Property summary
This exceptional commercial property in Encino, CA, offers 4,300 square feet of vacant space within an 86,000-square-foot, Class A, multi-tenant retail and office building at 16101 Ventura Blvd, zip code 91436. Built in 1992 and renovated in 2022, the property features a minimum divisible space of 1,051 square feet, with a maximum contiguous space of 1,051 square feet currently available. The building boasts abundant parking (5 spaces per 1000 square feet), excellent visibility from Ventura Boulevard due to large building signage, and benefits from a signalized intersection and a pylon sign. The space includes a fully built-out kitchen with two hoods, a walk-in cooler and freezer, a three-compartment sink, and ample storage. Other features include an open seating floor plan, restroom facilities, lots of natural light, and excellent co-tenancy within a thriving retail environment that includes upscale dining, fitness facilities, and health and beauty shops. The property is zoned LAC2 in Los Angeles County and is situated in a location that caters to families, with indoor and outdoor dining options. A key money amount of $200,000 is required. The property also benefits from on-site property management and is conveniently located near a bus line.
Property profile
VerifiedCap rate & NOI
Current use
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Physician
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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