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    16940 Blvd Encino, CA 91316

    Sponsored
    For Sale
    Contact for pricing

    Prime Encino location, 3,000 sq ft retail space.

    Property size:
    3,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional 3,000-square-foot retail space is available for lease in the vibrant heart of Encino, California. Boasting a highly desirable location on Boulevard, this property offers unparalleled visibility and accessibility. The space features a modern layout and includes two bathrooms and showers, providing ample convenience for both employees and customers. Situated on a 0.17-acre lot, the property benefits from excellent street frontage, ensuring high foot traffic and prominent exposure to potential customers. The surrounding area is bustling with a diverse mix of shops, restaurants, and other amenities, creating a thriving commercial environment. This prime location provides easy access to major transportation arteries, including the 101 and 405 freeways, enhancing its appeal to both businesses and customers. The high-traffic area guarantees a steady stream of potential clients, making this an ideal opportunity for a variety of retail businesses seeking a prominent presence in Encino. The asking price is $8,555. Don't miss this chance to secure a retail space in one of Encino's most sought-after commercial corridors.

    Property Features for 16940 Blvd

    General Information

    Property type
    Retail properties
    Square Feet
    3,000 SF
    Lot Size
    7,405 SF

    Building Details

    Year Built
    1951
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Map

    City
    Encino
    County
    Los Angeles
    State
    California
    Longitude
    -118.5146
    Latitude
    34.1679

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    FAQs

    What type of property is this?
    Retail property - Prime Encino location, 3,000 sq ft retail space.
    Where is this retail property located?
    The property is located at 16940 Blvd Encino, CA.
    What is the asking price?
    The asking price for this property is $8,555.
    (855) 732-5500
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    16940 Blvd Encino, CA 91316
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16940 Blvd Encino, CA 91316
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