18934 Ventura Blvd Tarzana, CA 91356
- Retail space
- 8,960 SF
- 0.43 lot acres
Current Use by Public Records
- Dedrick Heating And Gas / Gas Engineer
Property Details for 18934 Ventura Blvd
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.43 lot acres
- Property size
- 8,960 SF
- Zone code
- LAC2
- Property type
- Retail space
- APN
- 2161-001-037
- APU
- 2161001037
Description
This exceptional retail property, located at 18934 Ventura Boulevard in Los Angeles, California, presents a unique leasing opportunity. The single-tenant space boasts a generous 3,080 square feet, situated on a sizable 0.43-acre lot (18,697 square feet). Built in 1963, the building is currently vacant and ready for immediate occupancy. The property's zoning is designated as LAC2, offering flexibility for a variety of retail uses. Its convenient location in Los Angeles County, zip code 91356, provides excellent visibility and accessibility for customers. The property's ample square footage and prominent Ventura Boulevard address make it an ideal location for businesses seeking high foot traffic and strong brand exposure. The property's parcel number (APN) is 2161-001-037. This is a rare chance to secure a well-positioned retail space in a thriving Los Angeles market. The entire building is available for lease. Interested parties should inquire for further details and leasing terms.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $5,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,645,000
- 6.5%
- $5,315,000
- 7%
- $4,740,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $5,675,000
- Geo Method
- $5,100,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $5,940,000
- Retail
- $5,685,000
- Mixed-Use
- $5,295,000
- Hospitality
- $5,560,000
- Educational
- $4,990,000
- Residential Income
- $5,760,000
- Energy
- $4,625,000
- Income-Based Land
- $6,270,000
- Food Service
- $5,475,000
Location Insight
- Map
- Local Demand
- City
- Tarzana
- County
- Los Angeles
- State
- California
- Longitude
- -118.546
- Latitude
- 34.1722
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA