16861 Ventura Blvd Los Angeles, CA 91436
- Office Properties & Spaces
- 34,879 SF
- 0.40 lot acres
Current Use by Public Records
- Office Properties & Spaces
Property Details for 16861 Ventura Blvd
- Year built
- 1984
- Lot size
- 0.40 lot acres
- Property size
- 34,879 SF
- Property type
- Office Properties & Spaces
- Property subtype
- Medical offices
Description
This exceptional Class A, three-story medical office building in Encino, CA, offers 34,879 square feet of space, including 10,063 square feet of currently available ground floor space ideal for owner-occupancy. The property boasts 21 units ranging from 342 to 10,063 square feet, catering to a mix of general and medical tenants. Recently renovated, it features a new HVAC system, dual elevators, and updated common areas. The building includes 99 parking spaces in a two-level subterranean garage and sits on a 0.4-acre lot at a signalized intersection with excellent visibility and signage on Ventura and Balboa Boulevards. Located in Encino's prime business district, it benefits from high foot and vehicle traffic, proximity to major amenities including the Encino Commons, Campbellsville University, Equinox, and several medical centers. The property's zoning is LAC2-1VL & LAC4-1VL, and it was built in 1984. This presents a unique owner-user or investment opportunity in a thriving location with strong potential for growth and return. The building also includes two cell towers.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.501
- Latitude
- 34.1595
