For Sale
$4,995,000

21326 Ventura BlvdLos Angeles, CA 91364

Prime Ventura Blvd location, vacant, 5,850 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 5,850-square-foot retail property, situated on a substantial 22,651-square-foot lot at 21326 Ventura Boulevard in Los Angeles, CA 91364, presents a remarkable owner-user opportunity. Built in 1965 and renovated in 2012, this vacant property offers immense potential for a variety of uses, including bars, restaurants, and storefronts. Its prime location on Ventura Boulevard in the heart of Woodland Hills ensures high visibility and accessibility, benefiting from substantial foot and vehicle traffic. The property boasts ample parking, exceeding typical ratios for the area, with over 50 spaces available. Woodland Hills' robust economy, characterized by high median income and strong consumer spending, makes this a highly desirable location. The property's favorable zoning allows for potential redevelopment, subject to necessary approvals, further enhancing its value. With low vacancy rates and high demand for commercial space in the area, this property represents a compelling investment opportunity in a thriving and growing community. Excellent accessibility to major highways and public transportation adds to its appeal. The asking price is $4,995,000, with a price per square foot of $853.85. The property's APN is 2167-002-003.

Highlights

  • High-visibility Ventura Boulevard location in the San Fernando Valley.
  • Versatile space suitable for retail, restaurants, or single-tenant office uses.
  • Ample parking with over 50 spaces, exceeding area standards.
  • Strong Woodland Hills location with high income and consumer traffic.
  • Redevelopment potential with favorable zoning (subject to approvals).
  • High demand area with low vacancy rates.

Property Details for 21326 Ventura Blvd

Property type
Retail properties, Restaurants
Square Feet
5,850 SF
Year Built/Renovated
1965/2012
Buildings
1

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.167636795348
Longitude
-118.59664011235
21326 Ventura Blvd, Los Angeles, California

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21326 Ventura Blvd
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