19000 Ventura BlvdLos Angeles, CA 91356

Property Details for 19000 Ventura Blvd

Year built

1978

Construction

TILT-UP CONCRETE

Lot size

0.69 AC

Property size (Sq ft)

13,672 SF

Zone code

LAC2

Property type

Retail properties

Property subtype

Community centers

APN

2163-021-021

APU

2163021021

Description

This prime Tarzana retail space, located at 19000 Ventura Blvd, Los Angeles, CA 91356, offers 1,000 square feet within the 13,525 square foot Rexford Plaza. The property is a single-story, Class B building with 12 suites and ample parking (39 spaces). The building underwent extensive renovations in 2023, including a new roof, HVAC units, updated facade, and pylon signage. The space is part of a thriving shopping center featuring a diverse mix of restaurants, local retailers, and health/beauty service providers. The minimum divisible space is 1,000 square feet, with a maximum contiguous space also at 1,000 square feet. The property is zoned C2 and situated in the Tarzana submarket, conveniently located near Encino and Woodland Hills. Cross street access is available via Donna Avenue. Elevators are not available. This is an excellent opportunity for a business seeking a well-maintained space in a high-traffic area. The property boasts a strong tenant mix and benefits from recent upgrades, ensuring a modern and attractive retail environment. Currently, 1,000 square feet of space is available.

• CAP approach

  CAP return

  Valuation

  6%

  $5,817,882

  6.5%

  $5,370,353

  7%

  $4,986,756

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,551,666

  Geo Method

  $6,551,666

• Alternative Use

  Use

  Valuation

  Residential

  $4,530,094

  Hospitality

  $4,149,542

  Educational

  $3,452,370

  Medical

  $3,571,102

  Retail

  $5,370,353

Location Insight

City

Tarzana

County

Los Angeles

State

California

Latitude

34.1722

Longitude

-118.548

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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