For Sale

| Type: | Commercial/Retail | | Broker: | Richard | | Square Feet: | 12000 |

| | Address: | 7619-21 Van Nuys Boulevard | | City: | Van Nuys | | State: | CA | | Zip: | 91405 | | Description: | BUILDINGS: Two (2) store retail building consisting of approximately 7,000 +/- square feet and 5,000 +/- square feet
LOT SIZE A.P.N. #: 19,998* +/- square feet /2210-031-002
15,647* +/- square feet/2210-031-004
PRICE & TERMS: $1,699,000.00 (Cash or cash to a new loan)
ZONING: LA-C2*
PARKING: Excellent rear park area accessed by driveway off of Saticoy Street
CURRENT USE: Furniture store/vacant
TENANCY: Current furniture tenant pays $5,000.00 per month with a five (5%) percent increase on both June 2010 and June 2011 with the lease ending on 11/30/2011. However, the property owner has the right to cancel the lease by 12/1/2010.
COMMENTS: This sale offers an opportunity to purchase a well located commercial/retail property with tremendous upside potential!!! Only $141.00 per square foot!!!
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| Price: 1,295,000.00 |
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