16116 Saticoy St

Van Nuys, CA 91406 Sold for $1,111,111
 


Beds: 4  Baths: 2  Structure Size: 1,636 sqft  Lot Size: 7,872 sqft


Property Facts
MLS GD22258679
Year Built 1950
Property Type Residential Income
Property Subtype MultiFamily
County Los Angeles
Status Sold
Sold $1,111,111
Structure Size 1,636 sqft
Lot Size 7,872 sqft
Beds 4
Baths 2

Description

Investors wanted! Great opportunity in Lake Balboa just across from the Van Nuys Airport! The possibilities are endless with this multi-family duplex that is in LAMR1 zoning allowing for commercial use C2 or light manufacturing M1, as well as legal cannabis zoning. Property was previously used as a legal cannabis manufacturing and packaging business. A large, gated parking lot with space for 6+ cars, and at the back of the property is a spacious duplex totaling 1,636 sqft. Each unit features 2-bedrooms, 1-bathroom, and separate gas and electric meters. The property has a total of 2 gas meters and 3 electric meters. Keep the same layout or re-develop for an office building, warehouse, manufacturing, or even residential units. Additional parking can be found in front of the automated gate. The property is spacious 7,872 sqft and has so much potential. Do not miss out!

Listing information courtesy of: Charlie Kachian, JohnHart Real Estate *Based on information from the Association of REALTORS/Multiple Listing as of 11/22/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.


Location


Walkscore

Very Walkable

71%

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16116 Saticoy St, Van Nuys, CA 91406 is a 1,636 sqft multifamily that was built in 1950 with a lot size of 7,872 sqft featuring 4 beds and 2 baths . This property is very walkable! Most errands can be accomplished by foot according to the 71% walkscore.