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Prime Sherman Oaks Development Opportunity
For Sale
Contact for pricing
Pending

14645 Ventura Blvd, Los Angeles, CA 91403

Rare retail and multifamily assemblage with significant development potential.

Property Size38,317 SF
Lot Size0.44 Acres
Days on Market454

Property Features for 14645 Ventura Blvd

General Information

Standard status Pending
Size 38,317 SF
Total Parking Spaces 62
Lot size 0.44 Acres
Property subtype Retail
Zoning C2-L, {Q}R3P-1
Occupancy 75%
Investment Type Value Add

Building Details

Year Built 1950
Year Renovated 1967
Buildings 2
Tenancy Multi
Listing Agency: JLL - Los Angeles (West), California
Listed By: Tess Berghoff · License #CA DRE #02064313
Source: Crexi
Added: Jun 3, 2025 Changed: Aug 8 Last Checked: Jul 24 at 8:17AM

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 JLL - Los Angeles (West), California

Investment Insights

Based on property information with market context.

This offering presents the opportunity to acquire a fee simple interest in a property located at 14637-14645 Ventura Blvd & 14620 Moorpark St, Sherman Oaks, CA 91403. The property features street-front retail space that provides existing income from current tenants and boasts over 140 feet of frontage along a pedestrian and retail-friendly area with a walk score of 87. Situated on approximately 12,624 square feet of land, the retail assemblage offers immense development potential for a variety of projects. The property's zoning permits C2-1L with a confirmed Tier 3 transit-oriented density bonus designation. The location benefits from heavy foot and vehicle traffic, with Ventura Boulevard seeing over 45,340 vehicles per day. The surrounding area has a bustling economy and a high-end retail environment. Within a three-mile radius of the property, the population is approximately 160,000. The average household incomes within a one-mile radius top $124,000. Additionally, the offering includes a 2,640 square foot, four-unit apartment building and 19,140 square foot lot, located directly behind the Ventura Blvd assemblage at 14620 Moorpark Street. The Moorpark assemblage is suitable for redevelopment, offering investors a covered land play to capitalize on favorable zoning designations. The total property size is 38,317 square feet.

Key Highlights

  • Significant development potential with C2‑1L zoning and Tier 3 transit‑oriented density bonus.
  • Prime Ventura Boulevard location boasts high pedestrian and vehicle traffic (45,340 vehicles per day).
  • High‑end consumer base: Average household incomes of $124,000 within a one‑mile radius.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Store Supermarket Fish Market Pet Store & Service Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,693
Businesses Nearby
425k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 34% Groceries 26% Shops & Services 25% Electronics 9%
In-N-Out Burger Dining
52,904 visits/mo 0.3 miles
Whole Foods Market Groceries
42,362 visits/mo 0.5 miles
Best Buy Electronics
39,425 visits/mo 0.3 miles
Pavilions Groceries
34,427 visits/mo 0.2 miles
Gelson's Market Groceries
33,095 visits/mo 0.3 miles

Demographics for 91403, CA

25,329
Population
13,095
Households
1.9
Avg Household Size
40
Median Age
68%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
7,036
Density / Sq Mi
$114,348
Median Household Income
$70,449
Median Earnings
$2,437
Median Rent
$1,467,900
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Rare retail and multifamily assemblage with significant development potential.
Where is this retail space located?
The property is located at 14645 Ventura Blvd Los Angeles, CA.
What are key features of this property?
This property features: Significant development potential with C2‑1L zoning and Tier 3 transit‑oriented density bonus.; Prime Ventura Boulevard location boasts high pedestrian and vehicle traffic (45,340 vehicles per day).; High‑end consumer base: Average household incomes of $124,000 within a one‑mile radius.
More about this property
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