14423 Ventura Blvd Los Angeles, CA 91423
- Retail properties
- 49,598 SF
- 0.70 lot acres
Current Use by Public Records
- Retail properties
Property Details for 14423 Ventura Blvd
- Year built
- 1980
- Lot size
- 0.70 lot acres
- Property size
- 49,598 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
Sherman Oaks Plaza, a two-story, 49,598 square foot retail center, presents a unique investment opportunity. Located on Ventura Boulevard at the high-traffic intersection of Van Nuys Boulevard, this property boasts exceptional visibility and accessibility. The 0.7-acre lot features 92 parking spaces, a rare advantage in this location. Built in 1980, the center benefits from its strategic position near the 101 Freeway and Westfield Fashion Square, placing it within a thriving retail and dining hub. The property enjoys strong co-tenancy with established businesses such as Gelson's, Whole Foods, Best Buy, Ulta, and In-N-Out Burger. The surrounding area demonstrates robust demographics, with an average household income exceeding $122,000 and a population of over 172,000 within a three-mile radius. The site's zoning is C4-1L, and the Los Angeles County APN is 2265-014-013. Van Nuys Boulevard, a major artery to the 101 Freeway (carrying over 300,000 vehicles daily), provides excellent freeway access. The property also offers a rare opportunity for surface parking and pylon signage, enhancing visibility and attracting customers. This multi-tenant property is ideal for investors seeking a high-traffic, well-located retail investment in a thriving market. The property is zoned for retail and restaurant uses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Los Angeles
- County
- Los Angeles
- State
- California
- Longitude
- -118.447
- Latitude
- 34.1509
