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SALE PRICE: $2,350,000

Freestanding Metal Building

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Ethan Donel, Alex Reyhan, and Daniel Hirth of The Hirth Group are proud to announce the successful closing of 7569 Woodman Place, Van Nuys, CA 91405! This freestanding ±7,192 SF metal building sits on a prominent ±19,510 SF corner lot, zoned LAMR2 — a designation with far more restrictions on allowable uses compared to broader industrial zoning such as M1 or M2. From the start, our team understood these limitations and strategically targeted a niche pool of qualified buyers who could thrive within the property’s permitted uses.

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This was a transaction years in the making. The property went into escrow twice before, and in that time, market conditions shifted dramatically — higher interest rates, reduced buyer activity, and a more selective lending environment. But our team never stopped pushing. We re-engaged the market multiple times, keeping the seller confident in our ability to deliver, and ultimately secured a full list price sale.

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We identified and secured a motivated owner-user — a first-time commercial property purchaser — who obtained SBA financing. We guided him through every step of the process, from offer to close. In the final days before escrow, unexpected insurance requirements nearly delayed the deal, ranging from something as minor as adding a fire extinguisher to major safety and liability work such as completely resurfacing the lot. Our team moved quickly, coordinating multiple vendors to complete the work on time so insurance could bind, and escrow could close without delay.

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For the seller, this sale was part of a broader strategy to liquidate California holdings and expand operations into a large Atlanta facility, taking advantage of the state’s booming film industry market. For the buyer, the property will be transformed into a high-end recycling center for metals, plastics, and all types of scrap — breathing new life into a challenging-to-place Van Nuys asset.

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This closing showcases The Hirth Group’s deep market knowledge, strategic buyer targeting, and relentless execution — delivering results even when the odds are stacked against the deal.

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