Office Building with EV
16400 Ventura Boulevard, Los Angeles, CA 91436
For Sale
$9,000,000
Office property with on-site electric vehicle charging and flexibility for an owner-user.
Property Size31,524 SF
Price / SF$285.50
Days on Market50
Property Features for 16400 Ventura Boulevard
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Amenities
EV charging
Listing Agency:
CBRE
Listed By:
Kyle Barratt · License #01900653
(818) 300-4742
Source:
Cbre
Added: Sep 20
Changed: Oct 27
Last Checked: Nov 6 at 5:11AM
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 CBRE
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office building contains 31,524 square feet and includes on-site electric vehicle charging. The property also features billboard income and in-place income, supporting continued revenue while retaining flexibility for an owner-user. Recent capital improvements further update the asset at 16400 Ventura Boulevard in Los Angeles.
Key Highlights
- 31,524‑square‑foot office building
- On‑site electric vehicle charging
- Billboard income
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$748,261
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,965,220
$15.0M
Cap Rate 7%
$10,689,443
$10.7M
Cap Rate 9%
$8,314,011
$8.3M
Market Conditions
NOI Build-Up for 31,524 SF
Gross rent
$1.23M $38.88/SF
− Vacancy
−$228.0K −$7.23/SF
EGI
$997.7K $31.65/SF
− OpEx
−$249.4K −$7.91/SF
NOI
$748.3K $23.74/SF
Area
Los Angeles, CA
Vacancy
18.60%
Lease Rate
$38.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,965,220
Cap Rate 7%
$10,689,443
Cap Rate 9%
$8,314,011
Alternative Uses
Best Use
Office B
$10.69M
$9.35M – $12.47M
NOI $748,261 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$638.66M
$558.83M – $745.10M
NOI $44,706,012 @ 7.0% cap · market cap 496.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4,550
Businesses Nearby
Explore this area
Business Placement
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
$1,894,600
Median Home Value
Market
Average Price Trend$/SF for Office buildings in Los Angeles, CA
Properties on Market for Office buildings in Los Angeles
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office property with on-site electric vehicle charging and flexibility for an owner-user.
Where is this office building located?
The property is located at 16400 Ventura Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 31,524‑square‑foot office building; On‑site electric vehicle charging; Billboard income
