Office Vacant-User

19451 Ventura Blvd

19451 Ventura Blvd, Los Angeles, CA 91356

Listing Price: $1,795,000

Gross SF
2,209
Rentable SF
2,209
Price/Gross SF
$812.58
Lot Size
0.14 acres
Year Built
1946

Investment Overview

Marcus & Millichap is pleased to present 19451 Ventura Blvd, a rare, fully permitted, Catering and Food Vehicle Commissary located on the famed Ventura Boulevard in Tarzana, CA (Los Angeles County). The subject property consists of an approximate 2,209-square-foot commercial kitchen with supporting office/storage space situated on a 0.14-acre LAC2 zoned parcel. The kitchen is equipped with walk-in coolers, freezers, compartment sinks, ovens, burners, washer/dryer, and much more (see page 11 for a completed list of equipment included). The rear portion of the lot has been poured with concrete and is set up with six food truck stations fully approved with hook-ups to water, power, air, and grease traps. The property has valid Health Permits from the County of Los Angeles for both the food vehicle commissary & the catering and has a current Food Inspection Rating of A.

Located just west of the intersection of Ventura and Tampa, this building is ideally located on the primary East/West thoroughfare of the San Fernando Valley. With a traffic volume of over 45,000 cars per day and 50 feet of frontage on Ventura Blvd, 19451 Ventura Blvd benefits from good exposure and has the distinct advantage of being conveniently located in a dense commercial neighborhood. With easy access to the 101 Freeway, food trucks can efficiently reach their targeted locations. The property is also located within 3-miles of the Warner Center which is quickly becoming the central business district of the valley and is anticipated to add more than 80,000 new jobs in the area by 2035.

In todays new environment, the food industry is looking to adjust its focus from a more in-person and live experience, to a less personable and more pandemic safe environment. A commercial kitchen is the perfect opportunity to shift an operators business strategy and adapt to the times of today. The building will be sold with all necessary equipment to help materially reduce the amount of capital a new owner would need to invest. In addition, the property holds a double-sided billboard with considerable under market rent, allowing for a new buyer to renegotiate the lease and offset the cost of ownership. Furthermore, an owner/user can take advantage of historically low rates and attractive financing with only 10% down using an SBA loan.

Investment Highlights

  • County of Los Angeles Public Health Permits for Catering and Food Vehicle Commissary
  • Gated, Secure Concrete Lot with Six Food Truck Stations Fully Approved with Hook-Ups
  • Double Sided Billboard on a Shorter Term Lease (8/15/2022)
  • Easy Access to the 101 Freeway
  • Close Proximity to Multiple Public Transportation
  • Fully Built-Out Commercial Kitchen with Equipment Included

Exclusively Listed By

Listing Price: $1,795,000

Gross SF
2,209
Rentable SF
2,209
Price/Gross SF
$812.58
Lot Size
0.14 acres
Year Built
1946

Investment Highlights

  • County of Los Angeles Public Health Permits for Catering and Food Vehicle Commissary
  • Gated, Secure Concrete Lot with Six Food Truck Stations Fully Approved with Hook-Ups
  • Double Sided Billboard on a Shorter Term Lease (8/15/2022)
  • Easy Access to the 101 Freeway
  • Close Proximity to Multiple Public Transportation
  • Fully Built-Out Commercial Kitchen with Equipment Included

Investment Overview

Marcus & Millichap is pleased to present 19451 Ventura Blvd, a rare, fully permitted, Catering and Food Vehicle Commissary located on the famed Ventura Boulevard in Tarzana, CA (Los Angeles County). The subject property consists of an approximate 2,209-square-foot commercial kitchen with supporting office/storage space situated on a 0.14-acre LAC2 zoned parcel. The kitchen is equipped with walk-in coolers, freezers, compartment sinks, ovens, burners, washer/dryer, and much more (see page 11 for a completed list of equipment included). The rear portion of the lot has been poured with concrete and is set up with six food truck stations fully approved with hook-ups to water, power, air, and grease traps. The property has valid Health Permits from the County of Los Angeles for both the food vehicle commissary & the catering and has a current Food Inspection Rating of A.

Located just west of the intersection of Ventura and Tampa, this building is ideally located on the primary East/West thoroughfare of the San Fernando Valley. With a traffic volume of over 45,000 cars per day and 50 feet of frontage on Ventura Blvd, 19451 Ventura Blvd benefits from good exposure and has the distinct advantage of being conveniently located in a dense commercial neighborhood. With easy access to the 101 Freeway, food trucks can efficiently reach their targeted locations. The property is also located within 3-miles of the Warner Center which is quickly becoming the central business district of the valley and is anticipated to add more than 80,000 new jobs in the area by 2035.

In todays new environment, the food industry is looking to adjust its focus from a more in-person and live experience, to a less personable and more pandemic safe environment. A commercial kitchen is the perfect opportunity to shift an operators business strategy and adapt to the times of today. The building will be sold with all necessary equipment to help materially reduce the amount of capital a new owner would need to invest. In addition, the property holds a double-sided billboard with considerable under market rent, allowing for a new buyer to renegotiate the lease and offset the cost of ownership. Furthermore, an owner/user can take advantage of historically low rates and attractive financing with only 10% down using an SBA loan.

Exclusively Listed By

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