18034-36 Ventura Boulevard
Encino, CA
Retail for Sale - $1,400,000 - 2,400 Sq. Ft. on 0.11 acres
Agent Info
| Richard Paley Paley Commercial Real Estate, Inc. |
Property Info
| CIMLS# | 1174327 |
| Location 18034-36 Ventura Boulevard Encino CA 91316 | |
| Updated | April 7th, 2025 |
| Type | Retail |
| Price | $1,400,000 |
| Building | 2,400 Sq. Ft. |
| Land | 0.11 acres |
Property Description
This sale offers a rare opportunity to purchase a versatile retail property on prime Ventura Boulevard!!! Investor or Owner-User opportunity as one lease is on a month to month basis.
Financials
Unit # Tenant SqFt Rent Rent PSF Term
18034 Mail Box 800’ $2,300.00 $2.86 3/31/2026*
18034 ½ Salon 800’ $2,375.00 $2.97 10/31/2027*
18036 Law Office 800’ $2,200.00 $2.75 Mo-Mo*
2,400’** $6,875.00
$6,875.00 monthly
$82,500.00 annually
Expenses:
Taxes @ $1.4mil $17,500.00
Insurance $1,608.00
$19,108.00
Net Income: $63,392.00 @ 4.5% cap rate
Price: $1,400,000.00
