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16122 Cantlay, Van Nuys, CA 91406

$1,399,000 Approx. USD 0 beds, 0 baths

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Berkshire Hathaway HomeServices California Properties 11828 Rancho Bernardo Rd, Ste 210
San Diego, CA 92128 888-995-7575

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Listing Agent

Aziz Molai | aziz@teammolai.com
Lic#: 00893798
Broker: Courtesy of Keller Williams Realty-Studio City
Phone: 818-432-1500

Agent Remarks

"LAND VALUE OPPORTUNITY | INCOME-PRODUCING PROPERTY | DEVELOPMENT POTENTIAL l 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 property’s 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 parties and governmental agencies. No representation is made regarding uses that have not been approved.

Listing Details

Property type: Duplex (Multi-Family)

Status: Active Under Contract

MLS# SR26237547

Price: $1,399,000

HOA Fee is $0.00

Beds: 0

Baths: 0

Built in 1942

0.28 acres

Lot size: 0.2787

County: Los Angeles

Zoning: LAMR1

Lot description: TwoToFiveUnitsAcre,Level,Street Level

MLS area: VN - Van Nuys

Last Updated: 11/5/2026

Days On Market (DOM): 1

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This listing belongs to the VN - Van Nuys MLS area

Lat/Long: 34.201917, -118.484455.
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