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Listed by Mark Reynolds • Ally Commercial Real Estate
$ 16,425,000
Est. payment | /mo
44,555 SqFt
$ 16,425,000
Est. payment | /mo
44,555 SqFt
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 44,555 sqft
Price per Sqft $368
MLS Listing ID CRDW25146264
HOA Y/N No
Year Built 1983
Lot Size 0.758 Acres
Property Sub-Type Office
Source Datashare California Regional
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
Interior
Fireplace No
Building
Water Public
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Glen Riggs
REALTOR® | Lic# CA DRE 02161397