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Oasis Healthcare Center 19500-19510 Ventura Blvd

44,686 SF 69% Leased 4-Star Office Building Tarzana, CA 91356 $29,000,000 ($649/SF)

Investment Highlights

  • Successfully Repositioned to Medical Office
  • High Demand Medical Submarket
  • Striking Modern Architectural Medical Design
  • Completed $5M Extensive Capital Renovation
  • Stable Cash Flow
  • Highly Advantageous Ground Lease

Executive Summary

Lee & Associates is pleased to present a unique opportunity to acquire Oasis Healthcare Center — a distinguished Medical Office Building located in Tarzana, at the heart of world-class healthcare in the San Fernando Valley.
This newly renovated 44,686 square foot medical facility is the recipient of the prestigious AIA design award and offers a modernized and contemporary healthcare experience. Oasis Healthcare Center is strategically designed to surpass the competition and is among a select few approved medical properties situated near the newly established Providence Cedars- Sinai Hospital.
Investors will benefit from a compelling purchase option on the ground lease at a fixed below market rate, ultimately allowing for a conversion to a fee simple investment.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
44,686 SF
Building Class
A
LoopNet Rating
4 Star
Year Built/Renovated
1982/2021
Price
$29,000,000
Price Per SF
$649
Percent Leased
69%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
22,343 SF
Slab To Slab
12’
Building FAR
0.69
Lot Size
1.48 AC
Zoning
C2 - Commercial
Parking
140 Spaces (3.13 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Banking
  • Bus Line
  • Courtyard
  • Signage
  • Skylights
  • High Ceilings
  • Natural Light
  • Monument Signage

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Fl-Ste 210
  • 2,000-10,364 SF
  • Medical
  • -
  • Now

Suites feature high ceilings and glass windows with both exterior views and interior views of the open atrium. Construction allowance for new tenant improvements. This building is completely renovated - a new façade, windows, common areas, bathrooms, communal workspaces, and more.

  • 2nd Fl-Ste 250
  • 3,703 SF
  • Office/Medical
  • Shell Space
  • Now

Suites feature high ceilings and glass windows with both exterior views and interior views of the open atrium. Construction allowance for new tenant improvements. This building is completely renovated - a new façade, windows, common areas, bathrooms, communal workspaces, and more.

Space Size Space Use Condition Available
2nd Fl-Ste 210 2,000-10,364 SF Medical - Now
2nd Fl-Ste 250 3,703 SF Office/Medical Shell Space Now

2nd Fl-Ste 210

Size
2,000-10,364 SF
Space Use
Medical
Condition
-
Available
Now

2nd Fl-Ste 250

Size
3,703 SF
Space Use
Office/Medical
Condition
Shell Space
Available
Now

2nd Fl-Ste 210

Size 2,000-10,364 SF
Space Use Medical
Condition -
Available Now

Suites feature high ceilings and glass windows with both exterior views and interior views of the open atrium. Construction allowance for new tenant improvements. This building is completely renovated - a new façade, windows, common areas, bathrooms, communal workspaces, and more.

2nd Fl-Ste 250

Size 3,703 SF
Space Use Office/Medical
Condition Shell Space
Available Now

Suites feature high ceilings and glass windows with both exterior views and interior views of the open atrium. Construction allowance for new tenant improvements. This building is completely renovated - a new façade, windows, common areas, bathrooms, communal workspaces, and more.

Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2164-016-028
Land Assessment
$6,970,593
Improvements Assessment
$1,442,186
Total Assessment
$8,412,779
  • Listing ID: 33467345

  • Date on Market: 10/9/2024

  • Last Updated:

  • Address: 19500-19510 Ventura Blvd, Tarzana, CA 91356

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