19634 Ventura BlvdTarzana, CA 91356

Property Details for 19634 Ventura Blvd

Year built

1980

Construction

CONCRETE

Lot size

0.25 AC

Property size (Sq ft)

23,828 SF

Zone code

LAC2

Property type

Office properties

Property subtype

Office buildings

APN

2164-014-020

APU

2164014020

Description

This exceptional opportunity presents the acquisition of a well-established dental practice in the vibrant Tarzana, CA market. Boasting 22 years of consistent operation and a loyal patient base, this turnkey business is ready for immediate success. The sale includes all necessary equipment for seamless transition, ensuring a smooth and efficient start for the new owner. The expansive 34,783 square foot space is situated on a 0.52-acre lot, providing ample room for operations and potential expansion. High-quality equipment is included in the sale, featuring five brand new dental chairs, a Stern Weber S200 unit, a Prexion CT Scan, an Iteros digital scanner, a Kodak digital x-ray sensor, an Endo rotary handpiece centrifuge, a Gendex x-ray machine, a Bell mount x-ray machine, one autoclave, nine 42-inch televisions, six computers, five piezo machines, one surgical piezo unit, two compressors, and two vacuum systems. The practice utilizes Dentrix dental software, streamlining administrative tasks and enhancing operational efficiency. This is a rare chance to acquire a profitable, established dental practice with significant growth potential in a desirable location. The asking price for this turnkey operation is $450,000. This represents a significant opportunity for a dentist seeking an established practice or an investor looking for a high-return investment in the healthcare sector. The property's size and equipment inventory offer considerable flexibility and scalability for future expansion and service offerings.

• CAP approach

  CAP return

  Valuation

  6%

  $6,897,682

  6.5%

  $6,367,091

  7%

  $5,912,298

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,531,132

  Geo Method

  $4,531,132

• Alternative Use

  Use

  Valuation

  Residential

  $7,895,192

  Hospitality

  $7,231,954

  Educational

  $6,016,901

  Medical

  $6,223,832

  Retail

  $9,359,624

Location Insight

City

Tarzana

County

Los Angeles

State

California

Latitude

34.1724

Longitude

-118.561

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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