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34271075
34271076

6144 Kester Avenue, Los Angeles, CA 91411 For Sale

ZL
CA 0212 6194
$2,100,000
8 days on market
Updated 6 days ago

6144 Kester Avenue

Details
APN 2241-017-013
Property Type Industrial
Sub Type Warehouse, Manufacturing (+1)
Square Footage 796
Net Rentable (SqFt) 796
Occupancy 100%
Tenancy Vacant
Lease Type NNN
Pro-Forma Cap Rate 5.40%
Pro-Forma NOI $114,000
Price per SqFt $2,638
Broker Co-Op True
Class C
Year Built 1974
Buildings 1
Lot Size (SqFt) 7,387
Zoning LAM2
Parking Spaces 15 spaces
Parking per 1,000 SqFt 18.84
Investment Type Sale/Leaseback
Ground Lease No
Sale Condition Sale for leaseback

5-Year NNN Sale-Leaseback | $114,000 Annual NOI | 5.43% Cap Rate | Corner Industrial Property

Marketing description

Executive Realty Group is pleased to present 6144 Kester Avenue, Van Nuys, CA, a rare opportunity to acquire a freestanding industrial investment property featuring a 5-year triple net (NNN) sale-leaseback with the current owner remaining in place as tenant.

The property is offered at $2,100,000 and generates $114,000 in annual rental income, providing an attractive 5.43% cap rate. Under the NNN lease structure, the tenant is responsible for property taxes, insurance, and maintenance, creating a low-management investment opportunity.

Situated on approximately 7,387 square feet of land with LAM2 industrial zoning, the property offers a secured, fenced site with excellent street frontage, ample parking, and convenient access for automotive and industrial operations. The existing improvements are well suited for continued industrial use while also providing long-term value through the underlying land and strategic corner location.

Located in one of the San Fernando Valley’s established industrial corridors, the property benefits from quick access to Interstate 405, U.S. Highway 101, and Van Nuys Airport. This offering presents an exceptional opportunity for 1031 exchange buyers, private investors, and owner-users seeking stable cash flow today with future flexibility.

This is an excellent opportunity to acquire a stabilized industrial investment with an established tenant in place while retaining the flexibility of future owner-user occupancy or redevelopment potential, subject to buyer verification and applicable approvals.

Investment highlights

IMPORTANT

  • Real Estate Only – Business Not Included
  • Seller to Execute a 5-Year NNN Sale-Leaseback at Closing

Investment Highlights

  • 5-Year Triple Net (NNN) Sale-Leaseback
  • Current owner to remain as tenant at closing
  • Base Rent: $9,500/month ($114,000 annually)
  • 5.43% Cap Rate at asking price
  • Tenant responsible for property taxes, insurance and maintenance
  • Freestanding industrial building on a 7,387 SF corner lot
  • LAM2 Industrial Zoning
  • Gated and secured property with excellent vehicle access
  • High-visibility corner location in the heart of Van Nuys
  • Ideal for investors seeking passive income or future owner-users
  • Minutes from the 405 Freeway, US-101, and Van Nuys Airport

Please Note: This offering is for the sale of the real property only. The operating business, trade name, equipment, inventory, and business goodwill are not included in the sale. The owner will execute a 5-year triple net (NNN) sale-leaseback and continue operating the business following the close of escrow.

Listing Contacts

ZL
CA 0212 6194

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Additional Information

Name
Beata Mandell
License
01392993
Brokerage
Executive Realty Group
Brokerage Phone
310-701-3808
Title
Broker of Record
Brokerage Address
4950 densmore ave encino ca 91436
Name
Zobair Lakanwal
License
0212 6194
Brokerage
Executive Realty Group
Brokerage Phone
3107013808
Title
realtor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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