15143 Ventura Boulevard , Los Angeles, CA 91403
$4,900,000
Est. Payment: $26,169.43/mo
0 Bed
0 Bath
7500 Sqft
Status: Active | Days on site: 50
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CLW-X83092 - CLW-C137215
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House Description

We are pleased to present the exclusive opportunity to acquire 15143-15153 Ventura Blvd, a street front retail strip on premier Ventura Boulevard frontage in the heart of Sherman Oaks with five of six units leased. The asset consists of two adjacent parcels totaling 13,068 square feet of land under flexible LAC2 zoning, improved with two structures originally built in 1952 and 1953 comprising 7,500 square feet of gross leasable area across six units with 27 car parking. The property currently generates $24,052 in gross monthly income ($29,091 with 15153 leased at market) from an established roster of service and specialty retail tenants including Sahaja Culture, Expert Insurance, Linda Lues Massage, Inaya and Shalom Giftshop. This is an irreplaceable location. The property fronts Ventura Boulevard, the primary east west thoroughfare of the San Fernando Valley, carrying more than 34,000 vehicles daily with a Walk Score of 87. It sits directly across from BLVD Steak, Pizzana, and Sweet Butter Cafe, and minutes from Erewhon, Whole Foods, Gelson's, and Ralphs. The Sherman Oaks Galleria, Westfield Fashion Square, and Restaurant Row anchor the surrounding trade area, and the 101 Freeway is less than one mile away with the 405 interchange approximately two miles west. Frontage of this quality on this stretch of the boulevard is finite and rarely comes to market. The value add is direct and sits entirely within an incoming owner's control. The majority of the tenant base operates under NNN lease structures, yet the owner is not currently charging for CAM, leaving common area and expense recoveries billed at a fraction of market. Bringing those recoveries to the levels supported by comparable Ventura Boulevard properties adds income with no capital investment required. Two units operate on open month to month tenancies that can be reset to current market rent on turnover, and the balance of the roster carries contractual annual increases already built into the leases. This asset is tailored for private syndicators, 1031 exchange buyers, and institutional operators seeking a high barrier to entry retail position in a premier Southern California submarket. An incoming owner captures stabilized cash flow on day one, executes a defined value add plan through expense recovery and rent resets, and patiently holds two contiguous LAC2 parcels positioned in the path of affluent West Valley consumer demand.

Highlights

Listed by Oron Maher , 310-464-1453 Maher Commercial Realty , 310-464-1453. CRMLS/Multi-Regional MLS mls logo

Property Type

Commercial Sale

Lot/Acreage
0.3

Year Built

1953

County

Los Angeles

Area

SO - Sherman Oaks

Listing ID

26865849

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:No Land Lease
Garage Capacity:27
Zoning:LAC2
Others:
  • Additional:2+ Total Units
Principal Interest
$26,169
Taxes
$3,124

Home Price

$4,900,000

Loan Details

30 yrs
7.034%

Down Payment

20%
$980,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$26,169.43

Principal

Taxes

Principal Taxes HOA Total
Monthly $26,169.43 $3,123.75 $0.00 $29,293.18
Yearly $314,033.15 $37,485.00 $0.00 $351,518.15
Total $9,420,994.63 $1,124,550.00 $0.00 $10,545,544.63

Today's Rates

30 Year

7.03%

20 Year

7.02%

15 Year

6.38%

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Market insight data is pulled from the same city as the listing being viewed (Los Angeles, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T03:02:51.000Z

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