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EXECUTIVE SUMMARY
Berkshire Hathaway is proud to represent 18066 Ventura Boulevard in the city of Encino, California.
This 4200 square feet property with a lot size of, 14,403 offers high visibility and great accessibility, making it ideal for investors to own this property with it's current use/income, or making it ideal for a prime development opportunity for a medial- retail expansion. Medial use approved. Plus LADBS plans.
The current property features a spacious main floor and a second floor office area, with ample parking for all customers. Additionally, it offers 4 bays that are being currently used for automotive services. Please review the attached brochure for medical conversion.
This 4200 square feet property with a lot size of, 14,403 offers high visibility and great accessibility, making it ideal for investors to own this property with it's current use/income, or making it ideal for a prime development opportunity for a medial- retail expansion. Medial use approved. Plus LADBS plans.
The current property features a spacious main floor and a second floor office area, with ample parking for all customers. Additionally, it offers 4 bays that are being currently used for automotive services. Please review the attached brochure for medical conversion.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
4,204 SF
Building Class
B
Year Built
1977
Price
$4,795,000
Price Per SF
$1,140.58
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.33 AC
Zoning
LAC4 - Heavy Commercial
Parking
30 Spaces (7.14 Spaces per 1,000 SF Leased)
Frontage
117’ on Ventura Blvd
AMENITIES
- 24 Hour Access
- Pylon Sign
- Signage
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2181-001-031 | Improvements Assessment | $760,000 |
| Land Assessment | $2,540,000 | Total Assessment | $3,300,000 |
PROPERTY TAXES
Parcel Number
2181-001-031
Land Assessment
$2,540,000
Improvements Assessment
$760,000
Total Assessment
$3,300,000
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18066 Ventura Blvd
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