6727 odessa avenue, van nuys, ca 91406 - loopnet · property known as 6727 odessa avenue, van nuys,...

OFFICE | INDUSTRIAL/FLEX BUILDING FOR SALE6727 Odessa Avenue, Van Nuys, CA 91406

RANDY KOBATA818.223.4383 | BRE #01311816

[email protected] ID #01191898

CLAY STEVENS818.933.0311 | BRE #01938352

[email protected]


2

6727 ODESSA AVENUE

EXECUTIVE SUMMARY ........................................................................................... 5

PROPERTY DESCRIPTION ...................................................................................... 7

LOCATION OVERVIEW .......................................................................................... 14

TABLE OF CONTENTS

Lee & Associates® - LA North/Ventura • 15250 Ventura Blvd, #100, Sherman Oaks, CA 91403 • 818.986.9800 • Corp ID #01191898No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

6727

ODE

SSA

AVEN

UE

3

DISCLAIMER

INFORMATIONAL BROCHURE

The material contained herein is confidential and is presented strictly as information for the exclusive use of the prospective purchaser. Acceptance of this brochure by the prospective purchaser constitutes an agreement not to divulge, share or distribute the information to any other party, except legal counsel and financial advisors, without the specific written authorization of the Seller or Lee & Associates.

The materials herein have been obtained from sources believed to be reliable. Nevertheless, the Seller nor Lee & Associates make no warranties or representations, expressed or implied, concerning the accuracy or completeness of this information. This document is submitted subject to errors, omissions, changes in price; rental, market or otherwise and withdrawal without notice.

No broker or agent, other than Lee & Associates Seller’s exclusive representative, is authorized to present this investment opportunity.

Interested buyers should be aware that the owner (the “Seller”) of the property known as 6727 Odessa Avenue, Van Nuys, CA 91406 (“Property”) is selling the property in “AS IS” CONDITION WITH ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR NATURE, EXCEPT WARRANTY OF TITLE. Prior to and/or after contracting to purchase as appropriate, Buyer will be given a reasonable opportunity to inspect and investigate the Property and all improvements thereon, either independently or through agents of Buyer’s choosing.

Buyer shall not be entitled to, and should not, rely on the Seller, or its agents as the (i) the quality, nature, adequacy and physical condition of the Property including, but not limited to the structural element, foundation, roof, appurtenances, access, landscaping, parking facilities and the electrical, HVAC, plumbing, sewage, and utility systems, facilities and appliances. (ii) the quality, nature adequacy and physical condition of soils and geology and the existence of ground water, (iii) the existence, quality, nature adequacy and physical condition of utilities serving the Property, (iv) the development potential of the Property, its habitability, merchantability, or fitness, suitability or adequacy of the Property for any particular purpose, (v) the zoning or the legal status of the Property, (vi) the Property’s or its operations’ compliance

with applicable codes, laws, regulations, statutes, ordinances, covenants, conditions and restrictions of any governmental, quasi-governmental entity or any other person or entity, (vi) the quality of any labor and materials, (viii) the compliance of Property with any environmental protection, pollution or land use laws, rules regulations, orders or requirements including but not limited to those pertaining to the handling, generating, storing or disposing of any hazardous materials, and (ix) except as expressly provided otherwise in an executed contract of sale, the condition of title and the nature, status and extent of any right-of-way, lease, right of redemption, possession, lien, encumbrance, license, reservation, covenant, condition restriction and any other matter affecting the title. Although Seller’s predecessors may have performed work, or contracted for work performed by third parties in connection with the Property, the Seller, and its agents shall not be responsible to Buyer or any successor on account of any errors or omissions or construction defects of such predecessors and/or third parties.

The Seller reserves the right to withdraw the property being marketed at any time without notice, to reject all offers, and to accept any offer without regard to the relative price and terms of any other offer. Any offer to buy must be: (i) presented in the form of a non-binding letter of intent, (ii) incorporated in a formal written contract of purchase and sale to be prepared by or on behalf of the Seller and executed by both parties; and (iii) approved by Seller, and such other parties who may have an interest in the Property. Neither the prospective Buyer nor Seller shall be bound until execution of the contract of purchase and sale, which contract shall supersede prior discussions and constitute the sole agreement of the parties.

The Seller shall not be responsible for the payment of any commission, finder’s fee or other form of compensation to Buyer’s broker unless agreed to in a separate commission agreement between all parties.

SELLER AND ITS AGENTS MAKE NO REPRESENTATIONS OR WARRANTIES AS TO THE ACCURACY OR COMPLETENESS OF SUCH INFORMATION.

6727

ODE

SSA

AVEN

UE

EXECUTIVE SUMMARY


6727

ODE

SSA

AVEN

UE

5

EXECUTIVE SUMMARY

Executive Summary

Lee & Associates, as exclusive advisors to the Seller, are pleased to present a rare office/industrial/flex/medical building in the heart of the San Fernando Valley. The property is located just South of the Van Nuys airport, one of the busiest general aviation airports in the world, and overlooks the Van Nuys golf course. Furthermore, the property offers great access to the 405, 101 and 118 freeways. With virtually no inventory in the immediate area, 6727 Odessa Avenue offers a unique opportunity to acquire a high-quality building in one of San Fernando Valleys most desirable areas.

Offering Highlights

• Central location with quick access to 405 Freeway, 101 Freeway, Ventura Boulevard and other major thoroughfares

• Van Nuys Airport-adjacent with golf course views

• Large gated and secured yard with 50+ parking spaces

• 100% HVAC throughout with well-appointed office space

• Storage area with ground level loading

• LAM1 zoned

• Z1-2374 Los Angeles State Enterprise Zone

Property Description

The offering is a freestanding two-story building totaling ±17,065 square feet on an approximate 29,999 square foot lot. The building offers a unique opportunity for an Owner/User or Investor to purchase a building in a very desirable part of the San Fernando Valley sitting on an oversized lot. The building has been extensively renovated for office space and can be used as a single or multiple tenant property. The property’s location in a state enterprise zone provides employment and economic incentives for Users/Buyers including, but not limited to, tax credits, lower parking ratios for office, business, retail, trade schools, and R&D facilities allowing for a multitude of uses including medical office and other traditionally high parking requirement uses.

6727

ODE

SSA

AVEN

UE

PROPERTY DESCRIPTION


6727

ODE

SSA

AVEN

UE

7

PROPERTY DESCRIPTION

Property Overview

Sale Price: $5,350,000

Address: 6727 Odessa Avenue Van Nuys, CA 91406

APN: 2231-006-013

Product Type: 2-Story Industrial/Office Building

Building SF: 17,065 SF 1st Floor: 8,530 SF 2nd Floor: 8,535 SF

Parcel Size: 29,999 SF

Ceiling Height: 10 Feet

Zoning: LA-M1 Z1-2374 Los Angeles State Enterprise Zone

Parking Spaces: ±50 Spaces

Year Built: 1972

Freeway Access: Access to 405 Fwy via Victory Blvd less than 1 mile


8

6727 ODESSA AVENUE

PROPERTY DESCRIPTION Parking Lot


6727

ODE

SSA

AVEN

UE

9

PROPERTY DESCRIPTION First Floor Plan

UP

UP

UP

OFFICE

OFFICE

OFFICE

OFFICE AREA

OFFICE AREA

OFFICE AREA

WAREHOUSE

CONF RM

ELEC/TEL RMWOMENMEN

MEN

WOM

KITCHEN

N/A OFFICE

19'-4"

10'-1"

9'-7"

38'-7"10'-0"

14'-9"

24'-2"

40'-0"

12'-6"

10'-11" 24'-2"

11'-4"

8'-1"8'-5" 8'-3"

6'-9"

16'-7"

16'-9"

24'-9"

21'-3"

18'-0"18'-0" 18'-1" 44'-7"

15'-1"

14'-4"

UP

19'-10"18'-4"

12'-0"54'-0"

31'-11"

46'-0"

26'-11"

34'-1"

15'-3"

10'-11"

100

100-RHA

SCALE

0 5 10 15 20

FLOOR PLAN

Survey Accuracy: +/- %0.10

Note: All dimensions shown are rounded to thenearest inch, for informational purposes only.All measurements are recorded to 1/8" accuracyas documented in the final CAD drawing supplied.

PREPARED FOR:Balco Properties LTD LLC6727 Odessa AveVan Nuys, CA 91406Tel (510) 755-5581

6727 ODESSA AVEVAN NUYS, CA

(As Measured: June 2018)FIRST FLOOR

TEL: (888) 393-6655FILE: 18-292

LASERTECH® is a registered US trademark of Lasertech® Floorplans Ltd.Copyright 1998 Lasertech® Floorplans Ltd., All Rights Reserved

*Measured Area represents the footprint of the floor, and is usedsolely for billing purposes. It is NOT to be used for leasing purposes.

*Measured Area: 8,530 s.f.

OD

ESS

A A

VE


10

6727 ODESSA AVENUE

UP

DN

DN

DN

DN

OFFICE OFFICE

OFFICE

OFFICE

OFFICE

OFFICEOFFICEOFFICEOFFICE CONFERENCE RM

OFFICE AREA

CONFERENCE RM

OFFICE

OFFICE AREA

WOM MEN

JAN

STRG STRG

STRG

LOBBY

CONF RM

11'-11" 24'-1" 11'-9" 7'-1"

11'-7" 11'-8" 16'-8"

13'-2"39'-11"

14'-1"

58'-6"

12'-3" 24'-7" 16'-0" 12'-0"

12'-1"12'-1"

18'-3"

7'-9"

17'-10"

17'-9"

17'-10"

15'-3"

WOM

18'-11"

17'-7"

11'-7"

18'-11"

15'-3"

11'-1"

43'-8"

27'-6"

15'-6"

28'-1"

53'-6"

14'-0"12'-4"

20'-5"

16'-0"

45'-3"

STRG

200

SCALE

0 5 10 15 20

FLOOR PLAN

Survey Accuracy: +/- %0.11

Note: All dimensions shown are rounded to thenearest inch, for informational purposes only.All measurements are recorded to 1/8" accuracyas documented in the final CAD drawing supplied.

PREPARED FOR:Balco Properties LTD LLC6727 Odessa AveVan Nuys, CA 91406Tel (510) 755-5581

6727 ODESSA AVEVAN NUYS, CA

(As Measured: June 2018)SECOND FLOOR

TEL: (888) 393-6655FILE: 18-292

LASERTECH® is a registered US trademark of Lasertech® Floorplans Ltd.Copyright 1998 Lasertech® Floorplans Ltd., All Rights Reserved

*Measured Area represents the footprint of the floor, and is usedsolely for billing purposes. It is NOT to be used for leasing purposes.

*Measured Area: 8,535 s.f.

PROPERTY DESCRIPTION Second Floor Plan


6727

ODE

SSA

AVEN

UE

11

PROPERTY DESCRIPTION Parcel Map


12

6727 ODESSA AVENUE

PROPERTY DESCRIPTION Locator Map

6727

ODE

SSA

AVEN

UE

LOCATION OVERVIEW


14

6727 ODESSA AVENUE

LOCATION OVERVIEW Aerial View


6727

ODE

SSA

AVEN

UE

15

LOCATION OVERVIEW Aerial View


16

6727 ODESSA AVENUE

LOCATION OVERVIEW Radius Map


6727

ODE

SSA

AVEN

UE

17

LOCATION OVERVIEW Amenities Aerial

Randy Kobata Principal 818.223.4383 [email protected] License # 01311816

Clay Stevens Associate 818.933.0311 [email protected] License #01938352

Lee & Associates®-LA North/Ventura, Inc. • Corporate ID # 01191898 • A Member of the Lee & Associates Group of Companies15250 Ventura Boulevard, Suite 100, Sherman Oaks, California 91403

No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease and availability are subject to change or withdrawal without notice.

For additional information and to schedule a tour of the property, please contact:

6727 odessa avenue, van nuys, ca 91406 - loopnet · property known as 6727 odessa avenue, van nuys,...

Documents