prime valley glen corner investment...corner near los angeles valley college, noho arts district,...

6000 Woodman Ave, Van Nuys, CA 91401

Prime Valley Glen Corner Investment

Amazing prime corner retail investment in heart of the Valley. Exceptional location on a two-way majorcorner near Los Angeles Valley College, NoHo Arts District, The highly anticipated NOHO West Projectand much more! Directly adjacent to Metro Orange Line stop and local public transport, and walkingdistance to bars, restaurants, grocery stores and more! Currently fully occupied with amazing tenantmix (Restaurant, Lawyer, Dentist, Art Studio). Current 5.9 CAP with upcoming scheduled rent increasesmakes this the perfect exchange or investment!

Price: $2,699,000

Four commercial units and one 2 bed 1 bath residential unitNewly renovated (new paint, HVAC, electric work, and more!)Major Signalized corner with high visibility

Approximately 7,973 SF of building on approximately 10,748 SF of LAC1.5 Zoned land (to be verified)Abundant parking (partially on lease from LA Metro)Existing 5.9 CAP rate

View the full listing here: http://www.crelisting.net/KOr8NWc6g/?StepID=107

Price: $2,699,000Gross Leasable Area: 7,973 SFBuilding Size: 7,973 SFPrice/SF: $338.52Property Type: RetailProperty Sub-type: Strip CenterAdditional Sub-types: Restaurant, Street Retail,

Neighborhood CenterProperty Use Type: Net Lease Investment with

4 years left on leaseCap Rate: 5.90%Occupancy: 100%


Property Details



http://www.crelisting.net/KOr8NWc6g/?StepID=107

Rent Roll

Financial SummaryAnalysisType ActualYear 2017Scheduled Gross Income $183,636Effective Gross Income $214,861Operating Expenses $55,740Net Operating Income $159,122


Financials, Debt and Unit Mix


Location


Location DescriptionCorner of Woodman and Oxnard

Building Photo


Property Photos


Interior Photo Interior Photo


Property Photos



Property Photos



DemographicsPopulation 1-mi. 3-mi. 5-mi. 2015 Male Population 20,658 156,346 342,3662015 Female Population 20,766 159,095 343,094% 2015 Male Population 49.87% 49.56% 49.95%% 2015 Female Population 50.13% 50.44% 50.05%2015 Total Population: Adult 32,735 250,118 533,6122015 Total Daytime Population 33,990 288,609 629,9532015 Total Employees 11,968 118,250 253,8722015 Total Population: Median Age 36 36 352015 Total Population: Adult Median Age 44 43 432015 Total population: Under 5 years 2,652 20,256 46,0562015 Total population: 5 to 9 years 2,330 17,963 42,1592015 Total population: 10 to 14 years 2,315 16,878 39,7842015 Total population: 15 to 19 years 2,512 17,821 41,6092015 Total population: 20 to 24 years 3,049 23,629 52,8652015 Total population: 25 to 29 years 3,519 29,614 62,1112015 Total population: 30 to 34 years 3,455 27,853 58,5092015 Total population: 35 to 39 years 3,025 24,421 51,8742015 Total population: 40 to 44 years 3,107 24,022 51,5392015 Total population: 45 to 49 years 3,030 22,166 47,3252015 Total population: 50 to 54 years 2,966 21,402 45,2512015 Total population: 55 to 59 years 2,775 19,463 41,082



DemographicsPopulation (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total population: 60 to 64 years 2,090 15,423 32,6682015 Total population: 65 to 69 years 1,573 11,197 23,9872015 Total population: 70 to 74 years 1,004 7,669 16,7642015 Total population: 75 to 79 years 741 5,487 11,7882015 Total population: 80 to 84 years 568 4,386 9,1712015 Total population: 85 years and over 713 5,791 10,918% 2015 Total population: Under 5 years 6.40% 6.42% 6.72%% 2015 Total population: 5 to 9 years 5.62% 5.69% 6.15%% 2015 Total population: 10 to 14 years 5.59% 5.35% 5.80%% 2015 Total population: 15 to 19 years 6.06% 5.65% 6.07%% 2015 Total population: 20 to 24 years 7.36% 7.49% 7.71%% 2015 Total population: 25 to 29 years 8.50% 9.39% 9.06%% 2015 Total population: 30 to 34 years 8.34% 8.83% 8.54%% 2015 Total population: 35 to 39 years 7.30% 7.74% 7.57%% 2015 Total population: 40 to 44 years 7.50% 7.62% 7.52%% 2015 Total population: 45 to 49 years 7.31% 7.03% 6.90%% 2015 Total population: 50 to 54 years 7.16% 6.78% 6.60%% 2015 Total population: 55 to 59 years 6.70% 6.17% 5.99%% 2015 Total population: 60 to 64 years 5.05% 4.89% 4.77%% 2015 Total population: 65 to 69 years 3.80% 3.55% 3.50%% 2015 Total population: 70 to 74 years 2.42% 2.43% 2.45%



DemographicsPopulation (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Total population: 75 to 79 years 1.79% 1.74% 1.72%% 2015 Total population: 80 to 84 years 1.37% 1.39% 1.34%% 2015 Total population: 85 years and over 1.72% 1.84% 1.59%2015 White alone 26,526 194,011 396,9572015 Black or African American alone 1,853 14,788 28,2642015 American Indian and Alaska Native alone 298 1,754 4,2592015 Asian alone 2,232 24,596 58,4262015 Native Hawaiian and OPI alone 37 366 8412015 Some Other Race alone 8,480 64,346 163,1602015 Two or More Races alone 1,998 15,580 33,5532015 Hispanic 18,473 137,603 345,7372015 Not Hispanic 22,951 177,838 339,723% 2015 White alone 64.04% 61.50% 57.91%% 2015 Black or African American alone 4.47% 4.69% 4.12%% 2015 American Indian and Alaska Native alone 0.72% 0.56% 0.62%% 2015 Asian alone 5.39% 7.80% 8.52%% 2015 Native Hawaiian and OPI alone 0.09% 0.12% 0.12%% 2015 Some Other Race alone 20.47% 20.40% 23.80%% 2015 Two or More Races alone 4.82% 4.94% 4.89%% 2015 Hispanic 44.59% 43.62% 50.44%% 2015 Not Hispanic 55.41% 56.38% 49.56%



DemographicsPopulation (Cont.) 1-mi. 3-mi. 5-mi. 2015 Not Hispanic: White alone 17,143 124,761 237,5442015 Not Hispanic: Black or African American alone 1,929 13,819 27,0832015 Not Hispanic: American Indian and Alaska Native alone 111 686 1,4792015 Not Hispanic: Asian alone 1,800 20,282 46,2282015 Not Hispanic: Native Hawaiian and OPI alone 46 329 7272015 Not Hispanic: Some Other Race alone 124 842 1,5492015 Not Hispanic: Two or More Races 1,769 10,768 18,053% 2015 Not Hispanic: White alone 41.60% 41.67% 36.89%% 2015 Not Hispanic: Black or African American alone 4.68% 4.62% 4.21%% 2015 Not Hispanic: American Indian and Alaska Native alone 0.27% 0.23% 0.23%% 2015 Not Hispanic: Asian alone 4.37% 6.77% 7.18%% 2015 Not Hispanic: Native Hawaiian and OPI alone 0.11% 0.11% 0.11%% 2015 Not Hispanic: Some Other Race alone 0.30% 0.28% 0.24%% 2015 Not Hispanic: Two or More Races 4.29% 3.60% 2.80%

Population Change 1-mi. 3-mi. 5-mi. Total: Employees (NAICS) n/a n/a n/aTotal: Establishements (NAICS) n/a n/a n/a



DemographicsPopulation Change (Cont.) 1-mi. 3-mi. 5-mi. 2015 Total Population 41,424 315,441 685,4602015 Households 14,554 114,915 231,482Population Change 2010-2015 1,220 11,530 21,650Household Change 2010-2015 20 1,236 2,234% Population Change 2010-2015 3.03% 3.79% 3.26%% Household Change 2010-2015 0.14% 1.09% 0.97%Population Change 2000-2015 212 16,045 41,554Household Change 2000-2015 -97 2,531 7,149% Population Change 2000 to 2015 0.51% 5.36% 6.45%% Household Change 2000 to 2015 -0.66% 2.25% 3.19%

Housing 1-mi. 3-mi. 5-mi. 2015 Housing Units 15,061 116,447 232,0982015 Occupied Housing Units 14,651 112,383 224,3342015 Owner Occupied Housing Units 5,260 38,973 92,2152015 Renter Occupied Housing Units 9,391 73,410 132,1192015 Vacant Housings Units 410 4,063 7,766% 2015 Occupied Housing Units 97.28% 96.51% 96.65%



DemographicsHousing (Cont.) 1-mi. 3-mi. 5-mi. % 2015 Owner occupied housing units 35.90% 34.68% 41.11%% 2015 Renter occupied housing units 64.10% 65.32% 58.89%% 2000 Vacant housing units 2.72% 3.49% 3.35%

Income 1-mi. 3-mi. 5-mi. 2015 Household Income: Median $46,204 $50,513 $53,2482015 Household Income: Average $70,468 $76,934 $80,9702015 Per Capita Income $25,022 $28,266 $27,5412015 Household income: Less than $10,000 915 7,581 14,1902015 Household income: $10,000 to $14,999 1,170 7,499 14,2862015 Household income: $15,000 to $19,999 1,072 7,367 13,5372015 Household income: $20,000 to $24,999 909 6,546 12,5712015 Household income: $25,000 to $29,999 773 6,018 11,5662015 Household income: $30,000 to $34,999 929 6,386 12,3722015 Household income: $35,000 to $39,999 605 5,269 10,7662015 Household income: $40,000 to $44,999 756 5,387 10,7432015 Household income: $45,000 to $49,999 614 4,965 9,8432015 Household income: $50,000 to $59,999 1,151 8,547 18,0562015 Household income: $60,000 to $74,999 1,275 10,800 20,6562015 Household income: $75,000 to $99,999 1,356 12,174 26,5422015 Household income: $100,000 to $124,999 975 8,772 17,7222015 Household income: $125,000 to $149,999 623 4,838 10,5432015 Household income: $150,000 to $199,999 757 5,639 11,763



DemographicsIncome (Cont.) 1-mi. 3-mi. 5-mi. 2015 Household income: $200,000 or more 674 7,127 16,326% 2015 Household income: Less than $10,000 6.29% 6.60% 6.13%% 2015 Household income: $10,000 to $14,999 8.04% 6.53% 6.17%% 2015 Household income: $15,000 to $19,999 7.37% 6.41% 5.85%% 2015 Household income: $20,000 to $24,999 6.25% 5.70% 5.43%% 2015 Household income: $25,000 to $29,999 5.31% 5.24% 5.00%% 2015 Household income: $30,000 to $34,999 6.38% 5.56% 5.34%% 2015 Household income: $35,000 to $39,999 4.16% 4.59% 4.65%% 2015 Household income: $40,000 to $44,999 5.19% 4.69% 4.64%% 2015 Household income: $45,000 to $49,999 4.22% 4.32% 4.25%% 2015 Household income: $50,000 to $59,999 7.91% 7.44% 7.80%% 2015 Household income: $60,000 to $74,999 8.76% 9.40% 8.92%% 2015 Household income: $75,000 to $99,999 9.32% 10.59% 11.47%% 2015 Household income: $100,000 to $124,999 6.70% 7.63% 7.66%% 2015 Household income: $125,000 to $149,999 4.28% 4.21% 4.55%% 2015 Household income: $150,000 to $199,999 5.20% 4.91% 5.08%% 2015 Household income: $200,000 or more 4.63% 6.20% 7.05%

Retail Sales Volume 1-mi. 3-mi. 5-mi. 2015 Childrens/Infants clothing stores $3,965,132 $31,665,222 $64,562,5442015 Jewelry stores $1,408,407 $11,449,531 $23,467,5132015 Mens clothing stores $4,606,036 $36,940,638 $75,580,3602015 Shoe stores $4,686,988 $37,501,773 $76,802,937



DemographicsRetail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Womens clothing stores $7,706,766 $61,651,794 $126,137,7462015 Automobile dealers $59,088,394 $477,465,605 $979,393,4042015 Automotive parts and accessories stores $11,562,654 $92,570,885 $189,192,1902015 Other motor vehicle dealers $1,583,097 $12,482,466 $25,327,2542015 Tire dealers $5,155,963 $41,334,771 $84,513,5212015 Hardware stores $234,820 $1,875,633 $3,893,5042015 Home centers $2,313,545 $18,738,919 $38,958,1602015 Nursery and garden centers $2,795,805 $22,816,458 $47,406,8682015 Outdoor power equipment stores $1,276,383 $10,189,081 $21,024,1432015 Paint andwallpaper stores $269,013 $2,152,613 $4,458,8142015 Appliance, television, and other electronics stores $7,862,987 $63,417,026 $130,267,4412015 Camera andphotographic supplies stores $606,871 $4,947,647 $10,159,4452015 Computer andsoftware stores $21,940,435 $175,178,588 $356,239,0152015 Beer, wine, and liquor stores $3,851,991 $30,986,315 $63,395,1642015 Convenience stores $17,516,523 $140,249,546 $285,896,4912015 Restaurant Expenditures $15,885,538 $127,701,048 $261,990,1072015 Supermarkets and other grocery (except convenience) stores $62,861,104 $500,150,984 $1,018,284,8462015 Furniture stores $5,684,204 $45,895,879 $94,384,5602015 Home furnishings stores $19,422,072 $155,658,460 $318,827,6582015 General merchandise stores $102,314,919 $822,943,582 $1,690,640,2432015 Gasoline stations with convenience stores $53,725,305 $428,935,259 $874,757,750



DemographicsRetail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi. 2015 Other gasoline stations $38,311,785 $305,405,740 $622,871,6852015 Department stores (excl leased depts) $100,906,512 $811,494,051 $1,667,172,7302015 General merchandise stores $102,314,919 $822,943,582 $1,690,640,2432015 Other health and personal care stores $3,997,091 $32,185,208 $65,925,1982015 Pharmacies and drug stores $15,922,335 $127,178,008 $259,758,1762015 Pet and pet supplies stores $4,247,460 $33,891,526 $69,174,3152015 Book, periodical, and music stores $652,959 $5,304,778 $10,879,1282015 Hobby, toy, and game stores $1,857,926 $14,883,597 $30,388,4522015 Musical instrument and supplies stores $192,740 $1,565,961 $3,221,0542015 Sewing, needlework, and piece goods stores $343,297 $2,727,990 $5,552,3242015 Sporting goods stores $1,810,970 $14,794,642 $30,346,249


[email protected](818) 486-7573License: 01928463

Rafael Zargari

Current Occupation: Vice President

Education: University of Southern California, Bachelors of Science, Economics


Broker Profile


mailto:[email protected]

prime valley glen corner investment...corner near los angeles valley college, noho arts district,...

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