$1,460,000
$1,600,000
8.8%For more information regarding the value of a property, please contact us for a free consultation.
16918 Saticoy Van Nuys, CA 91406
0.29 Acres Lot
Key Details
Sold Price $1,460,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID TR26126808
Sold Date 07/24/26
HOA Y/N No
Year Built 1954
Lot Size 0.292 Acres
Property Sub-Type Mixed Use
Property Description
Once in a lifetime opportunity!!!
16918 Saticoy Street offers investors and owner-users the opportunity to acquire a freestanding commercial property in the desirable Lake Balboa submarket of San Fernando Valley. Positioned on a large, approximately 12,720 SF lot with excellent visibility along Saticoy Street, the property provides strong exposure, convenient access, and long-term upside potential.
This Free-standing 2046 SF building is suitable for a variety of commercial uses, making it an attractive opportunity for owner-occupants, investors, or redevelopment-minded users. The building has been repiped recently, a new air conditioner, and a new roof /ceiling. After four decades of family-owned coffee operation, the owner decides to retire and pass the torch to those who are willing to work hard & earn money instantly. Sales price includes business.
The Coffee is currently in operation with positive cash flow. Business will be included in the sales price. Drive by only, please NO DISTURBANCE to the business.
Location
State CA
County Los Angeles
Area Vn - Van Nuys
Zoning LAC2
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description 2-5 Units/Acre, Paved
Story 1
Water Public
Others
Tax ID 2203014003
Security Features Security System,Smoke Detector(s)
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash
Special Listing Condition Standard
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Bought with Jinding Chen Pinnacle Real Estate Group
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