See Home Value
Los Angeles 91411 Van Nuys
6361 Van Nuys Boulevard
$1,906,247*
Commercial - Off Market

6361 Van Nuys Boulevard

Van Nuys, CA 91401
bedrooms
Studio
bathrooms
0 Bath
$1,170,000 - $1,428,000
Reference Base Price*
46.75%
Since Sep 1, 2019
CA-Los Angeles
Primary Model

About This Property

Amazing rare opportunity to purchase this completely vacant nearly 4,800 sq. ft. prime retail building amongst all the busy shops on Van Nuys Blvd. Build-out this vast space to suit your specific needs. Ample easy customer parking on Van Nuys Blvd. plus, behind the structure on Friar St. is an ultra-convenient large city parking lot. Subject property affords four rear parking spaces and an upper level mezzanine offering superb storage ability......Don't Miss! Tax records have as 6361 Van Nuys Blvd., however address on building is 6363. This property is in a designated Opportunity Zone designed to spur economic development by providing tax benefits to investors. First, investors can defer tax on any prior gains invested in a Qualified Opportunity Fund (QOF) until the earlier of the date on which the investment in a QOF is sold or exchanged, or December 31, 2026.   If the QOF investment is held for longer than 5 years, there is a 10% exclusion of the deferred gain. If held for more than 7 years, the 10% becomes 15%.  Second, if the investor holds the investment in the Opportunity Fund for at least ten years, the investor is eligible for an increase in basis of the QOF investment equal to its fair market value on the date that the QOF investment is sold or exchanged. Seek the advice of your tax professional.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Aug 15, 2019 No longer available -
No longer available
May 22, 2019 Price Decreased $1,299,000
↓ $100K (7.2%)
Price Decreased
May 1, 2019 Listed $1,399,000
Listed

Property Highlights

Air Conditioning


Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,525 ft²
$836/ft²
$1,275,000 Mar 9, 2023
-
-
House
4 Beds
2 Baths
1,816 ft²
$752/ft²
$1,364,999 Jan 17, 2023
-
-
House
2 Beds
1 Bath
1,228 ft²
$1,038/ft²
$1,275,000 Jan 16, 2023
-
-
House
3 Beds
2 Baths
1,341 ft²
$894/ft²
$1,199,000 Feb 20, 2023
-
-
Multifamily
7 Beds
-
-
$1,479,000 Feb 27, 2023
-
-
House
2 Beds
1 Bath
1,107 ft²
$1,016/ft²
$1,125,000 Mar 1, 2023
-
-

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181205
12/05/2018
Studio
-
-
$1,399,000
bedrooms
Studio
bathrooms
-
-
-
-
-

Building Info

6361 North Van Nuys Boulevard 6361 North Van Nuys Boulevard, Van Nuys, CA 91401
More about this Building
6361 North Van Nuys Boulevard
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About South Valley


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