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OFF-MARKET
Retail properties & Spaces

14423 Ventura Blvd Los Angeles, CA 91423

49,598 SF 0.7 ac lot Built 1980
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1980
Total area 49,598 SF
Lot 0.7 ac (30,492 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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