Established Urgent Care Medical
For Sale
$1,599,000
16661 Ventura, Encino, CA 91436
Fully equipped clinical facility with diagnostics, laboratory, pharmacy space, and rear-lot parking.
Property Size3,400 SF
Price / SF$470.29
Days on Market54
Property Features for 16661 Ventura
General Information
Standard status
Active
Size
3,400 SF
Property subtype
COMMERCIAL
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Tenancy
Single
Listing Agency:
Rodeo Realty
Listed By:
Daniel Drantch · License #00900188
(818) 261-0030
Source:
Truthrealty
Added: Aug 24
Changed: Oct 12
Last Checked: Oct 15 at 6:52AM
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 Rodeo Realty
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Investment Insights
Based on property information with market context.
This established urgent care operation includes approximately 3,400 square feet of medical space configured for patient care. The facility contains fully equipped clinical areas, modern medical equipment, advanced diagnostic capabilities, an on-site laboratory, and dedicated pharmacy space. The offering also includes the operating business, experienced clinical and front-office personnel, technology and billing systems, and established patient relationships.
The practice operates seven days a week from 9:00 AM to 9:00 PM at 16661 Ventura, Encino, CA 91436. Ample parking is available in the rear lot. The facility is positioned for a qualified physician, medical group, or healthcare operator seeking an operating urgent care platform with its physical infrastructure and business systems already in place.
The practice operates seven days a week from 9:00 AM to 9:00 PM at 16661 Ventura, Encino, CA 91436. Ample parking is available in the rear lot. The facility is positioned for a qualified physician, medical group, or healthcare operator seeking an operating urgent care platform with its physical infrastructure and business systems already in place.
Key Highlights
- Approximately 3,400 square feet of medical space
- Urgent care practice operates seven days a week, from 9:00 AM to 9:00 PM
- On‑site laboratory and dedicated pharmacy space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,321
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,420
$1.5M
Cap Rate 7%
$1,061,729
$1.1M
Cap Rate 9%
$825,789
$825.8K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$130.6K $38.40/SF
− Vacancy
−$31.5K −$9.25/SF
EGI
$99.1K $29.15/SF
− OpEx
−$24.8K −$7.29/SF
NOI
$74.3K $21.86/SF
Area
Los Angeles County, CA
Vacancy
24.10%
Lease Rate
$38.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,486,420
Cap Rate 7%
$1,061,729
Cap Rate 9%
$825,789
Alternative Uses
Best Use
Office B
$1.06M
$929.0K – $1.24M
NOI $74,321 @ 7.0% cap · market cap 4.65%
Second Best
Healthcare Medical
$921.1K
$806.0K – $1.07M
NOI $64,477 @ 7.0% cap · market cap 4.03%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,424 @ 7.0% cap · market cap 7.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
3,972
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Medical center - Fully equipped clinical facility with diagnostics, laboratory, pharmacy space, and rear-lot parking.
Where is this medical center located?
The property is located at 16661 Ventura Encino, CA.
What is the asking price?
The asking price for this property is $1,599,000.
What are key features of this property?
This property features: Approximately 3,400 square feet of medical space; Urgent care practice operates seven days a week, from 9:00 AM to 9:00 PM; On‑site laboratory and dedicated pharmacy space
