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$2,700,000
Est. payment /mo
4,599 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 25528027
HOA Y/N No
Lot Size 4,599 Sqft
Property Description
We are pleased to present a rare value-add retail/warehouse property on Ventura Blvd in one of the most desirable retail corridors of Sherman Oaks. Ideally located at the corner of Ventura Boulevard and Matilija Avenue, this property features a total of 4,480 sq.ft., including a 1,250 sq.ft. Storefront and a 3,230 sq.ft. warehouse on a 4,598 sq.ft. lot. The warehouse features high ceilings and a curb-cut with a large Ground Loading door onto Matilija Ave, allowing for easy ingress/egress. Having a warehouse of this size in the middle of Sherman Oaks is extremely rare and could appeal to a variety of business that require storage of bulk items. Rather than have a separate retail showroom and warehouse, 13831 Ventura allows a business to consolidate at one location. The subject property offers a massive 120 Feet of visible frontage to traffic heading west on Ventura Blvd. The 1,250 sq ft retail unit is currently leased, with less than 1 Year of Term remaining at a below market rent. The existing tenant has also expressed verbal interest in potentially vacating the space earlier, providing flexibility and upside for an owner-user or new tenant. The 3,230 sq ft rear warehouse space is vacant and suitable for a new tenant or owner-user. The warehouse has fire damage, creating a strong value-add opportunity for an investor or user willing to reposition the space. This unit could be great for a variety of usages including automotive, sign or printing businesses (previous use), light manufacturing, wholesale, restaurant/bar, or entertainment uses. The property also includes additional revenue from a billboard on a month to month term, which could provide an additional ancillary income opportunity by increasing the rent to a market rate.Zoned LAC2, the site offers flexible use potential for a variety of commercial applications. With a Walk Score of 87, the location enjoys strong foot traffic and excellent visibility. The property is located directly across the street from three popular restaurants, Pizzana, BLVD Steak, and Sweet Butter Cafe, making it an ideal spot for businesses looking to thrive in a busy, high-demand area. Additionally, convenient access to major freeways, less than a mile to the 101 and just two miles to the 405, enhances its appeal for logistics and transportation needs. This property is perfect for an investor looking for stable income, repositioning potential, and location-driven upside in one of Los Angeles' most desirable commercial corridors. Alternatively, the property is well suited for an owner user who needs a retail showroom and warehouse in an established location.
Location
State CA
County Los Angeles
Area So - Sherman Oaks
Zoning LAC2
Interior
Fireplace No
Building
Lot Description Corner Lot
Story 1
Others
Tax ID 2271016015
Special Listing Condition Standard
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Listed by Oron Maher • Maher Commercial Realty