For Sale
Request a price

16861 Ventura Blvd Los Angeles, CA 91436

Class A Medical Office, Owner/User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional Class A, three-story medical office building in Encino, CA, offers 34,879 square feet of space, including 10,063 square feet of currently available ground floor space ideal for owner-occupancy. The property boasts 21 units ranging from 342 to 10,063 square feet, catering to a mix of general and medical tenants. Recently renovated, it features a new HVAC system, dual elevators, and updated common areas. The building includes 99 parking spaces in a two-level subterranean garage and sits on a 0.4-acre lot at a signalized intersection with excellent visibility and signage on Ventura and Balboa Boulevards. Located in Encino's prime business district, it benefits from high foot and vehicle traffic, proximity to major amenities including the Encino Commons, Campbellsville University, Equinox, and several medical centers. The property's zoning is LAC2-1VL & LAC4-1VL, and it was built in 1984. This presents a unique owner-user or investment opportunity in a thriving location with strong potential for growth and return. The building also includes two cell towers.

Highlights

  • Class A, three-story medical office building totaling 34,879 square feet in Encino, CA.
  • 10,063 square feet of ground floor space available, ideal for owner-occupancy.
  • 21 units ranging from 342 to 10,063 square feet, suitable for various medical and general tenants.
  • Recently renovated with new HVAC, dual elevators, and updated common areas.
  • 99 parking spaces in a two-level subterranean garage on a 0.4-acre lot at a signalized intersection with excellent visibility on Ventura and Balboa Boulevards.
  • Located in Encino's prime business district, near major amenities and with high traffic.

Property Details for 16861 Ventura Blvd

Property type
Office properties, Medical offices
Square Feet
34,879 SF
Class
A
Year Built
1984
Stories
3
Lot Size (sq. ft)
17,424 SF
Units
21

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.1595139
Longitude
-118.5008219

FAQs

What type of property is this?
Office property - Class A Medical Office, Owner/User Opportunity
Where is the office property located?
The property is located at 16861 Ventura Blvd Los Angeles, CA.
What are key features of this property?
This property features: Class A, three-story medical office building totaling 34,879 square feet in Encino, CA.; 10,063 square feet of ground floor space available, ideal for owner-occupancy.; 21 units ranging from 342 to 10,063 square feet, suitable for various medical and general tenants.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
16861 Ventura Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message