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Mixed-Use Property with Medical Offices
New
For Sale
$19,999,000

15720 Ventura Boulevard, Los Angeles, CA 91436

Multi-tenant commercial building combining medical office services, ground-floor retail, and substantial parking facilities.

Property SizeContact for details
Days on Market2

Property Features for 15720 Ventura Boulevard

General Information

Standard status Active
Zoning C4 and R3
Occupancy 78%

Additional Details

Highway Access Yes

Building Details

Year Built 1964
Buildings 1
Stories 6
Tenancy Multi
Listing Agency: David Ballin Kaufman
Listed By: David Kaufman · License #01217537
Source: Tfregroup
Added: Sep 9 Changed: Sep 10 Last Checked: Sep 10 at 2:43PM

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 Los Angeles, this six-story mixed-use building contains 122 tenant spaces, primarily occupied by medical office services with retail on the ground floor. The property was built in 1964 and includes a two-story parking structure along with a separate open parking lot behind the building.

The site includes 20 vacant suites totaling 17,937 sq. ft., representing 22.5% of rentable space. Additional revenue sources include billboard, cell tower, and parking agreements. C4 and R3 zoning apply to the property, which is also within the Ventura / Cahuenga Boulevard Corridor Specific Plan area. The location provides access to the 101 and 405 freeways and is near Tarzana Medical Center.

Key Highlights

  • Six‑story building constructed in 1964
  • 122 tenant spaces, primarily serving medical office users
  • 20 vacant suites totaling 17,937 sq. ft. and 22.5% of rentable space

Property Analytics

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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

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
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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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-tenant commercial building combining medical office services, ground-floor retail, and substantial parking facilities.
Where is this mixed-use property located?
The property is located at 15720 Ventura Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $19,999,000.
What are key features of this property?
This property features: Six‑story building constructed in 1964; 122 tenant spaces, primarily serving medical office users; 20 vacant suites totaling 17,937 sq. ft. and 22.5% of rentable space
More about this property
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