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    Profitable Medical Spa in Encino Title is generated by Realmo AI

    17071 Ventura Boulevard, Encino, CA 91316

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    Claim this Listing
    For Sale
    $370,000

    Business Opportunity - Encino, CA

    Property size:
    1,230 SF
    Price / SF:
    $300/SF
    Added:
    Feb 23, 2026
    Days on Market:
    88
    Last Refresh:
    May 22 at 9:06 am

    Property Features for 17071 Ventura Boulevard

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    1,230 SF

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Angela Oganesyan
    Angela Oganesyan

    Listing agent Angela Oganesyan License #01488232

    Listing office JohnHart Real Estate 15233 Ventura Blvd., Sherman Oaks, CA

    Listing date Feb 23, 2026

    MLS# SR26037029 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully operational, professionally designed medical spa ready for immediate revenue generation.
    • Includes Candela GentleMax Pro Plus laser platform, a high‑value asset.
    • Diversified service mix across high‑margin aesthetic and wellness categories.
    • Established patient database of approximately 1,700 active clients.
    • Layout designed for operational efficiency and scalability.
    • Ideal for medical professionals, owner‑operators, or investors seeking a high‑demand aesthetic platform.

    Overview

    This is a fully operational, professionally designed medical spa, presenting a business opportunity to acquire a profitable aesthetic business. The 1,230 square foot facility features multiple fully equipped treatment rooms designed for high-margin services, including injectables, laser treatments, regenerative medicine, IV therapy, and advanced skincare. The spa is equipped with the Candela GentleMax Pro Plus, a laser platform capable of treating all skin types and supporting multiple revenue streams such as laser hair removal, pigmentation, vascular lesions, and skin rejuvenation. Service offerings include Botox, dermal fillers, facial balancing, microneedling, Hair PRP, Facial PRP, IV therapy (including NAD+), B12 injections, and medical-grade facials. The business has an established patient database of approximately 1,700 active clients. The layout supports operational efficiency and scalability, with dedicated rooms for laser treatments, injectables, PRP, IV therapies, and advanced facial treatments. The property is located in Encino, California, in Los Angeles County. This is suited for a medical professional, owner-operator, or investor seeking a high-demand aesthetic platform with strong margins, premium equipment, and expansion potential in injectables and wellness services.

    Financial Insights

    Value Estimation Calculated for Healthcare Medical

    Conservative
    $259.2K
    NOI $23,326 @ 9.00% cap · cautious / downside scenario
    Moderate
    $333.2K
    NOI $23,326 @ 7.00% cap · market / base-case scenario
    Aggressive
    $466.5K
    NOI $23,326 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Healthcare Medical

    Component $ $/SF
    Gross rent $41.6k $33.84
    − Vacancy −$2.7k −$2.23
    EGI $38.9k $31.61
    − OpEx −$15.6k −$12.64
    NOI $23.3k $18.96
    1,230 SF · lease $33.84/SF/yr · vacancy 6.60% · expense 40.00%

    Alternative Use Scenarios

    Best Use
    Healthcare Medical
    $333.2K
    $291.6K – $388.8K (±1% cap)
    NOI $23,326 @ 7.0% cap · market cap 6.30%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $658.5K
    $576.2K – $768.3K (±1% cap)
    NOI $46,098 @ 7.0% cap · market cap 12.46%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Directors Network Employment Agency Joshua Lurie Physician Shana Urban Physician Erin Schultze Physician Fancy Beauty Med ... Spa & Massage Center

    Suggested Use

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

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

    Similar Places Nearby

    • IPEC Therapy — 16542 Ventura Blvd UNIT 320, Encino, CA 91436
    • Mr. Alexander Ezzati — 16430 Ventura Blvd Suite 207, Encino, CA 91436
    • Dr. Yuliya Gruppina — 16550 Ventura Blvd, Encino, CA 91436
    • Misra Wellness — 16542 Ventura Blvd Suite 304, Encino, CA 91436
    • David Obsusin — 16550 Ventura Blvd, Encino, CA 914362004

    Location Insight

    • Map
    • Local Demand
    City
    Encino
    County
    Los Angeles
    State
    California
    Longitude
    -118.504991
    Latitude
    34.160216

    FAQs

    What type of property is this?
    Spa & wellness property - Fully operational medical spa with premium equipment and established clientele.
    Where is this spa & wellness property located?
    The property is located at 17071 Ventura Boulevard Encino, CA.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: Fully operational, professionally designed medical spa ready for immediate revenue generation.; Includes Candela GentleMax Pro Plus laser platform, a high‑value asset.; Diversified service mix across high‑margin aesthetic and wellness categories.
    (818) 634-1025
    We can help!
    Listing Contact
    Angela Oganesyan
    Angela Oganesyan
    Real Estate License ID: 01488232
    Learn More
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    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
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