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Property profile

16260 Ventura Blvd Los Angeles, CA 91436

OFF-MARKET
Office Spaces
60,587 SF Built 1964
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Property summary

AI-generated overview

This exceptional sublease opportunity presents 2,974 square feet of medical office space within a prestigious eight-story Class B building located at 16260 Ventura Boulevard, Suite 700, in Encino, California. The building, constructed in 1964, boasts a total of 60,587 square feet and offers convenient access to the 101 and 405 freeways. The property is zoned C4 and situated in Los Angeles County, with a cross street of Libbit Avenue and a zip code of 91436. The building features one elevator for easy access to all floors. Ample parking is readily available in the attached parking structure. This single-space sublease is ideal for medical practices seeking a well-established location in a thriving area. The building's multi-tenant environment provides a collaborative atmosphere. This is a fantastic opportunity to secure a prominent medical office space in a highly desirable Encino location with excellent freeway access and ample parking. The property is part of a larger building with a total of eight stories.

Property profile

Verified
Property type Office Spaces
Year built 1964
Total area 60,587 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16260 Ventura Blvd Los Angeles, CA 91436
Los Angeles metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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