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$ 16,425,000
Est. payment /mo
New
16601 Ventura BLVD Encino, CA 91436
0.76 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW25146264
HOA Y/N No
Year Built 1983
Lot Size 0.758 Acres
Property Sub-Type Office
Property Description
16601 Ventura Blvd is a 33,031 SF parcel of C4 land which is ground leased to Citibank (Leased-Fee Interest). The ground tenant owns and operates the 5-story office building located on the property. The improvements which are owned by the ground tenant revert to the landowner upon lease expiration. The property is located at the northwest corner of the signalized intersection at Ventura Blvd and Rubio Ave, in Encino, CA, a very prestigious and highly sought-after commercial area.
Location
State CA
County Los Angeles
Area Enc - Encino
Zoning LAC4
Interior
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description Corner Lot
Story 5
Water Public
Others
Tax ID 2259012018
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Listed by Mark Reynolds Ally Commercial Real Estate 214-938-9875