818-203-5429
16861 Ventura Blvd, Encino, CA for Sale
Medical - FOR SALE
1/17
null | Request Cap Rate

16861 Ventura Blvd
Encino, CA 91436


HIGHLIGHTS

  • High-Image Class-A Office / Medical Building
  • Owner-User / Investment Opportunity
  • Prime Encino Location | Signalized Intersection | Ventura Blvd & Balboa Blvd
  • Tremendous Visibility with Top Building Signage on all four (4) sides
  • Attractive Potential Financing for Owner Users
  • Entire Ground Floor Available for Owner-User Occupancy

OVERVIEW

SPECTRUM Commercial Real Estate, Inc., as exclusive advisor, is pleased to present this Owner-User / Investment opportunity to acquire the fee simple interest in 16861 Ventura Blvd, Encino, CA 91436 The Property is comprised of approximately ±34,879 SF, 3-story multi-tenant Class-A office/medical building, complete with a 2-level subterranean parking garage. It is situated at the hard signalized intersection of Ventura Boulevard and Balboa Boulevard with tremendous visibility. The Property was recently renovated with a new HVAC system, dual elevators, and updated common areas on both the 2nd and 3rd floors. It is comprised of 19 efficiently sized suites and 2 cell towers that range between 342 – 10,063 SF with a mixture of general and medical users. The entire ground floor is available for owner-user occupancy of up to 10,063 square feet of medical/retail space. It features tremendous visibility, excellent building signage on both Ventura Blvd and Balboa Blvd, beautiful views, and heavy vehicle and foot traffic. Located in the heart of Encino's premiere business district along densely populated Ventura Boulevard, this Property is on the border of the Encino Commons, a personification of the region’s bustling business scene, corporate headquarters, retailers, shopping boutiques, entertainment, fitness centers, wellness amenities, top-rated restaurants, a vibrant weekly farmer’s market and is often referred to as the “The Valley’s Miracle Mile”. The Property stands across the Campbellsville University, Equinox, Encino Community Center, Los Encinos State Historic Park and surrounded by top rated schools, single and multi-family housing. It is within close proximity to Country Clubs, Tapia Bros Farm, Encino Hospital medical Center and a variety of other medical practices and professional services.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Investment/Owner-User Class-A Office/Medical

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Bank, Freestanding, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

A

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,424 SF

ZONING

C2

APN/PARCEL ID

2259-010-002

ASK ABOUT THIS PROPERTY

Yair HaimoffSpectrum Commercial Real Estate, Inc.More Info
818-203-5429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Yair HaimoffSpectrum Commercial Real Estate, Inc.More Info
818-203-5429

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.