16918 Saticoy, Van Nuys, CA 91406
16918 Saticoy, Van Nuys, CA 91406
16918 Saticoy, Van Nuys, CA 91406
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$1,600,000
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0.29 Acres Lot
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16918 Saticoy Van Nuys, CA 91406

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID TR26126808

HOA Y/N No

Year Built 1954

Lot Size 0.292 Acres

Property Sub-Type Mixed Use

Property Description

Once in a lifetime opportunity!!!

16918 Saticoy Street offers investors and owner-users the opportunity to acquire a freestanding commercial property in the desirable Lake Balboa submarket of San Fernando Valley. Positioned on a large, approximately 12,720 SF lot with excellent visibility along Saticoy Street, the property provides strong exposure, convenient access, and long-term upside potential.

This Free-standing 2046 SF building is suitable for a variety of commercial uses, making it an attractive opportunity for owner-occupants, investors, or redevelopment-minded users. The building has been repiped recently, a new air conditioner, and a new roof /ceiling. After four decades of family-owned coffee operation, the owner decides to retire and pass the torch to those who are willing to work hard & earn money instantly. Sales price includes business.

The Coffee is currently in operation with positive cash flow. Business will be included in the sales price. Drive by only, please NO DISTURBANCE to the business.

Location

State CA

County Los Angeles

Area Vn - Van Nuys

Zoning LAC2

Interior

Heating Central

Cooling Central Air

Inclusions Business

Fireplace No

Laundry None

Exterior

Present Use Commercial

Building

Lot Description 2-5 Units/Acre, Paved

Story 1

Water Public

Others

Tax ID 2203014003

Security Features Security System,Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Charlene Li Pinnacle Real Estate Group 626-200-8929, DRE #01193057

NEARBY SCHOOL & BUSINESS

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John Stenberg

John Stenberg

Broker Associate

+1(619) 869-3838

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16918 Saticoy