18801 Ventura BlvdLos Angeles, CA 91356

  • Office properties
  • 53,922 SF
For Lease
$28.20/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
18801 Ventura Blvd, Los Angeles, California

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$110,460
$4,582,753
$4,060,754
$8,643,507
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FAQs

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