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14435 Hamlin ST Van Nuys, CA 91401
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Key Details
Sold Price $3,550,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SR20209426
Sold Date 05/14/21
HOA Y/N No
Year Built 1951
Annual Tax Amount $45,060
Lot Size 0.344 Acres
Property Sub-Type Office
Property Description
Price just reduced over $200,000! Great medical office building with elevator. 3 floors. 2 above ground level. Low rents for the area. Potential of part owner user with almost 65% potentially available for an owner user through month to month tenants or leases coming due within a year. Well maintained and managed by owner. Elevator motors recently replaced within the last few years at a cost of over $150,000. LED lights throughout. Close to the Van Nuys Civic center and courthouse. Price recently reduced to sell. This will not last. Great potential to raise rents and a great 1031 exchange property.
HIGHLIGHTS
Low Rents
Long Term Tenants
Well maintained building
Great 1031 exchange property
Close to Van Nuys Civic Center
Potential owner user building or great with leaving tenants in place
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning C-2
Interior
Heating Central
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Flat
Total Parking Spaces 26
Building
Lot Description 16-20 Units/Acre
Water Public
Others
Tax ID 2237014020
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Brian Hatkoff • Hatkoff Investments