14444-14446 Ventura Blvd
Listing Price: $4,292,000.00
The Agnew | Serling Team at Marcus & Millichap represented the ownership in the sale of 14444-14446 Ventura Blvd, a multi-tenant retail property boasting two suites situated on the renowned Ventura Blvd in Sherman Oaks. This asset offered remarkable versatility, with half of it available for the Owner-User Buyer, while the remaining portion is currently leased on a month-to-month basis.
The property comprised of a roughly 5,960-square-feet is situated on approximately 0.22 acres of C2-1L zoned land, positioned on the south side of Ventura Blvd between Van Nuys Blvd and Beverly Glen. With over 80 feet of frontage and a daily traffic count exceeding 45,000 vehicles, this location offers exceptional visibility. The large storefront windows, 9-14’ interior clear height and pylon signage enhanced its appeal, making it an ideal opportunity for retail businesses to thrive and expand.
Parking was a notable advantage, with 13 off-street parking spaces, including 6 tandem spaces and 1 handicap space, along with room for two additional vehicles in front of the loading door, accessible via the rear alley. The property also featured four 5-ton HVAC units that have been recently serviced, and the roof was completely replaced in late 2014, with a resurfacing in 2018.
This property occupies a prime location along one of Sherman Oaks’ most sought-after stretches of Ventura Blvd. Its close proximity to major freeways, just half a block west of Beverly Glen Blvd, ensures easy access from across the San Fernando Valley and a convenient route to West Los Angeles. The property is only half a mile from the 101 Freeway and 1.25 miles from the 405 Freeway, two major thoroughfares in Southern California. The surrounding area is home to some of the valley’s trendiest retail destinations, further bolstering the potential success of any new owner and business venture.
- Rare Sherman Oaks Retail Owner/User Opportunity with Income
- Located on the Famed and Highly Sought-After Ventura Blvd
- High Traffic Counts- Over 45,000 Vehicles Per Day
- Excellent Demographics – Population of 172,926 and Average Household Income of $143,757 within a 3-Mile Radius
- Pylon Signage with 80 Feet of Frontage on Ventura Blvd
- 13+ Off-Street Parking Spaces accessed by Rear Alley
- Roof was Replaced in 2014 & Resurfaced in 2018
- Ample HVAC - 4 x 5-ton Package Units
- 0.5 Miles from 101 Freeway and 1.4 Miles from 405 Freeway