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Mixed-Use Retail and Office for Sale 19709 Ventura Blvd 5,818 SF 41% Leased Office Building Woodland Hills, CA 91364 $3,254,538 CAD ($559.39 CAD/SF) 1.90% Cap Rate

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INVESTMENT HIGHLIGHTS

  • The ground floor retail is made up of four (4) retail units, one separate unit in the rear, and five (5) second floor office units totaling 5,818 SF
  • The current tenancy is on short term leases with an average term remaining of 0.28 years with the longest lease expiring in 4/30/2025
  • Ideally positioned one parcel west of the NW signalized corner of Corbin Avenue and Ventura Boulevard
  • The property is 41.12% occupied generating $6,533.00 per month or $3.01/SF on gross leases
  • Short-term leases create an immediate value-add opportunity or ability for an owner-user to occupy a portion or all of the property for their own use
  • Approximately 50 feet of linear frontage along Ventura Boulevard

EXECUTIVE SUMMARY

illi Commercial Real Estate is pleased to present 19709 Ventura Boulevard, a 5,818-square-foot mixed-use retail and office property situated on 0.15 acres of land (6,603 SF) in the affluent West San Fernando Valley submarket of Woodland Hills, CA.19709 Ventura Boulevard is currently 41.12% occupied by a mix of ground-floor retail tenants and second-floor office tenants.
The ground floor is made up of four (4) retail units and one additional unit in a separate structure in the rear totaling 3,091 square feet (an average 618 square foot per unit). On average, the ground floor tenants are paying $3.08/ SF per month (or $5,122.00 monthly) on gross leases. The ground floor tenants are on short-term leases, with an average remaining lease term of 0.24 years, with the longest lease expiring on 4/30/2025.
The subject property benefits from excellent visibility and frontage, ideally located one parcel west of the NW signalized corner of Corbin Ave & Ventura Blvd, with approximately 50 feet of linear frontage along Ventura Boulevard. The property is served by 8 surface parking spaces, a parking ratio of 1.38 spaces per 1,000 SF, accessible via an alley in the rear.

DATA ROOM Click Here to Access

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
5,818 SF
Building Class
B
Year Built
1960
Price
$3,254,538 CAD
Price Per SF
$559.39 CAD
Cap Rate
1.90%
NOI
$61,836 CAD
Percent Leased
41%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,909 SF
Slab To Slab
11’
Building FAR
0.83
Lot Size
0.16 AC
Zoning
C1-1VLD - Commercial
Parking
8 Spaces (1.38 Spaces per 1,000 SF Leased)

AMENITIES

  • Energy Star Labeled

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 2nd Fl-Ste 103
  • 1,429 SF
  • Retail
  • Partial Build-Out
  • Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

  • 2nd Fl-Ste 105
  • 236 SF
  • Retail
  • Partial Build-Out
  • Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

  • 2nd Fl-Ste 204
  • 576 SF
  • Office
  • Partial Build-Out
  • Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

  • 2nd Fl-Ste 205
  • 473 SF
  • Retail
  • Partial Build-Out
  • Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

Space Size Space Use Condition Available
2nd Fl-Ste 103 1,429 SF Retail Partial Build-Out Now
2nd Fl-Ste 105 236 SF Retail Partial Build-Out Now
2nd Fl-Ste 204 576 SF Office Partial Build-Out Now
2nd Fl-Ste 205 473 SF Retail Partial Build-Out Now

2nd Fl-Ste 103

Size
1,429 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 105

Size
236 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 204

Size
576 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 205

Size
473 SF
Space Use
Retail
Condition
Partial Build-Out
Available
Now

2nd Fl-Ste 103

Size 1,429 SF
Space Use Retail
Condition Partial Build-Out
Available Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

2nd Fl-Ste 105

Size 236 SF
Space Use Retail
Condition Partial Build-Out
Available Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

2nd Fl-Ste 204

Size 576 SF
Space Use Office
Condition Partial Build-Out
Available Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

2nd Fl-Ste 205

Size 473 SF
Space Use Retail
Condition Partial Build-Out
Available Now

This ±5,818 Sf mixed-use retail and office property offers exceptional visibility and prominent frontage in the heart of an affluent, high-demand submarket. Ideally positioned adjacent to the Warner Center and surrounded by major anchors, including Pierce College, Westfield Topanga & The Village, Kaiser Permanente, and the Orange Line Busway Tampa Station. The location benefits from strong demographics and consistent traffic. The ground floor features four retail units (with potential to be reconfigured into up to six units) plus an additional rear structure, totaling ±3,091 Sf with an average unit size of 618 SF Please contact the listing brokers directly for current rate information.

Walk Score®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2164-012-003
Land Assessment
$693,989 CAD
Improvements Assessment
$1,474,735 CAD
Total Assessment
$2,168,724 CAD
  • Listing ID: 37884864

  • Date on Market: 2024-10-28

  • Last Updated:

  • Address: 19709 Ventura Blvd, Woodland Hills, CA 91364

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