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    18955 Ventura Blvd Los Angeles, CA 91356

    Sponsored
    For Lease
    $39 SF/Yr

    Prime Ventura Blvd Retail Space Available

    Lot size:
    21,691 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Topeka Plaza, a vibrant 21,691 square foot strip center in Los Angeles County, presents a unique investment opportunity. This multi-tenant property boasts excellent street visibility on Ventura Boulevard, experiencing over 41,000 cars daily. The center features a diverse and strong tenant mix, including established businesses such as Peet's Coffee, T-Mobile, Magpies Softserve, Domino's, and SAS Shoes. Currently, 6,100 square feet of retail space is available, with spaces ranging from 1,550 to a maximum contiguous 4,800 square feet. The property sits on a 0.87-acre lot and was built in 1984. Ample shared customer parking is provided, with multiple ingress and egress points for convenient access. Attractive signage opportunities exist, including monument and pylon signage. The property includes air conditioning and a parking ratio of 2.03 spaces per 1,000 square feet. This high-traffic location, combined with a strong tenant base and excellent visibility, makes Topeka Plaza an ideal investment for discerning buyers seeking a prime retail space on a busy thoroughfare.

    Property Features for 18955 Ventura Blvd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,691 SF
    Total Rate
    70495.75

    Building Details

    Year Built
    1984

    Unit(s) available at that property

    Space
    1st Floor, Suite 18957
    Size
    1,550 SF
    Rate per SF
    $39

    HighLights

    • Excellent street visibility on Ventura Boulevard.
    • Strong tenant mix including Peet's Coffee, T‑Mobile, Magpies Softserve, Domino's, and SAS Shoes.
    • Monument and pylon signage available.
    • High traffic count exceeding 41,000 vehicles daily.
    • Ample shared parking with multiple ingress/egress points.
    Property Profile Location Intelligence

    Current Use by Public Records

    Shilpark Paint - Tarzana Paint Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.5465064435
    Latitude
    34.172554686538

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Ventura Blvd Retail Space Available
    Where is this neighborhood center located?
    The property is located at 18955 Ventura Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $39 SF/Yr.
    What are key features of this property?
    This property features: Excellent street visibility on Ventura Boulevard.; Strong tenant mix including Peet's Coffee, T-Mobile, Magpies Softserve, Domino's, and SAS Shoes.; Monument and pylon signage available.
    Request Owner's contact information
    18955 Ventura Blvd Los Angeles, CA 91356
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    Los Angeles, CA 91356
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    Realmo Value Estimation

    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.

    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.

    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
    18955 Ventura Blvd Los Angeles, CA 91356
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