8040-8046 Van Nuys Blvd 9,120 SF Vacant Retail Building Panorama City, CA 91402 For Sale

Position your business—or your next development—in the heart of the San Fernando Valley’s most active commercial spine. 8044 Van Nuys Boulevard is a single-story ±9,000?SF building sitting on a generous 13,939?SF lot with gated surface parking. Prominently fronting Van Nuys Boulevard, the asset captures constant drive-by and pedestrian traffic while benefiting from multiple transit options, including the under-construction East San Fernando Valley Light Rail and the existing Metrolink station just two blocks away.
The site’s rare blend of [Q]C2-1VL-CDO zoning, Tier 3 TOC status, and Executive Directive 1 (ED-1) eligibility unlocks higher density, reduced setbacks, and ministerial approvals for qualified housing or mixed-use concepts—dramatically compressing entitlement timelines. Meanwhile, California’s AB 2097 waives parking minimums within ½-mile of major transit, giving future owners unrivaled flexibility to convert the building to medical, creative office, commissary/ghost kitchen, or experiential retail without costly parking variances.
Current in-place leases (two expiring 10/2025, one 03/2026) furnish short-term revenue while preserving optionality: occupy a portion, renew tenants at market, or initiate a phased redevelopment plan coinciding with lease rollover.