18801 Ventura BlvdLos Angeles, CA 91356

Property Details for 18801 Ventura Blvd

Year built

1981

Lot size

1.10 AC

Property size (Sq ft)

53,922 SF

Zone code

LAC2

Property type

Office buildings

APN

2160-002-030

APU

2160002030

Description

This exceptional Class A medical office building, the Tarzana Financial Center, located at 18801 Ventura Blvd in Tarzana, CA 91356, offers a rare opportunity to lease high-quality space in Los Angeles County. The building totals 14,803 square feet and currently has 12,553 square feet available for lease, divisible into units ranging from a minimum of 2,275 square feet to a maximum contiguous space of 10,278 square feet. The property is ideally suited for medical practices or other commercial tenants seeking a prestigious address in a thriving area. The building's classification as Class A reflects its superior construction, modern amenities, and excellent condition. Ample parking is provided with a ratio of 4 spaces per 1,000 square feet. The property is designated as both Retail and Office space, with a specific subtype of Medical Office and Commercial use. Multiple tenancies are available, allowing for flexibility in lease terms and space requirements. This is a unique opportunity to secure prime commercial real estate in a highly desirable Los Angeles location. Contact us today to schedule a viewing and discuss your leasing needs.

• CAP approach

  CAP return

  Valuation

  6%

  $15,609,233

  6.5%

  $14,408,523

  7%

  $13,379,342

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,253,808

  Geo Method

  $10,253,808

• Alternative Use

  Use

  Valuation

  Residential

  $17,866,568

  Hospitality

  $16,365,680

  Educational

  $13,616,054

  Medical

  $14,084,331

  Retail

  $21,180,528

Location Insight

City

Tarzana

County

Los Angeles

State

California

Latitude

34.1721

Longitude

-118.543

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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