16601 Ventura BLVD new

Encino,CA 91436

$ 16425000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25146264

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

Laundry None

Building

Lot Description Corner Lot

Story 5

Water Public

Others

Acceptable Financing Contract

Listing Terms Contract

Special Listing Condition Standard

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