Mixed-Use Building with
For Sale
$2,950,000
19621 Ventura Boulevard, Tarzana, CA 91356
Commercial Sale, Tarzana, CA
Property Size4,944 SF
Price / SF$596.68
Days on Market72
Property Features for 19621 Ventura Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LAC2
Fencing
Chain Link
Directions
North side of Ventura Blvd, east of Corbin Ave and West of Tampa Ave.
Subdivision
TAR - Tarzana
Standard status
Active
APN
2164013018
Additional Details
Mixed-Use Components
retail, residential
Utilities
Cooling system
Central Air, Window Unit(s), Wall/Window Unit(s)
Building Details
Year built
1963
Buildings
1
Listing Agency:
Pinnacle Estate Properties
(818) 993-7370
Listed By:
David Proctor · License #01182757
(818) 422-3283
Added: Aug 24
Changed: Nov 2
Last Checked: Nov 3 at 2:06AM
MLS# SR26183052
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.
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Investment Insights
Based on property information with market context.
The 4,944-square-foot property has three ground-floor commercial storefronts totaling approximately 3,444 square feet, along with a 1,500-square-foot upstairs residential unit. Two commercial suites connect through an interior doorway, and one includes a large walk-in vault. The building dates to 1963 and has received work on electrical and plumbing systems, HVAC, roofing, lighting, flooring, storefront glass, and interior and exterior finishes. Improvements to the residence include flooring, plumbing fixtures, lighting, doors, locks, and HVAC work.
Located at 19621 Ventura Boulevard in Tarzana, the property has approximately 50 feet of frontage along the boulevard. A gated rear parking area provides 7 spaces. Zoning is LAC2; potential retail, office, service, and medical or dental uses are subject to city approval and applicable requirements.
Located at 19621 Ventura Boulevard in Tarzana, the property has approximately 50 feet of frontage along the boulevard. A gated rear parking area provides 7 spaces. Zoning is LAC2; potential retail, office, service, and medical or dental uses are subject to city approval and applicable requirements.
Key Highlights
- 4,944‑square‑foot mixed‑use building with 3,444 square feet of commercial space and a 1,500‑square‑foot residence
- Approximately 50 feet of frontage on Ventura Boulevard
- Gated rear parking area with 7 spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$114,736
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,294,720
$2.3M
Cap Rate 7%
$1,639,086
$1.6M
Cap Rate 9%
$1,274,844
$1.3M
Market Conditions
NOI Build-Up for 4,944 SF
Gross rent
$182.7K $36.96/SF
− Vacancy
−$18.8K −$3.81/SF
EGI
$163.9K $33.15/SF
− OpEx
−$49.2K −$9.95/SF
NOI
$114.7K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,294,720
Cap Rate 7%
$1,639,086
Cap Rate 9%
$1,274,844
Alternative Uses
Best Use
Retail
$1.64M
$1.43M – $1.91M
NOI $114,736 @ 7.0% cap · market cap 3.89%
Second Best
Mixed Use
$1.43M
$1.25M – $1.67M
NOI $100,116 @ 7.0% cap · market cap 3.39%
Theoretical Best
Multifamily LT 5
$100.16M
$87.64M – $116.86M
NOI $7,011,373 @ 7.0% cap · market cap 237.67%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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See the owner, sales and loan history
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,846
Businesses Nearby
116k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 39%
Home Improvements & Furnishings 1%
In-N-Out Burger
Dining
29,481 visits/mo
0.4 miles
United Oil
Shops & Services
23,490 visits/mo
0.2 miles
Starbucks
Dining
17,618 visits/mo
0.2 miles
El Pollo Loco
Dining
11,555 visits/mo
0.2 miles
7-Eleven
Shops & Services
9,010 visits/mo
0.2 miles
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - LAC2 zoning accompanies ground-level commercial space and an upstairs residence.
Where is this mixed-use property located?
The property is located at 19621 Ventura Boulevard Tarzana, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 4,944‑square‑foot mixed‑use building with 3,444 square feet of commercial space and a 1,500‑square‑foot residence; Approximately 50 feet of frontage on Ventura Boulevard; Gated rear parking area with 7 spaces
