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Six-Story Mixed-Use Building
New
For Lease
$19,999,000

15720 Ventura Boulevard, Los Angeles, CA 91436

The property combines medical office services with ground-floor retail in a multi-tenant commercial setting.

Space SizeContact for details
Property Size79,720 SF
Days on Market3

Property Features for 15720 Ventura Boulevard

General Information

Standard status Active
Size 79,720 SF
Property subtype Commercial
Zoning C4 and R3
Occupancy 78%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Year Built 1964
Stories 6
Building Size 79,720 SF
Tenancy Multi
Listing Agency: David Ballin Kaufman
Listed By: David Kaufman ([email protected])
Source: Valleyland
Added: Aug 14 Changed: Aug 15 Last Checked: Aug 15 at 7:31AM

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 David Ballin Kaufman

Investment Insights

Based on property information with market context.

Located at 15720 Ventura Boulevard in Encino, this six-story mixed-use property was built in 1964 and contains 122 tenant spaces. Medical office services make up the primary occupancy, with retail space on the ground floor. The property currently includes 20 vacant suites totaling 17,937 sq. ft., representing 22.5% of rentable square footage.

Parking improvements include a two-story structure and a separate open parking area behind the building. Additional site revenue is associated with billboard, cell tower, and parking arrangements. The property is zoned C4 and R3 and falls within the Ventura/Cahuenga Boulevard Corridor Specific Plan in the City of Los Angeles. Its Encino location provides access to the 101 and 405 freeways and is near Tarzana Medical Center.

Key Highlights

  • Six‑story mixed‑use building constructed in 1964
  • 122 tenant spaces, primarily occupied by medical office services
  • 20 vacant suites totaling 17,937 sq. ft., or 22.5% of rentable sq. ft.

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop Discount Store Veterinary Clinic Barber Shop

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

Lease Details

77.5%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,756
Businesses Nearby

Demographics for 91436, CA

15,189
Population
6,288
Households
2.4
Avg Household Size
46
Median Age
71%
College-Educated
95%
High-School Grad
5.2 sq mi
ZIP Area
2,921
Density / Sq Mi
$174,803
Median Household Income
$87,821
Median Earnings
$2,813
Median Rent
$1,894,600
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$26.06 /SF/Yr
Avg Asking Price
$5.45–$36.36 /SF/Yr
Price Range
12,615 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The property combines medical office services with ground-floor retail in a multi-tenant commercial setting.
Where is this mixed-use property located?
The property is located at 15720 Ventura Boulevard Los Angeles, CA.
What is the lease rate?
The lease rate is $19,999,000.
What are key features of this property?
This property features: Six‑story mixed‑use building constructed in 1964; 122 tenant spaces, primarily occupied by medical office services; 20 vacant suites totaling 17,937 sq. ft., or 22.5% of rentable sq. ft.
More about this property
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