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    17007 Ventura Blvd Los Angeles, CA 91316

    Sponsored
    For Sale
    $4,990,000

    Ventura Blvd storefront, high visibility, investment potential

    Property size:
    7,369 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Encino storefront, located at 17007-17015 Ventura Blvd, offers 7,369 square feet of retail space on a substantial 11,200 square foot lot. Built in 1948 and renovated in 2014, this two-story building boasts a prime location in a thriving commercial area, surrounded by popular retailers such as Gelson's, Amazon Fresh, Michaels, and CVS. The property's C4-1VL zoning in Los Angeles County (APN 2258-013-002) allows for a variety of uses, making it ideal for investment, owner-user occupancy, or redevelopment. With excellent visibility and ample parking, this property presents a unique opportunity to capitalize on the area's substantial growth. The asking price is $4,990,000, translating to $677.16 per square foot. The property can be delivered mostly vacant, providing immediate occupancy potential. This is a rare chance to acquire a well-positioned retail asset in a high-demand Los Angeles market. Don't miss this chance to secure a property with significant upside potential.

    Property Features for 17007 Ventura Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    7,369 SF

    Building Details

    Year Built/Renovated
    1948/2014
    Buildings
    1
    Stories
    2

    HighLights

    • 17007‑17015 Ventura Blvd, Encino, CA 91316.
    • ±111,200 SF lot with high visibility on Ventura Blvd, near major retailers.
    • 7,369 SF building on a 0.26‑acre lot.
    • Built in 1948, renovated in 2014.
    • Suitable for investment, owner‑user, or redevelopment; can be delivered mostly vacant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply 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
    -118.5036136
    Latitude
    34.1600707

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    FAQs

    What type of property is this?
    Individual retail property - Ventura Blvd storefront, high visibility, investment potential
    Where is this individual retail property located?
    The property is located at 17007 Ventura Blvd Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $4,990,000.
    What are key features of this property?
    This property features: 17007-17015 Ventura Blvd, Encino, CA 91316.; ±111,200 SF lot with high visibility on Ventura Blvd, near major retailers.; 7,369 SF building on a 0.26-acre lot.
    Request Owner's contact information
    17007 Ventura Blvd Los Angeles, CA 91316
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    Los Angeles, CA 91316
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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
    17007 Ventura Blvd Los Angeles, CA 91316
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