17007 Ventura Blvd Los Angeles, CA 91316
This exceptional Encino storefront, located at 17007-17015 Ventura Blvd, offers 7,369 square feet of retail space on a substantial 11,200 square foot lot. Built in 1948 and renovated in 2014, this two-story building boasts a prime location in a thriving commercial area, surrounded by popular retailers such as Gelson's, Amazon Fresh, Michaels, and CVS. The property's C4-1VL zoning in Los Angeles County (APN 2258-013-002) allows for a variety of uses, making it ideal for investment, owner-user occupancy, or redevelopment. With excellent visibility and ample parking, this property presents a unique opportunity to capitalize on the area's substantial growth. The asking price is $4,990,000, translating to $677.16 per square foot. The property can be delivered mostly vacant, providing immediate occupancy potential. This is a rare chance to acquire a well-positioned retail asset in a high-demand Los Angeles market. Don't miss this chance to secure a property with significant upside potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.