19621-19623 1/2 Ventura Blvd 4,944 SF Vacant Office Building Tarzana, CA 91356 $4,086,134 CAD ($826.48 CAD/SF)

EXTREMELY RARE VENTURA BLVD MIXED-USE OWNER-USER / INVESTMENT OPPORTUNITY! First time offered for sale in approximately 55 years. Held by the same ownership since 1971, this unique Tarzana property presents an exceptional opportunity along one of the San Fernando Valley's most established and highly traveled commercial corridors.
The approximately 4,944 SF mixed-use building features three ground floor commercial storefronts totaling approximately 3,444 SF, plus an approximately 1,500 SF upstairs 2 bedroom, 1 bath residential unit. The individual commercial spaces are approximately 1,110 SF / 1,167 SF and 1,167 SF, providing excellent flexibility for an owner user, investor, or combination of both.
Approximately 50 feet of direct Ventura Blvd frontage provides excellent visibility and exposure. Each of the three ground-floor commercial units features both front and rear access, with storefront entrances along Ventura Blvd and separate rear access directly into the gated parking area. The secure gated rear lot includes approximately 7 striped parking spaces, providing convenient access for owners, tenants, employees, customers and deliveries.
Two of the commercial suites are currently connected by an interior doorway, providing additional flexibility for an owner-user to utilize a larger combined space or potentially operate the suites separately. One commercial unit also features a substantial walk-in vault, a unique improvement that may be valuable for certain retail, office or specialty users.
The upstairs approximately 1,500 SF residential unit offers 2 bedrooms and 1 bathroom with a separate exterior stairway entrance and outdoor patio/deck area. This creates additional flexibility for rental income, owner use, employee housing or other uses permitted by applicable governmental authorities.
The property is currently identified as LAC2 zoning and may accommodate a variety of commercial uses, potentially including retail, professional office, service and other commercial uses, subject to buyer verification and City approval.
Numerous improvements and updates have been completed throughout the property in the last year, including electrical, plumbing, HVAC-related work, flooring, painting, lighting, asphalt, security improvements and other interior and exterior improvements.
The property's combination of approximately 50 feet of Ventura Blvd frontage, three commercial storefronts, front and rear access to each commercial unit, upstairs residential component, secure gated rear parking, flexible occupancy and long-term ownership creates a compelling opportunity for an owner-user, investor or buyer seeking a value-add mixed-use asset in Tarzana.
All building and lot square footage, unit sizes, dimensions, zoning, permitted uses, parking counts, improvements and other property information are approximate or obtained from sources believed to be reliable but have not been independently verified by Seller or Brokers/Agents. Buyer is advised to independently investigate and verify all information, including but not limited to square footage, lot size, zoning, permitted uses, occupancy, parking, permits and development potential with the appropriate professionals and governmental authorities.