking lot with a clarifier provides ample space, accommodating over 20 vehicles in tandem. Additionally, a new roof was installed in September 2023 with approximately 8.5 years of warranty remaining.
Strategically positioned in a high-traffic location just north of Sherman Oaks, the property sits one block east of the Oxnard St. & Van Nuys Blvd. intersection and benefits from 100 feet of frontage on Oxnard Street, with exposure to over 30,870 vehicles per day. Its proximity to numerous auto dealerships along with the areas extremely dense population creates a built-in customer base, making it an ideal location for an automotive business.
This asset also offers significant rental upside, with the existing lease expiring December 31, 2025, and no renewal options. The current rent is over 30% below fair market value, allowing investors to increase rental income substantially upon lease expiration. For an Owner/User, this represents an opportunity to secure favorable SBA financing and take occupancy of a turnkey facility at lease expiration in a market with very limited autobody availability (sub 1% market vacancy).
Located in the heart of the San Fernando Valley, Van Nuys is a thriving commercial and industrial hub known for strong economic growth, high tenant demand, and a business-friendly environment. The property offers seamless access to the 405 and 101 freeways, providing excellent regional connectivity to Los Angeles and beyond. With rising property values, strong market fundamentals, and a central location, this investment presents a highly compelling opportunity in one of Los Angeles' most dynamic submarkets.
14242 Oxnard St
Investment Highlights
- Rare Autobody & Repair Shop with Permitted Spray Booth - A unique opportunity to acquire a fully equipped and operational facility
- Exceptional Visibility & Exposure – Boasting 100 feet of frontage on Oxnard Street, ensuring strong street presence
- Versatile Owner/User or Investment Opportunity – Existing lease expires 12/30/2025, with no renewal options, offering flexibility for an owner-user or the ability to reset rents to market levels
- Significant Rental Upside Potential – Current rent is over 30% below fair market value, presenting a lucrative investment opportunity
- Recent Capital Improvement – New roof installed in September 2023, with approximately 8.5 years of warranty remaining
- Proximity to Major Auto Dealerships – Strategically located near numerous dealerships, boosting the customer base
Listing Price: $4,400,000
Investment Highlights
- Rare Autobody & Repair Shop with Permitted Spray Booth - A unique opportunity to acquire a fully equipped and operational facility
- Exceptional Visibility & Exposure – Boasting 100 feet of frontage on Oxnard Street, ensuring strong street presence
- Versatile Owner/User or Investment Opportunity – Existing lease expires 12/30/2025, with no renewal options, offering flexibility for an owner-user or the ability to reset rents to market levels
- Significant Rental Upside Potential – Current rent is over 30% below fair market value, presenting a lucrative investment opportunity
- Recent Capital Improvement – New roof installed in September 2023, with approximately 8.5 years of warranty remaining
- Proximity to Major Auto Dealerships – Strategically located near numerous dealerships, boosting the customer base
Investment Overview
Marcus & Millichap is pleased to present for sale on an exclusive basis, 14242 Oxnard St. in Van Nuys, CA, an approximate 9,850-square-foot autobody and repair facility situated on a 0.30-acre CM-1VL zoned parcel. This offering represents a rare opportunity for an investor or owner-user in the highly sought-after Van Nuys submarket. The property features a permitted spray booth, eight service bays, 14’–15’ clear heights, an improved second-floor office, and five separate electrical meters, allowing for flexible use and potential multi-tenant occupancy. A gated concrete parking lot with a clarifier provides ample space, accommodating over 20 vehicles in tandem. Additionally, a new roof was installed in September 2023 with approximately 8.5 years of warranty remaining. Strategically positioned in a high-traffic location just north of Sherman Oaks, the property sits one block east of the Oxnard St. & Van Nuys Blvd. intersection and benefits from 100 feet of frontage on Oxnard Street, with exposure to over 30,870 vehicles per day. Its proximity to numerous auto dealerships along with the areas extremely dense population creates a built-in customer base, making it an ideal location for an automotive business. This asset also offers significant rental upside, with the existing lease expiring December 31, 2025, and no renewal options. The current rent is over 30% below fair market value, allowing investors to increase rental income substantially upon lease expiration. For an Owner/User, this represents an opportunity to secure favorable SBA financing and take occupancy of a turnkey facility at lease expiration in a market with very limited autobody availability (sub 1% market vacancy). Located in the heart of the San Fernando Valley, Van Nuys is a thriving commercial and industrial hub known for strong economic growth, high tenant demand, and a business-friendly environment. The property offers seamless access to the 405 and 101 freeways, providing excellent regional connectivity to Los Angeles and beyond. With rising property values, strong market fundamentals, and a central location, this investment presents a highly compelling opportunity in one of Los Angeles' most dynamic submarkets.
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