Search
Three-Story Office Building
For Sale
Contact for pricing
Pending

16861 Ventura Blvd, Los Angeles, CA 91436

Renovated multi-tenant property with medical suites, dual elevators, and subterranean parking near a signalized intersection.

Property Size34,879 SF
Days on Market142

Property Features for 16861 Ventura Blvd

General Information

Standard status Pending
Size 34,879 SF
Class Class A
Elevators Yes
Property subtype Office

Additional Details

Office Units 19

Building Details

Buildings 1
Stories 3
Tenancy Multi
Listing Agency: Newmark Knight Frank Los Angeles
Listed By: Steven Salas · License #CA 01232955
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 2:43AM

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 Newmark Knight Frank Los Angeles

Investment Insights

Based on property information with market context.

This three-story office and medical building contains approximately 34,879 SF and is configured with 19 suites ranging from 342 to 10,063 SF, along with 2 cell towers. Recent improvements include a new HVAC system, dual elevators, and refreshed common areas on the second and third floors. The two-level subterranean parking garage serves the property, while the entire ground floor is available for owner-user occupancy of up to 10,063 square feet of medical or retail space.

The building occupies the signalized intersection of Ventura Boulevard and Balboa Boulevard, with signage on both streets and exposure to substantial vehicle and pedestrian traffic. The surrounding business district includes corporate offices, retailers, restaurants, fitness and wellness businesses, medical practices, and professional services. Nearby destinations include Equinox, Encino Community Center, Los Encinos State Historical Park, Encino Hospital Medical Center, and Campbellsville University.

Key Highlights

  • Approximately ±34,879 SF, three‑story office/medical building
  • 19 suites ranging from 342 – 10,063 SF, plus 2 cell towers
  • Entire ground floor available for owner‑user occupancy up to 10,063 square feet

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Storage Facility Furniture & Home Goods Grocery & Convenience Store Discount Store Veterinary Clinic (Bike/Boat/Book/etc) Store

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

19
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,268
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

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Renovated multi-tenant property with medical suites, dual elevators, and subterranean parking near a signalized intersection.
Where is this office building located?
The property is located at 16861 Ventura Blvd Los Angeles, CA.
What are key features of this property?
This property features: Approximately ±34,879 SF, three‑story office/medical building; 19 suites ranging from 342 – 10,063 SF, plus 2 cell towers; Entire ground floor available for owner‑user occupancy up to 10,063 square feet
(310) 275-8222 Call to check price and availability
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