16122 Cantlay, Van Nuys, CA 91406
Local realty services provided by:CENTURY 21 Masters
16122 Cantlay,Van Nuys, CA 91406
$1,399,000
- 0 Acres
- Lots / Land
- Active
Listed by: aziz molai
Office: keller williams realty-studio city
MLS#:SR26230447
Source:San Diego MLS via CRMLS
Price summary
- Price:$1,399,000
About this home
"LAND VALUE OPPORTUNITY | INCOME-PRODUCING PROPERTY | DEVELOPMENT POTENTIAL l APPROVED PLANS FOR AUTO BODY SHOP WITH SPRAY BOOTH" 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 propertys 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...
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Home facts
- Listing ID #:SR26230447
- Added:1 day(s) ago
- Updated:October 27, 2026 at 01:32 AM
Finances and disclosures
- Price:$1,399,000
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