Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13721 Ventura Blvd Los Angeles, CA 91423

    • Office Properties & Spaces
    • 1,620 SF
    For Lease
    View listing
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Office Properties & Spaces

    Property Details for 13721 Ventura Blvd

    Property size
    1,620 SF
    Property type
    Office Properties & Spaces

    Description

    This exceptional 1,620-square-foot executive office suite is ideally located at 13721 Ventura Boulevard in Los Angeles, California, 91423. The property offers a rare ground floor tenancy with the convenience of direct access from parking. The bright and inviting space features large windows, providing ample natural light. The interior boasts attractive cork flooring throughout. The layout includes a welcoming lobby/reception area, a private office, a spacious open room, and a convenient garage door for easy access and loading. A well-equipped open kitchen and ample storage are also included. A private restroom adds to the suite's functionality and privacy. This single-tenant office space is currently vacant and ready for immediate occupancy. The landlord is willing to modify the existing layout to accommodate a tenant's specific needs, subject to agreement on a mutually acceptable space plan. This property presents a unique opportunity for a business seeking a well-appointed and adaptable office space in a prime Los Angeles location. The property is situated in Los Angeles County.

    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
    -118.432
    Latitude
    34.1485

    Comparable in this City

    • Value Estimation by Request

      13563 Ventura Blvd

      Office Properties & Spaces
      13563 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • Value Estimation by Request
      3,101 SF

      4730 Woodman Ave

      Office Properties & Spaces • 3,101 SF
      4730 Woodman Ave, Los Angeles, CA 91423
      View Details
    • Value Estimation by Request
      37,065 SF

      13949 Ventura Blvd

      Office Properties & Spaces • 37,065 SF
      13949 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • Value Estimation by Request
      10,087 SF

      13320 Riverside Dr

      Medical offices • 10,087 SF
      13320 Riverside Dr, Los Angeles, CA 91423
      View Details
    • Value Estimation by Request

      14144 Ventura Blvd

      Office Properties & Spaces
      14144 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • Value Estimation by Request
      2,250 SF

      14444 Ventura Blvd

      Restaurants • 2,250 SF
      14444 Ventura Blvd, Los Angeles, CA 91423
      View Details

    Similar Nearby for Sale

    • $4,500,000

      Sherman Oaks Creative Office Building

      Prime Sherman Oaks Owner/User Opportunity
      13257-13259 Moorpark St, Los Angeles, CA 91423
      View Details
    • $279,000
      0.17 Acres

      Land in Sherman Oaks Hills

      Vacant land with city and mountain views in Sherman Oaks.
      13388 Newcomb Dr, Sherman Oaks, CA 91423
      View Details
    • $169,900
      0.32 Acres

      Vacant Lot in Sherman Oaks

      Vacant land perfect for building a dream home.
      3573 Camino De La Cumbre, Sherman Oaks, CA 91423
      View Details
    • $3,699,000
      4,454 SF

      4742 Woodman Ave

      Individual retail properties • 4,454 SF
      4742 Woodman Ave, Los Angeles, CA 91423
      View Details
    • $199,000
      10,924.00 Acres

      Vacant Lot in Sherman Oaks

      Vacant 10,924 SF lot in prime Sherman Oaks.
      3724 N Knobhill Dr, Sherman Oaks, CA 91423
      View Details
    • $250,000
      0.80 Acres

      Los Angeles Land Opportunity

      Downslope lot in a historic Los Angeles neighborhood.
      3609 Oakfield Dr, Van Nuys, CA 91423
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,620 SF

      Ventura Blvd Executive Office Suite

      Ground floor office, 1620 sq ft, Los Angeles.
      13721 Ventura Blvd, Los Angeles, CA 91423
      View Details
    • $31 SF/Yr
      3,101 SF

      Sherman Oaks Executive Office Suites

      Premium Office Space, Flexible Layouts
      4730 Woodman Ave, Los Angeles, CA 91423
      View Details
    • $2 SF/Yr
      21 SF

      Full Floor Office Space

      7,920 SF full floor office space available for lease.
      14242 Ventura Blvd, Sherman Oaks, CA 91423
      View Details
    • $2 SF/Yr
      40,104 SF

      Sherman Oaks Office Space

      Office space available for lease in Sherman Oaks.
      4312 Woodman Ave, Sherman Oaks, CA 91423
      View Details
    • $3 SF/Yr
      3,273 SF

      Sherman Oaks Office Space

      Office space available for lease in Los Angeles.
      13721 Ventura Blvd, Sherman Oaks, CA 91423
      View Details
    • $39 SF/Yr
      10,087 SF

      Riverside Medical Office Building

      Sherman Oaks Medical Office Space Available
      13320 Riverside Dr, Los Angeles, CA 91423
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13721 Ventura Blvd
    Los Angeles, CA 91423
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!