8.96% CAP rate!! 14015 Van Ness Ave. is a well-maintained two-story commercial office building that features seven fully leased units, providing exceptional cash flow with an excellent CAP rate. With a large portion of the tenants currently on month-to-month leases, the property offers flexibility for an investor seeking to reposition rents or for a future owner-user looking to occupy all or a portion of the building. This is an excellent opportunity to acquire a stable, high yielding income producing asset. The building\u2019s efficient layout and flexible floor plans make it well suited for professional and medical offices, back-office operations, and service-oriented businesses, allowing for a variety of tenant sizes and configurations.<\/p>\n
Recent capital improvements reflect proactive ownership and help mitigate the likelihood of upcoming capital expenses. Completed in 2022, these upgrades include a newer roof and skylights, four newer HVAC units, fresh interior\/exterior paint, and newer flooring in renovated suites. Additional property features include air conditioning and heating in all units, three common area restrooms, and select in-suite restrooms for added convenience. The property is further enhanced by a central open courtyard that fills the space with abundant natural light, 12 parking spaces plus an on-site parking lot providing ample parking for both tenants and visitors, a gated perimeter, and a building alarm system that offers an added layer of security for occupants and their clientele.<\/p>\n","protected":false},"excerpt":{"rendered":"8.96% CAP rate!! 14015 Van Ness Ave. is a well-maintained...","protected":false},"author":0,"featured_media":0,"template":"","es_locations":[],"es_categories":[],"es_types":[160],"es_rent_periods":[],"es_labels":[],"es_statuses":[],"es_parkings":[],"es_roofs":[],"es_exterior_materials":[],"es_basements":[],"es_floor_coverings":[],"es_features":[],"es_amenities":[],"es_neighborhoods":[],"es_tags":[],"class_list":["post-482591","properties","type-properties","status-publish","hentry","es_type-office","es-post-entity"],"_links":{"self":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties\/482591","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/properties"}],"about":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/types\/properties"}],"wp:attachment":[{"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/media?parent=482591"}],"wp:term":[{"taxonomy":"es_location","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_locations?post=482591"},{"taxonomy":"es_category","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_categories?post=482591"},{"taxonomy":"es_type","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_types?post=482591"},{"taxonomy":"es_rent_period","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_rent_periods?post=482591"},{"taxonomy":"es_label","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_labels?post=482591"},{"taxonomy":"es_status","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_statuses?post=482591"},{"taxonomy":"es_parking","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_parkings?post=482591"},{"taxonomy":"es_roof","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_roofs?post=482591"},{"taxonomy":"es_exterior_material","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_exterior_materials?post=482591"},{"taxonomy":"es_basement","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_basements?post=482591"},{"taxonomy":"es_floor_covering","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_floor_coverings?post=482591"},{"taxonomy":"es_feature","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_features?post=482591"},{"taxonomy":"es_amenity","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_amenities?post=482591"},{"taxonomy":"es_neighborhood","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_neighborhoods?post=482591"},{"taxonomy":"es_tag","embeddable":true,"href":"https:\/\/venture-pacific.net\/commercial\/wp-json\/wp\/v2\/es_tags?post=482591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}