Three-Story Office
11426 Ventura Blvd Los Angeles, CA 91604
For Sale
Contact for pricing
Three-story office building with upgraded unit interiors, abundant parking, and a secured street-level roll-up door for vehicles.
Property Size6,400 SF
Price / SF$781.25
Days on Market457
Property Features for 11426 Ventura Blvd
General Information
- Standard status
- Active
- Size
- 6,400 SF
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing Agency:
Kidder Mathews Orange County
(909) 227-6644
Listed By:
Josh Cunningham · License #CA 01802660
Source:
Crexi
Added: Apr 23, 2025
Changed: Jul 23
Last Checked: Jul 23 at 6:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Orange County
Investment Insights
Based on property information with market context.
Built in 1989, this three-story office building offers approximately 6,400 square feet of space with upgraded interior build-outs across several units. The property has one existing tenant on short-term leases occupying the second and third floors, providing flexibility for an investor or owner-user and availability for immediate occupancy.
Parking is available off an alley behind the building, with nine dedicated surface spaces plus a unique street-level secured roll-up door adequate for 7+ vehicles and vertical storage.
Located at 11426 Ventura Blvd in the entertainment and media corridor of Studio City, the building is within walking distance to restaurants and service-retail amenities. The remarks also cite a local demo profile and proximity to Burbank airport and Universal Studios. Please do not disturb current tenants; contact the listing broker for touring instructions.
Parking is available off an alley behind the building, with nine dedicated surface spaces plus a unique street-level secured roll-up door adequate for 7+ vehicles and vertical storage.
Located at 11426 Ventura Blvd in the entertainment and media corridor of Studio City, the building is within walking distance to restaurants and service-retail amenities. The remarks also cite a local demo profile and proximity to Burbank airport and Universal Studios. Please do not disturb current tenants; contact the listing broker for touring instructions.
Key Highlights
- 3‑story office building built in 1989 with 6,400 SF
- One existing tenant on short‑term leases for the 2nd and 3rd floors
- Several units feature upgraded interior build‑outs
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $248.8k | $38.88 |
| − Vacancy | −$46.3k | −$7.23 |
| EGI | $202.5k | $31.65 |
| − OpEx | −$50.6k | −$7.91 |
| NOI | $151.9k | $23.74 |
6,400 SF · lease $38.88/SF/yr · vacancy 18.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.17M
$1.90M – $2.53M
NOI $151,912 @ 7.0% cap · market cap 3.04%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$129.66M
$113.45M – $151.27M
NOI $9,076,211 @ 7.0% cap · market cap 181.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
FAQs
What type of property is this?
Office units - Three-story office building with upgraded unit interiors, abundant parking, and a secured street-level roll-up door for vehicles.
Where is this office units located?
The property is located at 11426 Ventura Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $4,999,995.
What are key features of this property?
This property features: 3‑story office building built in 1989 with 6,400 SF; One existing tenant on short‑term leases for the 2nd and 3rd floors; Several units feature upgraded interior build‑outs
