310-926-5181
19100 Ventura Blvd, Tarzana, CA for Sale
Storefront Retail/Office - FOR SALE
1/52
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19100 Ventura Blvd
Tarzana, CA 91356


OVERVIEW

Available for the first time in nearly 20 years, Antigua Square offers a unique chance to own a high-profile asset on a main thoroughfare in one of the San Fernando Valley's most coveted and affluent neighborhoods. Kidder Mathews is pleased to present an extraordinary investment opportunity at 19100 Ventura Boulevard, a 33,614 rentable square-feet*, mixed-use retail, restaurant, and office/medical building situated on a total of 1.44 acres of land in prime Tarzana, CA. The property consists of two separate parcels: the retail center is positioned on 32,442 square feet of land, while the adjacent parking lot on Vanalden Avenue totals 30,383 square feet. Additionally, the adjacent parking lot on Vanalden Ave presents potential to increase income by charging nearby employees and monthly parkers a parking fee, creating thousands in monthly profit. Anchored by a long-standing IHOP tenant that has been operating at the Property since 2004, 19100 Ventura presents a strong foundation for continued growth. Built in 1988, this well-maintained, two-story building offers significant upside potential, with current occupancy at 76% across a mix of ground-floor retail and second-floor medical/office spaces. Strategically positioned along the highly trafficked Ventura Boulevard, the property boasts unbeatable visibility, surrounded by a dynamic mix of businesses, restaurants, shops, and amenities, all within a walkable area. It benefits from an impressive average daily traffic count of over 52,000 vehicles per day on Ventura Boulevard, with an additional 300,000 vehicles per day on the nearby 101 Freeway. Furthermore, the property is only minutes from the 101 and 405 Freeways, ensuring unparalleled connectivity to the entire Los Angeles region. Antigua Square is a rare opportunity to acquire a trophy asset in one of Los Angeles’ most sought-after locations, providing immediate cash flow, strong demographics, and tremendous upside potential in an irreplaceable submarket. - GENERATIONAL INVESTMENT OPPORTUNITY: Rare opportunity to acquire a ±33,614 rentable SF mixed-use retail, restaurant, and office/medical building & a total of 1.44 AC of land in the highly sought-after, affluent Tarzana submarket. - STRONG CASH FLOW & UPSIDE POTENTIAL: Current occupancy at 76%, anchored by a stable, long-term tenant (IHOP), with significant upside potential through lease-up of vacant spaces. - RARE OFFERING: Available for the first time in nearly 20 years, this property offers a rare chance to acquire a trophy asset with significant upside in one of Los Angeles' most desirable submarkets. - OWNER-USER POTENTIAL: Ideal for an owner-user to occupy a portion of the space while benefiting from the property's strong cash flow. - ADDITIONAL PARKING INCOME POTENTIAL: Includes an adjacent 30,383 SF lot on Vanalden Ave for added value. Currently, monthly parkers and nearby employees park for free. With a single access point, installing parking equipment can transform this lot into an income-generating asset, creating thousands in monthly profit. - EXCELLENT VISIBILIT Y & SIGNAGE: 215 feet of frontage along the highly trafficked Ventura Boulevard, benefiting from over 52,000 vehicles per day on the Boulevard and 300,000 vehicles on the nearby 101 Freeway. - HIGH DEMAND SUBMARKET: Located in a thriving retail and office submarket, ensuring sustained demand and long-term value. - POTENTIAL TO ADD RENTABLE SF: Under the new BOMA standard, the property can be remeasured, increasing the building rentable SF to unlock value for the new owner. - CONVENIENT ACCESS: Prime location with immediate access to the 101 Freeway and just minutes from the 405 Freeway, providing superior connectivity throughout the Los Angeles region. - AMENITY RICH AREA: Surrounded by a variety of nearby businesses, restaurants, shops, and amenities.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

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% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Antigua Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

130

LAND DETAILS

LAND ACRES

1.44 AC

LAND SF

62,726 SF

ZONING

LAC2

APN/PARCEL ID

2163-021-006,2163-021-008

ASK ABOUT THIS PROPERTY

Janet NemanKidder MathewsMore Info
310-926-5181

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Janet NemanKidder MathewsMore Info
310-926-5181

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