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16116 Saticoy Street

Lake Balboa, CA 91406
  • $855,000
  • STATUS: PENDING
  • ON SITE: 31 Days
  • ID#: GD22258679
Pending
UPDATED: 229 min ago
$855,000
  • 4
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

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! 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!

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.berndbrokerage.com/homes/135727946
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16116 Saticoy Street Lake Balboa, CA 91406

  • Price: $855,000
  • Status: PENDING
  • On Site: 31 Days
  • Updated: 229 min ago
  • ID#: GD22258679
4
Beds
0
Baths
0
½ Baths
0.18
Acres
Neighborhood:
Van Nuys (91406)
County:
Los Angeles
Area:
Van Nuys (91406)
Property 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! 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!
Exterior Features

Parking For RV On-Site ParkingPotential Space Pool N/K Site Sidewalks

Interior Features

Total Baths Unit1 1 Total Baths Unit2 1

Property Features

Annual Expense Actual 0 Buildings 1 Cfd Mello Roos Fee 0.0 Cfd Mello Roos Fee Reflects Year Gross Scheduled Income Actual 0 Terms CashConventional Unit Number For Unit1 1 Unit Number For Unit2 2 Unit1 Rent Actual 0.0 Unit2 Rent Actual 0.0 Zoning Assessor

San Diego MLS logo Listing provided courtesy of Johnhart Real Estate: [IDXCONTACTINFORMATION]. Listing information © 2023 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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