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5500 Balboa Blvd
Encino, CA 91316
Office Property For Sale
Investment Highlights
- Excellent visibility and freeway access to the entire San Fernando Valley and the Westside of Los Angeles.
- The building is in excellent condition with superb tenant improvements and could be occupied immediately. Can be demised for up to two users.
- Amenity rich submarket with multiple restaurants, retailers, office, and hotels in the immediate area.
- The property 3/4 mile north of Ventura Boulevard with its restaurant and retail amenities as well as the neighborhoods of Encino an, Sherman Oaks.
- Adjacent the Ventura (101) Freeway, there is access to all major business concentrations in the San Fernando Valley and the Westside of Los Angeles
- The traffic counts on the Ventura Freeway is in excess of 300,000 cars per day.
Property Facts
Property Type
Office
Building Size
8,668 SF
Building Class
B
Year Built
2005
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,889 SF
Building FAR
1.24
Lot Size
0.16 AC
Zoning
R1, Los Angeles - The property is located within an R1 Zone in the city of Los Angles and was constructed with a variance that allowed for and office building.
Parking
15 Spaces (1.73 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Controlled Access
- Golf Course
- Security System
- Kitchen
- Storage Space
- Central Heating
- Fully Carpeted
- High Ceilings
- Direct Elevator Exposure
- Natural Light
- Plug & Play
- Recessed Lighting
- Secure Storage
- Drop Ceiling
- Wi-Fi
- Air Conditioning
Property Taxes
| Parcel Number | 2251-009-029 | Improvements Assessment | $2,653,020 |
| Land Assessment | $2,865,261 | Total Assessment | $5,518,281 |
Property Taxes
Parcel Number
2251-009-029
Land Assessment
$2,865,261
Improvements Assessment
$2,653,020
Total Assessment
$5,518,281
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