Ventura Boulevard Retail Investment
For Sale
Contact for pricing
19701 Ventura Blvd, Los Angeles, CA 91364
High-visibility retail property with long-term tenant in Woodland Hills.
Property Size3,982 SF
Price / SF$715.72
Days on Market146
Property Features for 19701 Ventura Blvd
General Information
Standard status
Active
Size
3,982 SF
Property subtype
Retail
Zoning
LAC1
Building Details
Year Built
1969
Buildings
1
Stories
1
Listing Agency:
IKON Properties
(818) 246-1099
Listed By:
Blas Fernandez · License #CA 02012036
Source:
Crexi
Added: Mar 20
Changed: Aug 8
Last Checked: Jul 30 at 9:12AM
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 IKON Properties
Investment Insights
Based on property information with market context.
This investment opportunity is located along Ventura Boulevard in Woodland Hills. The property offers a high-visibility position on a signalized corner, providing street presence and daily traffic exposure. The surrounding area features a dense population, strong demographics, and a mix of retail, restaurant, and service-oriented businesses. The asset includes two gated parking lots, providing on-site parking for tenants and visitors. The property is a commercial asset in a proven trade area. The property contains 3,982 square feet of retail space.
Key Highlights
- Prime location on Ventura Boulevard in Woodland Hills' premier commercial corridor.
- High‑visibility corner position with strong street presence and consistent daily traffic exposure.
- Stable, income‑producing investment with a long‑term tenant in place.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$92,411
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.24%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,848,220
$1.8M
Cap Rate 7%
$1,320,157
$1.3M
Cap Rate 9%
$1,026,789
$1.0M
Market Conditions
NOI Build-Up for 3,982 SF
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.
Gross rent
$147.2K $36.96/SF
− Vacancy
−$15.2K −$3.81/SF
EGI
$132.0K $33.15/SF
− OpEx
−$39.6K −$9.95/SF
NOI
$92.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,848,220
Cap Rate 7%
$1,320,157
Cap Rate 9%
$1,026,789
Alternative Uses
Best Use
Retail
$1.32M
$1.16M – $1.54M
NOI $92,411 @ 7.0% cap · market cap 3.24%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$80.67M
$70.59M – $94.12M
NOI $5,647,105 @ 7.0% cap · market cap 198.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,830
Businesses Nearby
152k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 45%
Shops & Services 30%
Groceries 21%
Apparel 4%
McDonald's
Dining
37,632 visits/mo
0.4 miles
Bristol Farms
Groceries
31,393 visits/mo
0.4 miles
Starbucks
Dining
18,462 visits/mo
0.5 miles
Bank of America
Shops & Services
12,733 visits/mo
0.5 miles
Pet Food Express
Shops & Services
11,487 visits/mo
0.4 miles
Demographics for 91364, CA
27,071
Population
10,969
Households
2.5
Avg Household Size
45
Median Age
55%
College-Educated
97%
High-School Grad
7.5 sq mi
ZIP Area
3,609
Density / Sq Mi
$134,534
Median Household Income
$74,852
Median Earnings
$2,847
Median Rent
$1,162,000
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - High-visibility retail property with long-term tenant in Woodland Hills.
Where is this retail space located?
The property is located at 19701 Ventura Blvd Los Angeles, CA.
What is the asking price?
The asking price for this property is $2,850,000.
What are key features of this property?
This property features: Prime location on Ventura Boulevard in Woodland Hills' premier commercial corridor.; High‑visibility corner position with strong street presence and consistent daily traffic exposure.; Stable, income‑producing investment with a long‑term tenant in place.
