7943 Haskell Ave — Sale in Van Nuys, CA

Price: Contact for price
Listing type: For sale
Asset type: Industrial Property
Location: Van Nuys, CA 91406
Year built: 1954

Photos

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Investment Figures

Cap rate: 5.25%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to exclusively offer for sale 7943 Haskell Avenue, Van Nuys, CA, a 100% occupied, four-building multi-tenant industrial asset located on Haskell Avenue south of Strathern Street in the Van Nuys industrial district. Offered at $5,300,000, the property provides an investor with diversified in-place cash flow combined with substantial embedded mark-tomarket potential across an entirely month-to-month tenant base. The property contains approximately 19,472 square feet, per assessor records, on an approximately 1.04-acre lot, equating to an asking price of approximately $272.19 per square foot. The asset is configured into 32 individual industrial units occupied by 26 tenants, with all individual bays containing approximately 600 square feet. The property is currently 100% occupied and all tenants are month-to-month, providing an incoming investor with significant flexibility to reposition rents and lease terms while maintaining a diversified income stream. Current ownership does not recover CAM expenses from any tenants, creating an additional value-add opportunity for future ownership. As tenants renew or transition to new lease agreements, CAM recoveries may provide incremental NOI growth that is not reflected in the current underwriting. The current underwriting reflects annual base rental income of $430,080 and net operating income of approximately $278,507, corresponding to a 5.25% in-place capitalization rate. Pro forma underwriting reflects annual base rental income of approximately $518,400 and net operating income of approximately $360,322, corresponding to a 6.80% capitalization rate, illustrating the meaningful embedded rental upside within the existing tenant base. The property offers a highly functional small-bay industrial layout with approximately 600-squarefoot individual bays, 11-foot clear ceiling heights, grade-level loading doors, small office areas, four common-area restrooms, separately metered electricity and approxim

Market Context

This industrial in Van Nuys, CA is listed for sale. It is offered at an approximate 5.2% capitalization rate, a key benchmark for income-producing industrial assets. The building dates to 1954. Compare it against other industrial listings for sale in Van Nuys, CA — view the full market.

As of Q2 2026, the Greater Los Angeles industrial market showed a 4.0% vacancy rate, and average asking rents near $14.52/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Industrial market FAQ

Is the Greater Los Angeles industrial market tightening or softening?: Vacancy is around 4.0% (Q2 2026).

Estimated Price per SF

$144.49/SF – $1,051/SF

Mid: $437.85/SF

About 8 in 10 recent recorded sales fell within a range this wide around the estimate. An automated estimate, not an appraisal.