Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space on Ventura Boulevard Title is generated by Realmo AI

    23291 Ventura Boulevard, Woodland Hills, CA 91364

    View on Map
    Claim this Listing
    For Lease
    $2,450 /Mo

    Retail space available for rent on Ventura Boulevard.

    Added:
    Jan 19, 2026
    Days on Market:
    134
    Last Refresh:
    Mar 16 at 9:22 am

    Property Features for 23291 Ventura Boulevard

    General Information

    Standard status
    Active

    Building Details

    Year Built
    1984

    We can help!

    Listing Contact
    Mike Pashai

    Listing agent Mike Pashai

    Listing office

    Listing date Jan 19, 2026

    Source Evrealestate

    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 Mike Pashai

    HighLights

    • Located in Los Angeles County
    • Built in 1984
    • Directions include Ventura Blvd West
    • Directions include Woodlake Sve
    • Additional Property Details available
    • Property Description available

    Overview

    This retail space is located on Ventura Boulevard, west of Woodlake Avenue, in Woodland Hills, Los Angeles County.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Woodland Hills
    County
    Los Angeles
    State
    California
    Longitude
    -118.63345
    Latitude
    34.1616

    Nearby Similar for Lease

    • $2,800/Mo
      1,037 SF

      Functional Office Space in Woodland

      Independent office space with easy access to Freeway 101.
      23291 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • $3 SF/Yr
      6,720 SF

      Dental Offices in Woodland Hills

      Two fully built-out dental offices available for lease.
      6024 Fallbrook Avenue, Woodland Hills, CA 91367
      View Details
    • $2.00 SF/Yr
      7,652 SF

      Retail Space on Ventura Blvd

      Retail space available for lease in Woodland Hills, CA.
      20847-20859 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • $2 SF/Yr
      2,136 SF

      Woodland Hills Office Space Available

      Office space with private offices and in-unit restroom.
      20640-20664 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • $2 SF/Yr
      10,710 SF

      Woodland Hills Office Space Available

      Centrally located office space in Woodland Hills for lease.
      5955 De Soto Avenue, Woodland Hills, CA, 91367
      View Details
    • $2 SF/Yr
      5,209 SF

      Woodland Hills Office Space Available

      Six-story office building with parking available for lease.
      5950 Canoga Avenue, Woodland Hills, CA, 91367
      View Details
    • $2 SF/Yr
      11,037 SF

      Woodland Hills Office and Retail

      Office and retail spaces for lease in Woodland Hills.
      5353 Topanga Canyon Blvd, Woodland Hills, CA 91364
      View Details
    • $2.00 SF/Yr
      1,075 SF

      Restaurant Space For Rent

      First floor restaurant space available for rent.
      20833-20855 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • $1.99 SF/Yr
      38,592 SF

      Office Space with Open Kitchen

      Office space featuring private offices, bullpen areas, and conference rooms.
      21700 West Oxnard Street, Woodland Hills, CA, 91367
      View Details
    • $1.95 SF/Yr
      5,580 SF

      Ventura Blvd Office Space Available

      Upstairs office space with excellent street visibility and easy freeway access.
      22713 Ventura Blvd | Woodland Hills, CA 91364, CA 91364
      View Details
    • $1.50 SF/Yr
      57,600 SF

      Prime Office Space on Ventura

      Well-located office suites with natural light and included utilities.
      20335 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • $2 SF/Yr
      46,994 SF

      Woodland Hills Office Space Available

      Remodeled office space with easy freeway access and many amenities.
      22801 Ventura Blvd | Woodland Hills, CA 91364, CA 91364
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space available for rent on Ventura Boulevard.
    Where is this retail space located?
    The property is located at 23291 Ventura Boulevard Woodland Hills, CA.
    What is the lease rate?
    The lease rate is $2,450 /Mo.
    What are key features of this property?
    This property features: Located in Los Angeles County; Built in 1984; Directions include Ventura Blvd West
    (818) 222-2250
    We can help!
    Listing Contact
    Mike Pashai
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    23291 Ventura Boulevard, Woodland Hills, CA 91364
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!