17007-17015 Ventura Blvd

7,396 SF 100% Leased Office Building Encino, CA 91316 $4,650,000 ($629/SF)

Investment Highlights

  • Great opportunity for an office user to come and occupy about 4,200 SF
  • Large 11,200 SF Lot
  • High visibility on Ventura Blvd
  • Fantastic income opportunity
  • Mixed use development coming in next door

Executive Summary

Motivated Seller. Great opportunity for an office user to come and occupy about 4,200 SF while collecting fantastic income off the rest of the property. Rare vet use is grandfathered in on the Vet space, but it cannot be expanded in the building. Large 11,200 SF lot , new mixed use project scheduled to be built next door. Rent roll - Psychic Tenant - about 650 SF - $3,300/ mth gross , Vet - $8,641/ mth + NNN, +/-4,200 SF vacant offices

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
7,396 SF
Building Class
C
Year Built/Renovated
1948/2014
Price
$4,650,000
Price Per SF
$629
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,698 SF
Building FAR
0.65
Lot Size
0.26 AC
Zoning
C4-1VL, Los Angeles - Commercial
Parking
17 Spaces (2.3 Spaces per 1,000 SF Leased)
Walk Score®
Very Walkable (85)

PROPERTY TAXES

  • Listing ID: 34112069

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 17007-17015 Ventura Blvd, Encino, CA 91316