Ventura Blvd Commercial Building For
For Sale
Contact for pricing
17047 Ventura Blvd, Los Angeles, CA 91316
Commercial building on Ventura Blvd, ideal for owner/user.
Property Size6,099 SF
Lot Size0.18 Acres
Price / SF$573.86
Days on Market327
Property Features for 17047 Ventura Blvd
General Information
Standard status
Active
Size
6,099 SF
Lot size
0.18 Acres
Property subtype
Retail
Zoning
C4-IVL
Occupancy
50%
Lease Type
NNN
Investment Type
Owner/User
Building Details
Units
2
Listing Agency:
Wilshire Advisory Group
(310) 202-9008
Listed By:
Wilshire Advisory Group, Inc. · License #01125581
Source:
Crexi
Added: Sep 24, 2025
Changed: Aug 12
Last Checked: Aug 13 at 8:28AM
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 Wilshire Advisory Group
Investment Insights
Based on property information with market context.
This commercial building offers approximately 6,099 square feet of space on a lot of approximately 0.18 acres, which is 7,976 square feet according to the title. The property is zoned C4 - IVL and has the APN 2258-013-023. Approximately 3,649 rentable square feet are available for an owner or user. The gross income is approximately $110,244 per year on a NNN lease. The property includes eight parking spots and is located on Ventura Blvd.
Key Highlights
- High Gross Income: Approx. $110,244/NNN/Year
- Approx. 3,649 RSF Available For Owner/User
- Zoning: C4 - IVL, allowing for a variety of commercial uses
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$144,767
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,895,340
$2.9M
Cap Rate 7%
$2,068,100
$2.1M
Cap Rate 9%
$1,608,522
$1.6M
Market Conditions
NOI Build-Up for 6,099 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$237.1K $38.88/SF
− Vacancy
−$44.1K −$7.23/SF
EGI
$193.0K $31.65/SF
− OpEx
−$48.3K −$7.91/SF
NOI
$144.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,895,340
Cap Rate 7%
$2,068,100
Cap Rate 9%
$1,608,522
Alternative Uses
Best Use
Office B
$2.07M
$1.81M – $2.41M
NOI $144,767 @ 7.0% cap · market cap 4.14%
Second Best
Retail
$2.02M
$1.77M – $2.36M
NOI $141,541 @ 7.0% cap · market cap 4.04%
Theoretical Best
Multifamily LT 5
$123.56M
$108.12M – $144.16M
NOI $8,649,345 @ 7.0% cap · market cap 247.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,382
Businesses Nearby
Explore this area
Business Placement
Demographics for 91316, CA
28,777
Population
13,602
Households
2.1
Avg Household Size
43
Median Age
58%
College-Educated
94%
High-School Grad
5.5 sq mi
ZIP Area
5,232
Density / Sq Mi
$90,802
Median Household Income
$57,845
Median Earnings
$2,104
Median Rent
$909,700
Median Home Value
Market
Vacancy Rate% for Office in West region
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 - Commercial building on Ventura Blvd, ideal for owner/user.
Where is this office building located?
The property is located at 17047 Ventura Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: High Gross Income: Approx. $110,244/NNN/Year; Approx. 3,649 RSF Available For Owner/User; Zoning: C4 - IVL, allowing for a variety of commercial uses
