16122 Cantlay

Van Nuys, CA 91406

"LAND VALUE OPPORTUNITY | INCOME-PRODUCING PROPERTY | DEVELOPMENT POTENTIAL" Exceptional opportunity for investors, developers, and owner-users! Situated on an approximately 12,135-square-foot lot in Van Nuys, this property offers a compelling combination of current rental income and future development potential. Currently tenant-occupied and generating $4,000 per month in rental income ($48,000 annually), the property provides income while buyers explore their long-term plans. The seller has approved plans for an auto body shop, offering a potential path forward for buyers interested in an automotive-related business. Beyond the existing plans, the property’s land value and location present an opportunity for buyers to explore alternative development concepts and potential uses, subject to applicable zoning, approvals, and governmental requirements. Whether pursuing an automotive facility, evaluating other permitted uses, or holding the property as an income-producing investment, buyers can explore a range of possibilities to suit their investment strategy. Conveniently located in the San Fernando Valley near Van Nuys Airport, major thoroughfares, and the 405 Freeway, this property offers an attractive opportunity for those looking to invest in land with existing income and future potential. Bring your vision and explore the possibilities! Buyer to independently verify all property information, rental terms, income, zoning, permitted uses, existing plans, approvals, permits, and development potential with the appropriate parties and governmental agencies. No representation is made regarding uses that have not been approved.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.