18321 Ventura BlvdLos Angeles, CA 91356

Property Details for 18321 Ventura Blvd

Year built

1974

Construction

STEEL FRAME

Lot size

1.19 AC

Property size (Sq ft)

87,966 SF

Zone code

LAC2

Property type

Office properties

Property subtype

Office buildings

APN

2160-009-005

APU

2160009005

Description

Tarzana Tower, a Class A office building located at 18321 Ventura Blvd, Los Angeles, CA 91356, offers exceptional executive and medical office space for lease. This Los Angeles County property boasts a total of 39,877 square feet, spread across five suites. Currently, there are 18,251 square feet of vacant space available, offering flexibility for businesses of various sizes. The building allows for multiple tenancies, with spaces ranging from a minimum of 1,142 square feet to a maximum contiguous space of 8,670 square feet. This prime location provides easy access to major transportation routes and amenities. The building is categorized as both Executive Office and Medical Office space, making it suitable for a wide range of professional uses. The property's Class A designation reflects its high-quality construction, modern amenities, and desirable location. Interested parties are encouraged to inquire about the available spaces and lease terms. This is an excellent opportunity to secure a prominent presence in a thriving Los Angeles business district. The building is situated in Los Angeles County and offers a variety of suite sizes to accommodate diverse business needs. Contact us to learn more about leasing opportunities within this impressive building.

• CAP approach

  CAP return

  Valuation

  6%

  $25,464,222

  6.5%

  $23,505,436

  7%

  $21,826,476

• Comparable approach

  Method

  Valuation

  Relative Method

  $16,727,615

  Geo Method

  $16,727,615

• Alternative Use

  Use

  Valuation

  Residential

  $29,146,740

  Hospitality

  $26,698,258

  Educational

  $22,212,636

  Medical

  $22,976,564

  Retail

  $34,552,992

Location Insight

City

Tarzana

County

Los Angeles

State

California

Latitude

34.1678

Longitude

-118.531

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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