Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15149 Ventura Blvd Sherman Oaks, CA 91403

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3 SF/Yr ($2,031 /Mo)

    Prime retail space on Ventura Blvd with parking.

    Property size:
    7,500 SF
    Lot size:
    7,500 SF

    Property Features for 15149 Ventura Blvd

    General Information

    Size
    7,500 SF

    We can help!

    Listing Contact
    Jesse Paster
    Source: Naiglobal

    Listing Agent: Jesse Paster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Ventura Blvd Retail Space Available

    This property offers 1420 square feet of retail space situated on Ventura Boulevard. The location is one block east of Sepulveda Boulevard. The property includes four parking spaces located in the rear of the building. The space is suitable for a variety of retail uses and was previously occupied by an eyelash salon. The property is part of a larger building with a total size of 7500 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Star Lash Beauty ... Beauty Salon Brows By Nikki Hair Removal Service

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherman Oaks
    County
    Los Angeles
    State
    California
    Longitude
    -118.4632537
    Latitude
    34.1534998

    Nearby Similar for Lease

    • Contact for pricing
      5,852 SF

      Versatile Commercial Space in Sherman Oaks

      Two-story commercial building in Sherman Oaks with flexible leasing options.
      15468 Ventura Blvd, Sherman Oaks, CA 91403
      View Details
    • $4,850 /Mo

      Updated Townhome Near Ventura Blvd

      Updated townhome with modern amenities, close to shops and restaurants.
      4443 Saugus Ave, Sherman Oaks, CA 91403
      View Details
    • $3,000 /Mo
      900 SF

      Sherman Oaks Remodeled Corner Unit

      Remodeled 2 bed, 2 bath unit near Ventura Boulevard.
      4401 Sepulveda Blvd, Sherman Oaks, CA 91403
      View Details
    • $3 SF/Yr
      163 SF

      Furnished Sherman Oaks Office Sublease

      Fully furnished office sublease in Sherman Oaks with flexible layout.
      14724-14726 Ventura Blvd, Sherman Oaks, CA 91403
      View Details
    • $2 SF/Yr
      50,758 SF

      Retail Space in Sherman Oaks

      Neighborhood shopping center with high visibility and freeway access.
      13303-13351 Riverside Dr, Sherman Oaks, CA 91423
      View Details
    • $2 SF/Yr
      92,996 SF

      Sherman Oaks Office Space Available

      Office building with landscaped atrium, parking, and freeway access.
      15315 Magnolia Blvd, Sherman Oaks, CA 91403
      View Details
    • Contact for pricing
      9,418 SF

      Retail Space in Sherman Oaks

      Retail property with building signage, ample parking, and freeway access.
      12912-12926 Riverside Dr, Sherman Oaks, CA 91423
      View Details
    • $2 SF/Yr
      52,929 SF

      Sherman Oaks Retail/Office Space

      Retail or office space with high ceilings and street frontage.
      15060 Ventura Blvd, Sherman Oaks, CA 91403
      View Details
    • $13,250,000
      39,186 SF

      Sherman Oaks Distribution/Manufacturing Project

      Distribution/Manufacturing project in central Sherman Oaks location.
      15023-15035 Califa St, Sherman Oaks, CA 91411
      View Details
    • $2 SF/Yr
      59,000 SF

      Sherman Oaks Office Space Available

      Office space with remodeled common areas and freeway access.
      15335 Morrison St, Sherman Oaks, CA 91403
      View Details
    • $1.09 SF/Yr
      18,880 SF

      Sherman Oaks Distribution/Manufacturing Facility

      Distribution/Manufacturing facility in central Sherman Oaks, close to freeways.
      15035 Califa St, Sherman Oaks, CA 91411
      View Details
    • $2 SF/Yr
      80 SF

      Sherman Oaks Office Space Available

      Office space for rent in Sherman Oaks, California.
      15300 Ventura Blvd, Sherman Oaks, CA 91403
      View Details

    FAQs

    What type of property is this?
    Retail space - Prime retail space on Ventura Blvd with parking.
    Where is this retail space located?
    The property is located at 15149 Ventura Blvd Sherman Oaks, CA.
    What is the lease rate?
    The lease rate is $3 SF/Yr.
    What are key features of this property?
    This property features: - Prime retail space on Ventura Blvd.; - High-traffic location: just 1 block east of Sepulveda Blvd.; - Competitive $3.25 rental rate.
    (818) 742-1624
    Request Owner's contact information
    15149 Ventura Blvd Sherman Oaks, CA 91403
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15149 Ventura Blvd
    Sherman Oaks, CA 91403
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    15149 Ventura Blvd Sherman Oaks, CA 91403
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jesse Paster
    Real Estate License ID: 01316106
    (818) 742-1624
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.