21326 Ventura Blvd Los Angeles, CA 91364
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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