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Property profile & analytics
OFF-MARKET
Turn key restaurants

18580 Ventura Blvd Tarzana, CA 91356-4146

5,791 SF 0.11 ac lot Built 1989
Individually Owned 24-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-8341798
Property summary
AI-generated overview

This exceptional 5,791 square foot, two-story creative office building, constructed and renovated in 2018, boasts an unparalleled location on Ventura Boulevard in Tarzana, California, just one block west of Reseda Boulevard. The building's unique design features an impressive 18-foot ceiling in the open-plan area, complemented by a mezzanine/loft level ideal for management, offering a private balcony with panoramic views. Hardwood floors and abundant natural light create a bright and inviting atmosphere throughout. The property includes two decks (one with a wet bar), a waiting area with skylights, two bathrooms (one with a shower), and a fully equipped kitchen with a break area. The flexible layout offers five private offices, perfect for focused work, alongside the expansive open space, fostering collaboration and communication. The building is wired for up to 24 workstations with power and LAN connections. Its prominent location provides exceptional visibility for signage, a significant advantage considering comparable billboard advertising costs exceed $9,000 per month on Ventura Boulevard. This free-standing building, situated in Tarzana's prestigious "Safari Walk" area, offers a unique opportunity for businesses seeking a high-profile address in a desirable location. The building's design and amenities are well-suited for a variety of businesses, including but not limited to architectural firms, law offices, real estate agencies, and creative industries.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1989
Construction TILT-UP CONCRETE
Total area 5,791 SF
Lot 0.11 ac (4,828 SF)
Zoning code LAC2
APN 2161-016-003
UPID US09-8341798
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
Current use
Occupant on record · Public records
  • Kustom Wraps (Bike/Boat/Book/etc) Store Printing Service
  • Audio Gallery Inc Electronics & Wireless Store Auto Parts Store
  • Lakeland Insurance Services Financial Advisor Insurance Agency
  • Made Online Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Sarkis A Arzoumanian · 24 yrs held
Sarkis A Arzoumanian
since 2001
4 recorded transactions
2001
Price N/A
1988
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
LAC2 · Tarzana, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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