Sherman Oaks Retail/Medical
For Sale
$7,200,000
14936 -14942 Ventura Boulevard, Sherman Oaks, CA 91403
Prime Sherman Oaks location with high traffic and conversion potential.
Property Size9,225 SF
Price / SF$780.49
Days on Market274
Property Features for 14936 -14942 Ventura Boulevard
General Information
Standard status
Active
Size
9,225 SF
Property subtype
Retail
Building Details
Building Size
9,225 SF
Year Built
1972
Listing Agency:
(310) 383-1527
Listed By:
Allen Afshar · License #CalDRE #00797725
Source:
Svn
Added: Nov 21, 2025
Changed: Aug 10
Last Checked: Aug 22 at 5:13AM
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 Allen Afshar
Investment Insights
Based on property information with market context.
Located in Sherman Oaks on Ventura Boulevard, this property is situated between Sepulveda Boulevard and Van Nuys Boulevard. The property has approximately 100 feet of frontage on Ventura Boulevard. The property has 9,225 square feet of space and is approximately 74% vacant. Potential uses include medical building, gym, restaurant, and retail. The property is suitable for an owner-user.
Key Highlights
- Prime location on heavily trafficked Ventura Boulevard in Sherman Oaks.
- Approximately 74% vacant, offering significant redevelopment potential.
- Suitable for owner‑user.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$218,678
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,373,560
$4.4M
Cap Rate 7%
$3,123,971
$3.1M
Cap Rate 9%
$2,429,756
$2.4M
Market Conditions
NOI Build-Up for 9,225 SF
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.
Gross rent
$312.2K $33.84/SF
− Vacancy
−$20.6K −$2.23/SF
EGI
$291.6K $31.61/SF
− OpEx
−$72.9K −$7.90/SF
NOI
$218.7K $23.70/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,373,560
Cap Rate 7%
$3,123,971
Cap Rate 9%
$2,429,756
Alternative Uses
Best Use
Specialty Retail
$3.12M
$2.73M – $3.64M
NOI $218,678 @ 7.0% cap · market cap 3.04%
Second Best
Retail
$2.92M
$2.55M – $3.40M
NOI $204,099 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$4.94M
$4.32M – $5.76M
NOI $345,732 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
4,549
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Prime Sherman Oaks location with high traffic and conversion potential.
Where is this retail space located?
The property is located at 14936 -14942 Ventura Boulevard Sherman Oaks, CA.
What is the asking price?
The asking price for this property is $7,200,000.
What are key features of this property?
This property features: Prime location on heavily trafficked Ventura Boulevard in Sherman Oaks.; Approximately 74% vacant, offering significant redevelopment potential.; Suitable for owner‑user.
