19621 Ventura BLVD, Tarzana, CA 91356
19621 Ventura BLVD, Tarzana, CA 91356
19621 Ventura BLVD, Tarzana, CA 91356
19621 Ventura BLVD, Tarzana, CA 91356
19621 Ventura BLVD, Tarzana, CA 91356
19621 Ventura BLVD, Tarzana, CA 91356
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Sam Mu

Sam Mu

+1(949) 258-2228
$ 2,950,000
Est. payment | /mo

6,216 Sqft Lot

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$ 2,950,000
Est. payment | /mo
Save

6,216 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SR26183052

HOA Y/N No

Year Built 1963

Lot Size 6,216 Sqft

Lot Dimensions Assessor

Property Sub-Type Mixed Use

Property Description

EXTREMELY RARE VENTURA BLVD MIXED-USE OWNER-USER / INVESTMENT OPPORTUNITY! First time offered for sale in approximately 55 years! Held by the same ownership since 1971, this unique Tarzana property presents an exceptional opportunity with approximately 50 feet of direct frontage along Ventura Boulevard, providing outstanding visibility and exposure along one of the San Fernando Valley's most established commercial corridors. The 4,944 SF mixed-use building features 3 ground-floor commercial storefronts totaling approximately 3,444 SF, plus an approximately 1,500 SF upstairs residential unit. The individual spaces are approximately 1,110 SF / 1,167 SF / 1,167 SF and 1,500 SF. One commercial unit features a very large walk-in vault, and two commercial suites are connected by an interior doorway, offering flexibility for separate or combined use. The property offers tremendous flexibility for an owner-user, investor or value-add buyer. Occupy all or a portion of the commercial space while potentially generating income from the remaining storefronts and residential unit, or lease the individual spaces as a multi-tenant investment. LAC2 zoning may accommodate a variety of retail, professional office, service, medical/dental and other commercial uses, subject to City approval and applicable requirements. The property has benefited from extensive recent improvements, including new paint, flooring, significant electrical and plumbing upgrades, new 2-inch copper water main from the City connection, new gas line to the upstairs unit, new upstairs and downstairs electrical subpanels reported as permitted and inspected, roof coating improvements, HVAC work, emergency lighting and exit signs, LED lighting, plumbing/bathroom improvements, some new glass in storefront doors, drywall repairs and extensive interior/exterior improvements. Additional highlights include a newly asphalted and striped GATED rear parking area with 7 spaces, new fencing, security fencing and an extensive camera system with front, rear and interior surveillance. The upstairs residential unit has also undergone numerous improvements including newer flooring, water heater, plumbing, fixtures, lighting, doors/locks, patio/staircase coating, railing and additional HVAC work. A truly unique Ventura Boulevard mixed-use opportunity combining a prime Tarzana location, exceptional boulevard frontage and visibility, flexible usage, extensive recent improvements and multiple potential income streams.

Location

State CA

County Los Angeles

Area Tar - Tarzana

Zoning LAC2

Rooms

Other Rooms Living Quarters

Interior

Heating Central

Cooling Central Air, See Remarks, Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Fence Chain Link, Good Condition, See Remarks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, See Remarks, Water Connected

Present Use Commercial,Residential,Single Family,See Remarks

Total Parking Spaces 7

Building

Lot Description Paved, Rectangular Lot, Street Level, Level

Story 2

Water Public

Additional Building Living Quarters

Others

Tax ID 2164013018

Security Features Closed Circuit Camera(s),Window Bars

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by David Proctor Pinnacle Estate Properties 818-422-3283, DRE #01182757

Nearby Locations

Sam Mu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 258-2228

sammuteam@gmail.com

880 Roosevelt Suite 250, Irvine, California 92620, United States

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19621 Ventura BLVD