Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Encino Office with Valley Views Title is generated by Realmo AI

    16830 Ventura Blvd Encino CA 91436, Encino, CA 91436

    View on Map
    For Lease
    Contact for pricing

    1,330 - 19,584 SF of Office Space Available in Encino, CA 91436

    Added:
    Jan 22, 2025
    Days on Market:
    494
    Last Refresh:
    Mar 16 at 9:05 am

    Property Features for 16830 Ventura Blvd Encino CA 91436

    General Information

    Standard status
    Active
    Property type
    Office buildings, Office Units, Office Spaces
    Class
    A
    Elevators
    N/A
    Rate Type
    Monthly

    Building Details

    Year Built
    1986

    We can help!

    Listing Contact
    Chad Hagobian

    Listing agent Chad

    Listing office

    Listing date Jan 22, 2025

    Overview

    Located in Encino, this office building offers office space for lease. Situated at the intersection of Ventura and Balboa Boulevards, it provides convenient access from the 101 Freeway. The building features office suites ranging in size from 1,330 to 19,584 square feet, with many offering mountain and San Fernando Valley views. Building amenities include a courtyard, on-site property management, and signage opportunities. An EQUINOX Fitness center and an Earthbar are located on the ground level, providing access to fitness and healthy food options. The building is Energy Star labeled and offers outdoor seating. The suites have been newly renovated.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jacob Hall - Real ... Real Estate Agency Floyd Group Real Estate Agency Mortgage, Bank of America Loan Service Law Offices of Michele ... Law Firm Shep Zebberman Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Hair Salon Dental Office Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Encino
    County
    Los Angeles
    State
    California
    Longitude
    -118.500812
    Latitude
    34.158558

    Nearby Similar for Lease

    • $30 SF/Yr
      853-853 SF

      5535 Balboa Blvd

      Office space with building signage, near freeways and amenities.
      5535 Balboa Blvd # # # #, Unit 220, Encino, CA 91316
      View Details
    • $3,450/Mo

      Encino Medical/Dental Space on Ventura

      High-visibility medical/dental space in Encino's commercial corridor.
      18032 Ventura, Encino, CA 91316
      View Details
    • $2 SF/Yr
      25,000 SF

      Versatile Space Near Ventura Boulevard

      Adaptable space suitable for medical, office, or retail tenants.
      16430 Ventura Blvd, Encino, CA 91436
      View Details
    • $3,900/Mo

      Retail Space in Encino

      Retail space available for rent in Encino, California.
      18032 Ventura, Encino, CA 91316
      View Details
    • $2 SF/Yr
      71,846 SF

      Encino Arches Class A Office

      Class A office space with high visibility and convenient access.
      15503 Ventura Blvd., Encino, CA 91436
      View Details
    • $2 SF/Yr
      30,162 SF

      Ventura Boulevard Retail Space Available

      Retail spaces available on Ventura Blvd in Encino, California.
      17255-17287 Ventura Blvd | Encino, CA 91316, CA 91316
      View Details
    • $2 SF/Yr
      113,390 SF

      Encino Office Space on Ventura

      Prime Encino location with build-to-suit options and direct parking.
      16027 Ventura Blvd | Encino, CA 91436, CA 91436
      View Details
    • Contact for pricing
      107,417 SF

      Medical Buildings in Prime Location

      Two buildings with adaptable space near leading medical centers.
      6345 Balboa Boulevard, Encino, CA, 91316
      View Details
    • $2 SF/Yr
      408 SF

      Encino Office Space For Rent

      Interior office space with exposed ceilings in Encino, CA.
      16200 Ventura Blvd, Encino, CA
      View Details
    • $2 SF/Yr
      750 SF

      Medical Office Sublease Opportunity

      Shared medical office space available for sublease in Encino.
      16260 Ventura Blvd, Encino, CA
      View Details
    • $3 SF/Yr
      1,040 SF

      Encino Office Space For Rent

      Sixth floor office space available for lease in Encino.
      16311 Ventura Blvd, Encino, CA
      View Details
    • Contact for pricing
      13,810 SF

      Encino Retail Space Available

      Retail space available, formerly a PetSmart location.
      17150-17232 Ventura Blvd, Encino, CA
      View Details

    FAQs

    What type of property is this?
    Office building - 1,330 - 19,584 SF of Office Space Available in Encino, CA 91436
    Where is this office building located?
    The property is located at 16830 Ventura Blvd Encino CA 91436 Encino, CA.
    (310) 255-7777
    We can help!
    Listing Contact
    Chad Hagobian
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    16830 Ventura Blvd, Encino, CA 91436, Encino, CA 91436
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!