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Sherman Oaks Retail/Medical Opportunity
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 Market320

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
Listed By: Allen Afshar · License #CalDRE #00797725
Source: Svn
Added: Nov 21, 2025 Changed: Sep 11 Last Checked: Oct 7 at 10:23AM

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 / Yr
$218,678
Cap Rate
3.04%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $218,678 @ 7.0% cap · market cap 3.04%
Second Best
Retail
$2.92M
$2.55M – $3.40M (±1% cap)
NOI $204,099 @ 7.0% cap · market cap 2.83%
Theoretical Best
Office A
$4.94M
$4.32M – $5.76M (±1% cap)
NOI $345,732 @ 7.0% cap · market cap 4.80%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Food Market Grocery & Convenience Store (Bike/Boat/Book/etc) Store Fish Market Supermarket Storage Facility

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

4,549
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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.
More about this property
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