18055 Ventura Boulevard | Encino, CA

18055 Ventura Boulevard is a two tenant NNN leased commercial property ideally located just east of the NE signalized corner of Ventura Boulevard and Lindley Avenue in Encino, California. 18055 Ventura Boulevard is ideally situated on 35,627 square feet of land zoned C4-1VL, creating a unique opportunity for development in the future. The tenants benefit from the excellent parking the property offers, as well as its prime location within the high-end submarket of Encino, CA. As a result of the 1031 Exchange, the seller saved approximately 15% on taxes and increased their after-tax income by $78,514(33%).

Transaction Information

  • Address:  18055 Ventura Boulevard, Encino, CA 91316
  • Product Type: Retail – 1031 Exchange
  • Sales Price: $5,650,000
  • Close Date: Feb 2019
  • Exclusively Represented Buyer and Seller
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