18645-18663 Ventura Boulevard, Tarzana, CA 91356
Three-story mixed-use building at a signalized corner with dedicated parking, currently 90% leased across retail and office tenants.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 4:42 am
Property Features for 18645-18663 Ventura Boulevard
General Information
- Standard status
- Active
- Size
- 46,776 SF
- Property subtype
- Mixed Use, Retail, Office
Building Details
- Year Built
- 1986
Listing agent Janet Neman License #CA 01069127
Listing office Kidder Mathews Los Angeles West (424) 653-1809
Listing date Jun 11, 2026
Source Crexi
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 Kidder Mathews Los Angeles West
HighLights
- Wall Street Plaza is a three‑story mixed‑use retail and office building (46,776 SF) built in 1986 and renovated in 2004.
- Located at the signalized northeast corner of Yolanda Avenue and Ventura Boulevard in Tarzana, CA, with about 40,000 daily vehicles along the frontage.
- On two parcels totaling approximately 58,867 SF, with a dedicated adjacent parking structure providing about 211 spaces (4.3 spaces per 1,000 SF).
- Currently approximately 90% leased to a diversified tenant mix including restaurants, medical, financial services, and daily‑needs.
- Offered at $16,950,000 (about $362/SF of GLA).
- Vacancy available for near‑term lease‑up, with in‑place rents stated as below current submarket levels.
Overview
The property is located at the signalized northeast corner of Yolanda Avenue and Ventura Boulevard in Tarzana, California. It benefits from street frontage along one of the San Fernando Valley’s busiest commercial corridors, with daily traffic volumes approaching 40,000 vehicles along the property frontage and exceeding 41,000 vehicles just east of the site.
Wall Street Plaza is offered for sale as a free-and-clear investment with near-term vacancy for additional lease-up. Current occupancy is approximately 90% leased, and the asset includes multiple operational paths discussed in the marketing materials, including opportunities associated with in-place rents and structure-level lease terms such as NNN conversion. The dedicated parking allocation is positioned to support both customer access and day-to-day tenant operations for retail and office uses under one ownership platform.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $1.82M | $38.88 |
| − Vacancy | −$338.3k | −$7.23 |
| EGI | $1.48M | $31.65 |
| − OpEx | −$370.1k | −$7.91 |
| NOI | $1.11M | $23.74 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tarzana
- County
- Los Angeles
- State
- California
- Longitude
- -118.53975
- Latitude
- 34.17046
