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Ventura Blvd Commercial Building For Sale

17047 Ventura Blvd, Los Angeles, CA 91316

For Sale
Contact for pricing

Commercial building on Ventura Blvd, ideal for owner/user.

Property Size6,099 SF
Lot Size0.18 Acres
Price / SF$573.86
Days on Market418

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

Site & Location

Neighborhood Encino

Building Details

Units 2
Listing Agency: Wilshire Advisory Group
Listed By: Craig Miller · License CA #01006713
Source: Crexi
Added: Sep 24, 2025 Changed: Nov 14 Last Checked: Nov 14 at 5:57AM

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

Rey
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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 / Yr
$144,767
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $144,767 @ 7.0% cap · market cap 4.14%
Second Best
Retail
$2.02M
$1.77M – $2.36M (±1% cap)
NOI $141,541 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$2.55M
$2.23M – $2.97M (±1% cap)
NOI $178,248 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Furniture & Home Goods Storage Facility Grocery & Convenience Store Veterinary Clinic Tanning Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,884
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Office buildings in Los Angeles, CA

$553 Jul
$476 Aug
$545 Sep
$638 Oct

Properties on Market for Office buildings in Los Angeles

Jul
Aug
Sep
Oct

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

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
(888) 736-0744 Call to check price and availability
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