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21326 Ventura Blvd Los Angeles, CA 91364

  • Retail properties
  • 5,850 SF
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence

Current Use by Public Records

  • Retail properties

Property Details for 21326 Ventura Blvd

Year built
1965
Property size
5,850 SF
Property type
Retail properties
Property subtype
Restaurants

Description

This exceptional 5,850-square-foot retail property, situated on a substantial 22,651-square-foot lot at 21326 Ventura Boulevard in Los Angeles, CA 91364, presents a remarkable owner-user opportunity. Built in 1965 and renovated in 2012, this vacant property offers immense potential for a variety of uses, including bars, restaurants, and storefronts. Its prime location on Ventura Boulevard in the heart of Woodland Hills ensures high visibility and accessibility, benefiting from substantial foot and vehicle traffic. The property boasts ample parking, exceeding typical ratios for the area, with over 50 spaces available. Woodland Hills' robust economy, characterized by high median income and strong consumer spending, makes this a highly desirable location. The property's favorable zoning allows for potential redevelopment, subject to necessary approvals, further enhancing its value. With low vacancy rates and high demand for commercial space in the area, this property represents a compelling investment opportunity in a thriving and growing community. Excellent accessibility to major highways and public transportation adds to its appeal. The asking price is $4,995,000, with a price per square foot of $853.85. The property's APN is 2167-002-003.


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
-118.597
Latitude
34.1676
More about this property
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