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    16601 Ventura Blvd Encino, CA 91436

    For Sale
    $11,890,000

    33,031 SF C4 land parcel in Encino, CA.

    Lot size:
    0.76 Acres

    Property Features for 16601 Ventura Blvd

    General Information

    Lot size
    0.76 Acres

    Building Details

    Year built
    1983

    Source: Ally Commercial Real Estate Agent Mark Reynolds

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

    Overview

    Ventura Blvd Commercial Land Parcel

    The property at 16601 Ventura Blvd is a 33,031 SF parcel of C4 land. It is currently ground leased to Citibank (Leased-Fee Interest). The ground tenant owns and operates the 5-story office building located on the property. Upon lease expiration, the improvements owned by the ground tenant will revert to the landowner. The property is situated at the northwest corner of the signalized intersection of Ventura Blvd and Rubio Ave in Encino, CA, a prestigious and highly sought-after commercial area.
    Insight Report Location Intelligence

    Current Use by Public Records

    Citibank ATM Atm Ralph's Grocery Store SERVPRO of Encino/Sherman Oaks Water Damage Restoration Service Lucy Development Company Custom Home Builder Citi Bank

    Suggested Use

    Restaurant Realty agency Spa & Massage Hair Salon Dental Office Law Firm Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Encino
    County
    Los Angeles
    State
    California
    Longitude
    -118.4947215
    Latitude
    34.1580848

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    FAQs

    What type of property is this?
    Commercial land - 33,031 SF C4 land parcel in Encino, CA.
    Where is this commercial land located?
    The property is located at 16601 Ventura Blvd Encino, CA.
    What is the asking price?
    The asking price for this property is $11,890,000.
    What are key features of this property?
    This property features: - 33,031 SF parcel of C4 land in a highly sought-after commercial area.; - Ground leased to Citibank (Leased-Fee Interest).; - Located at the northwest corner of Ventura Blvd and Rubio Ave in Encino, CA.
    (214) 938-9875
    Request Owner's contact information
    16601 Ventura Blvd Encino, CA 91436
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    Encino, CA 91436
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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
    16601 Ventura Blvd Encino, CA 91436
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