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    18851-18859 Ventura Blvd Los Angeles, CA 91356

    Sponsored
    For Lease
    $34 SF/Yr

    Prime Los Angeles retail space, high traffic area.

    Lot size:
    15,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional retail property, located at 18851-18859 Ventura Boulevard in Los Angeles, California, 91356, offers 15,000 square feet of space, with 6,000 square feet currently vacant. The property is zoned C2-1VL and sits on a 0.48-acre lot. Built in 1976, the building features 18 parking spaces and benefits from a highly visible location with heavy pedestrian and automobile traffic. Its strategic position adjacent to Tarzana Village Walk ensures significant foot traffic. The property boasts a strong tenant mix, including prominent national brands such as Whole Foods, Von's, CVS, Starbucks, Coffee Bean, Walgreens, Brake Masters, Verizon, Ortho Mattress, ARCO, and Winchell's Donuts. Convenient access to the 101 Freeway and a nearby bus line further enhances its appeal. The property also includes prominent pylon signage and opportunities for additional signage at a signalized intersection. Available spaces range from 2,000 to 4,000 square feet, making it ideal for a variety of retail or restaurant uses. This is a rare opportunity to secure a prime retail location in a thriving Los Angeles neighborhood.

    Property Features for 18851-18859 Ventura Blvd

    General Information

    Property type
    Strip malls
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    15,000 SF
    Total Rate
    42750

    Building Details

    Year Built
    1976

    Unit(s) available at that property

    Space
    1st Floor, Suite 18849
    Size
    4,000 SF
    Rate per SF
    $34
    Space
    1st Floor, Suite 18853
    Size
    2,000 SF
    Rate per SF
    $36

    HighLights

    • 3,300 SF open floor plan with private office, storage, and restroom.
    • $2.50/SF gross rent + $0.35/SF NNN expenses.
    • Excellent Ventura Boulevard signage and visibility.
    • Abundant natural light.
    • Four rear parking spaces with truck access.
    • 15‑foot high ceilings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    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
    -118.54454133191
    Latitude
    34.172300801085

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    FAQs

    What type of property is this?
    Strip mall - Prime Los Angeles retail space, high traffic area.
    Where is this strip mall located?
    The property is located at 18851-18859 Ventura Blvd Los Angeles, CA.
    What is the lease rate?
    The lease rate is $34-$36 SF/Yr.
    What are key features of this property?
    This property features: 3,300 SF open floor plan with private office, storage, and restroom.; $2.50/SF gross rent + $0.35/SF NNN expenses.; Excellent Ventura Boulevard signage and visibility.
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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
    18851-18859 Ventura Blvd Los Angeles, CA 91356
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