The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 15721 Ventura Boulevard, a 4,155 square foot two-unit storefront retail property situated on 0.27 acres of land (11,933 SF) located one parcel west of the NW signalized intersection of Ventura Boulevard & Haskell Avenue in the affluent Los Angeles submarket of Encino, CA.

15721 Ventura Boulevard consists of two (2) retail units consisting of 1,755 square feet (unit 15719) and 2,400 square feet (unit 15721). The subject property is currently 100% occupied by Ben Construction in unit 15721 and Ben Construction with the Benelisha Group in unit 15719 on leases expiring 12/31/2024. 

The subject property is situated in the Ventura Cahuenga Boulevard Corridor Specific Plan zoned C4-1 with a regional center commercial land use designation. Potential multifamily redevelopment of the property would be permitted 30 units by-right, up to 41 units using a 35% California State density bonus. 

The subject property benefits from outstanding visibility with approximately 84 feet of frontage along Ventura Boulevard. The property is one (1) parcel west of the signalized intersection of Ventura Boulevard and Haskell Avenue, a major intersection with traffic counts in excess of 42,000.