14423 Ventura BlvdLos Angeles, CA 91423

Property Details for 14423 Ventura Blvd

Year built

1980

Lot size

0.70 AC

Property size (Sq ft)

49,598 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

Sherman Oaks Plaza, a two-story, 49,598 square foot retail center, presents a unique investment opportunity. Located on Ventura Boulevard at the high-traffic intersection of Van Nuys Boulevard, this property boasts exceptional visibility and accessibility. The 0.7-acre lot features 92 parking spaces, a rare advantage in this location. Built in 1980, the center benefits from its strategic position near the 101 Freeway and Westfield Fashion Square, placing it within a thriving retail and dining hub. The property enjoys strong co-tenancy with established businesses such as Gelson's, Whole Foods, Best Buy, Ulta, and In-N-Out Burger. The surrounding area demonstrates robust demographics, with an average household income exceeding $122,000 and a population of over 172,000 within a three-mile radius. The site's zoning is C4-1L, and the Los Angeles County APN is 2265-014-013. Van Nuys Boulevard, a major artery to the 101 Freeway (carrying over 300,000 vehicles daily), provides excellent freeway access. The property also offers a rare opportunity for surface parking and pylon signage, enhancing visibility and attracting customers. This multi-tenant property is ideal for investors seeking a high-traffic, well-located retail investment in a thriving market. The property is zoned for retail and restaurant uses.

Location Insight

City

Los Angeles

County

Los Angeles

State

California

Latitude

34.1509

Longitude

-118.447

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