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    20929 Ventura Blvd Los Angeles, CA 91364
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    20929 Ventura Blvd, Los Angeles, CA 91364

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    • Retail properties & Spaces
    • 34,684 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 20929 Ventura Blvd

    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    The Valley Country Market, located at 20929 Ventura Blvd in Woodland Hills, CA 91364, presents a unique investment opportunity within a thriving Los Angeles County retail center. This multi-tenant property offers a total of 34,684 square feet of retail and restaurant space, with 13 individual units currently available. Spaces range from a minimum of 549 square feet to a maximum contiguous space of 3,019 square feet, providing flexibility for a variety of businesses. A significant 22,474 square feet is currently vacant, presenting a substantial opportunity for immediate occupancy and lease income generation. The property's location in the affluent West Valley trade area, encompassing communities such as Calabasas, Hidden Hills, Tarzana, and Encino, ensures high visibility and access to a substantial customer base. The Valley Country Market is situated in the heart of Woodland Hills, serving as a community hub. This prime location offers exceptional potential for both established businesses seeking expansion and new ventures looking to establish a presence in a desirable and high-traffic area. The property's diverse layout caters to a wide range of retail and restaurant concepts, making it an ideal investment for portfolio diversification. This is a rare opportunity to acquire a significant retail presence in a highly sought-after Los Angeles County location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.589
    Latitude
    34.1676

    Comparable in this City

    • Value Estimation by Request
      5,850 SF

      21326 Ventura Blvd

      Individual retail properties
      21326 Ventura Blvd, Los Angeles, CA 91364
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    • Value Estimation by Request
      26,028 SF

      19930-19960 Ventura Blvd

      Restaurants
      19930-19960 Ventura Blvd, Los Angeles, CA 91364
      View Details
    • Value Estimation by Request

      22753 Ventura Blvd

      Restaurants
      22753 Ventura Blvd, Los Angeles, CA 91364
      View Details
    • Value Estimation
      $1,940,000
      10,750 SF

      4864 Topanga Cyn Blvd

      RETAIL STORES (PERSONAL SERVICES)
      4864 Topanga Cyn Blvd, Woodland Hills, CA 91364-4229
      View Details
    • Value Estimation
      $930,000
      3,000 SF

      22831 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      22831 Ventura Blvd, Woodland Hills, CA 91364-1202
      View Details
    • Value Estimation by Request
      697 SF

      22126 Ventura Blvd

      RETAIL STORES (PERSONAL SERVICES)
      22126 Ventura Blvd, Woodland Hills, CA 91364-1648
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Woodland Hills Restaurant in Center

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      Established Deli in Woodcourt Building

      Deli Bro's with high foot traffic, catering, and delivery.
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      Turnkey Pet Grooming Business

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      3,982 SF

      Ventura Boulevard Retail Investment Opportunity

      High-visibility retail property with long-term tenant in Woodland Hills.
      19701 Ventura Blvd, Los Angeles, CA 91364
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    Similar Nearby for Lease

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      700 SF

      Retail/Office Space Available

      Retail or office space for rent in Woodland Hills.
      19737 Ventura Blvd, Woodland Hills, CA 91364
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    • Contact for pricing
      2,700 SF

      Retail Space Under Restoration

      Retail space available for rent after restoration in late 2025.
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    • Contact for pricing
      1,381 SF

      Retail Space on Ventura Blvd

      Retail space available for lease on Ventura Boulevard.
      21921-21949 Ventura Blvd, Woodland Hills, CA 91364
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    • Contact for pricing
      1,317 SF

      Retail Space on Ventura Blvd

      End-cap retail space available for rent in Woodland Hills.
      20929 Ventura Blvd, Woodland Hills, CA 91364
      View Details
    • $2 SF/Yr
      624 SF

      Woodland Hills Office and Retail

      Office and retail spaces for lease in Woodland Hills.
      Woodland Ln, Woodland Hills, CA 91364
      View Details
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    Los Angeles, CA 91364
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    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.

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