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Mixed-Use

19301 Ventura Blvd

19301 Ventura Blvd, Tarzana, CA 91356

Listing Price: $3,900,000

Cap Rate
1.40%
Gross SF
10,185
Rentable SF
10,185
Price/Gross SF
$382.92
Lot Size
0.18 acres
Year Built
1981

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present 19301 Ventura Blvd, a freeway adjacent, 10,185 square foot office and retail property located in Tarzana, California. An irreplaceable location with premium visibility along the 101 Freeway, Ventura Blvd, and the signalized intersection at Tampa Ave, 19301 Ventura Blvd provides unmatched building identity in the sought-after West San Fernando Valley. The property also benefits from numerous walkable amenities, easy freeway access, affluent demographics, and numerous executive housing options. The property provides a rare and highly attractive owner user opportunity. The second floor, consisting of approximately 7,206 SF, is currently occupied by four tenants on a month-to-month basis, allowing for flexible and near term occupancy options for the buyer. The entire ground floor is leased to a single tenant on a net lease basis until 2024, providing stable income to off-set the buyer's occupancy cost while allowing for future expansion options for the new owner. The property is offered at $3,900,000 on a fee simple basis, free and clear of existing debt.

Investment Highlights

  • Rare Ventura Blvd Owner User Opportunity
  • Premium Building Identity to Over 300,000 Cars Per Day
  • Recently Renovated, Highly Attractive Building
  • Dense Walkable Amenity Base

Exclusively Listed By

Listing Price: $3,900,000

Cap Rate
1.40%
Gross SF
10,185
Rentable SF
10,185
Price/Gross SF
$382.92
Lot Size
0.18 acres
Year Built
1981

Investment Highlights

  • Rare Ventura Blvd Owner User Opportunity
  • Premium Building Identity to Over 300,000 Cars Per Day
  • Recently Renovated, Highly Attractive Building
  • Dense Walkable Amenity Base

Investment Overview

Marcus & Millichap, as exclusive advisor, is pleased to present 19301 Ventura Blvd, a freeway adjacent, 10,185 square foot office and retail property located in Tarzana, California. An irreplaceable location with premium visibility along the 101 Freeway, Ventura Blvd, and the signalized intersection at Tampa Ave, 19301 Ventura Blvd provides unmatched building identity in the sought-after West San Fernando Valley. The property also benefits from numerous walkable amenities, easy freeway access, affluent demographics, and numerous executive housing options. The property provides a rare and highly attractive owner user opportunity. The second floor, consisting of approximately 7,206 SF, is currently occupied by four tenants on a month-to-month basis, allowing for flexible and near term occupancy options for the buyer. The entire ground floor is leased to a single tenant on a net lease basis until 2024, providing stable income to off-set the buyer's occupancy cost while allowing for future expansion options for the new owner. The property is offered at $3,900,000 on a fee simple basis, free and clear of existing debt.

Exclusively Listed By

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