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16601 Ventura Blvd
Encino, CA 91436

$11,890,000 USD

Office For Sale • 45,169 SF

Property Details

Property Type Office
Total Building Size 45,169 SF
Lot Size 0.76 AC
Building Class B
Year Built 1984
Tenancy Multiple
Zoning C4

42 Transit Score

85 Walk Score

                
                    Highlights
                
                                Passive NNN Income from A+ credit tenant with less than 9 years remaining on initial lease term
                            
                                Two (2) 10-Year Extension Options — Potential 29-year investment horizon
                            
                                Reversionary Value Upside — ±44,555 SF building reverts to landowner upon lease expiration
                            
                                Right of First Refusal (ROFR) held by Citibank, offering structured control over sale process
                            
                                Irreplaceable Location in Encino — High traffic corridor with strong demographics and low commercial land availability
                            
                                Generational Asset — Ideal for legacy portfolios, family offices, or 1031 exchange buyers

Amenities

Banking
Property Manager on Site
Signage

Public Transportation

Commuter Rail	Drive	Walk	Distance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	12 min	-	6.5 mi
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink))	15 min	-	7.7 mi
Airport	Drive	Walk	Distance
Bob Hope	18 min	-	10.5 mi
Los Angeles International	27 min	-	18.9 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	60
Type:	Surface
Included in Rent:	Yes

Mark Reynolds 214-938-9875 Ally Commercial Real Estate

16601 Ventura Blvd Encino, CA 91436