Multi-Unit Retail
19445 Ventura Boulevard, Los Angeles, CA 91356
For Sale
Contact for pricing
Vacant C2-zoned property with a flexible retail and office layout for owner occupancy or partial leasing.
Property Size3,387 SF
Price / SF$605.26
Days on Market99
Property Features for 19445 Ventura Boulevard
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Investment Type
Site & Location
Neighborhood
Building Details
Year Built
Year Renovated
Buildings
Units
Tenancy
Listing Agency:
Gribin Properties
Listed By:
Greg Greene · License #01396840
Source:
Crexi
Added: Aug 3
Changed: Nov 3
Last Checked: Nov 8 at 8:37AM
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 Gribin Properties
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The 3,387 SF retail property was built in 1980 and is currently vacant. Its layout supports three or four separate retail or office units, allowing an owner to occupy the full building or use a portion while leasing the balance.
Located at 19445 Ventura Boulevard in Los Angeles, the property is adjacent to a drive-through Starbucks. The C2 zoning and multi-unit configuration provide a commercial format suited to varied retail and office occupancy needs.
Located at 19445 Ventura Boulevard in Los Angeles, the property is adjacent to a drive-through Starbucks. The C2 zoning and multi-unit configuration provide a commercial format suited to varied retail and office occupancy needs.
Key Highlights
- 3,387 SF retail property built in 1980
- Configured for three or four retail or office units
- Currently vacant for owner occupancy or leasing
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$80,395
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,607,900
$1.6M
Cap Rate 7%
$1,148,500
$1.1M
Cap Rate 9%
$893,278
$893.3K
Market Conditions
NOI Build-Up for 3,387 SF
Gross rent
$131.7K $38.88/SF
− Vacancy
−$24.5K −$7.23/SF
EGI
$107.2K $31.65/SF
− OpEx
−$26.8K −$7.91/SF
NOI
$80.4K $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%
$1,607,900
Cap Rate 7%
$1,148,500
Cap Rate 9%
$893,278
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,395 @ 7.0% cap · market cap 3.92%
Second Best
Retail
$1.12M
$982.5K – $1.31M
NOI $78,603 @ 7.0% cap · market cap 3.83%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,988 @ 7.0% cap · market cap 4.83%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,932
Businesses Nearby
Explore this area
Business Placement
Demographics for 91356, CA
30,664
Population
12,715
Households
2.4
Avg Household Size
43
Median Age
56%
College-Educated
94%
High-School Grad
7.3 sq mi
ZIP Area
4,201
Density / Sq Mi
$110,094
Median Household Income
$60,504
Median Earnings
$2,027
Median Rent
$1,177,200
Median Home Value
Market
Average Price Trend$/SF for Retail space in Los Angeles, CA
Properties on Market for Retail space in Los Angeles
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - Vacant C2-zoned property with a flexible retail and office layout for owner occupancy or partial leasing.
Where is this retail space located?
The property is located at 19445 Ventura Boulevard Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: 3,387 SF retail property built in 1980; Configured for three or four retail or office units; Currently vacant for owner occupancy or leasing
