Executive Office
For Sale
Contact for pricing
14827 Ventura Boulevard #226, Sherman Oaks, CA 91403
The 644-square-foot space has partitioned offices, with electricity included under a modified gross lease.
Property Size650 SF
Price / SF$2.46
Days on Market16
Property Features for 14827 Ventura Boulevard #226
General Information
Standard status
Active
Size
650 SF
Property subtype
Commercial
Building Details
Year Built
1959
Listing Agency:
Ingenious Asset Group, Inc.
(310) 331-8552
Listed By:
Vineendra Jain · License #01413466
(310) 433-6214
Source:
K9hausrealty
Added: Oct 16
Changed: Oct 28
Last Checked: Oct 28 at 11:43AM
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 Ingenious Asset Group, Inc.
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Investment Insights
Based on property information with market context.
Suite 226 offers 644 square feet of office space with partitioned offices. It is part of a two-story commercial office building containing 12 executive suites. Electricity is included in the modified gross lease. The suite is available for lease.
The property is on Ventura Boulevard in Sherman Oaks, south of the 101 and east of the 405. Banks, restaurants, and retail stores are nearby.
The property is on Ventura Boulevard in Sherman Oaks, south of the 101 and east of the 405. Banks, restaurants, and retail stores are nearby.
Key Highlights
- 644‑square‑foot office suite with partitioned offices
- Located in a two‑story building with 12 executive suites
- Electricity included in a modified gross lease
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,208
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,160
$284.2K
Cap Rate 7%
$202,971
$203.0K
Cap Rate 9%
$157,867
$157.9K
Market Conditions
NOI Build-Up for 650 SF
Gross rent
$25.0K $38.40/SF
− Vacancy
−$6.0K −$9.25/SF
EGI
$18.9K $29.15/SF
− OpEx
−$4.7K −$7.29/SF
NOI
$14.2K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,160
Cap Rate 7%
$202,971
Cap Rate 9%
$157,867
Alternative Uses
Best Use
Office B
$203.0K
$177.6K – $236.8K
NOI $14,208 @ 7.0% cap · market cap 888.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$348.0K
$304.5K – $406.0K
NOI $24,361 @ 7.0% cap · market cap 1,522.56%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
4,756
Businesses Nearby
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Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office unit - The 644-square-foot space has partitioned offices, with electricity included under a modified gross lease.
Where is this office unit located?
The property is located at 14827 Ventura Boulevard #226 Sherman Oaks, CA.
What are key features of this property?
This property features: 644‑square‑foot office suite with partitioned offices; Located in a two‑story building with 12 executive suites; Electricity included in a modified gross lease
