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$2,950,000
SR26183052 MLS ⋅ Active Status ⋅ Forecaster BLDG.
EXTREMELY RARE VENTURA BLVD MIXED-USE OWNER-USER / INVESTMENT OPPORTUNITY! First time offered for sale in approximately 55 years! Held by the same ownership since 1971, this unique Tarzana property presents an exceptional opportunity with approximately 50 feet of direct frontage along Ventura Boulevard, providing outstanding visibility and exposure along one of the San Fernando Valley's most established commercial corridors. The 4,944 SF mixed-use building features 3 ground-floor commercial storefronts totaling approximately 3,444 SF, plus an approximately 1,500 SF upstairs residential unit. The individual spaces are approximately 1,110 SF / 1,167 SF / 1,167 SF and 1,500 SF. One commercial unit features a very large walk-in vault, and two commercial suites are connected by an interior doorway, offering flexibility for separate or combined use. The property offers tremendous flexibility for an owner-user, investor or value-add buyer. Occupy all or a portion of the commercial space while potentially generating income from the remaining storefronts and residential unit, or lease the individual spaces as a multi-tenant investment. LAC2 zoning may accommodate a variety of retail, professional office, service, medical/dental and other commercial uses, subject to City approval and applicable requirements. The property has benefited from extensive recent improvements, including new paint, flooring, significant electrical and plumbing upgrades, new 2-inch copper water main from the City connection, new gas line to the upstairs unit, new upstairs and downstairs electrical subpanels reported as permitted and inspected, roof coating improvements, HVAC work, emergency lighting and exit signs, LED lighting, plumbing/bathroom improvements, some new glass in storefront doors, drywall repairs and extensive interior/exterior improvements. Additional highlights include a newly asphalted and striped GATED rear parking area with 7 spaces, new fencing, security fencing and an extensive camera system with front, rear and interior surveillance. The upstairs residential unit has also undergone numerous improvements including newer flooring, water heater, plumbing, fixtures, lighting, doors/locks, patio/staircase coating, railing and additional HVAC work. A truly unique Ventura Boulevard mixed-use opportunity combining a prime Tarzana location, exceptional boulevard frontage and visibility, flexible usage, extensive recent improvements and multiple potential income streams.

19621 Ventura Boulevard, Tarzana
$1,599,950
5 Beds ⋅ 4 Baths ⋅ SR26161726 MLS ⋅ Active Status
First time on the market in 45 years! A rare opportunity to own a spacious cosmetic fixer South of the Boulevard in the highly desirable Tarzana Hills. Situated on an expansive 19,269-square-foot lot, this approximately 3,400-square-foot split-level pool home offers 5 bedrooms, 3.5 bathrooms, generous living spaces, and exceptional potential to update, personalize, and create added value. Recent improvements include a fully remodeled kitchen, newer roof, updated HVAC system, and newer pool equipment, including the pool heater and filtration system. A rare upper-tier flat pad with potential views of the surrounding hills offers exciting possibilities for a pickleball or sports court, ADU, guest house, home office, or expanded outdoor living space. The home features formal living and dining rooms, a remodeled kitchen with breakfast nook and pantry, and an inviting family room with fireplace and dry bar. The family room, kitchen, fifth bedroom, and spacious primary suite all enjoy direct backyard access. The primary suite offers two walk-in closets, while the fifth bedroom is ideal as an office or guest room. The private backyard features a pool and spa, mature landscaping, and multiple entertaining areas. Ideally located just minutes from Ventura Boulevard's shopping, dining, parks, and entertainment, this is a wonderful opportunity for a buyer with vision to transform a well-located Tarzana Hills property and unlock its full potential.

4807 Ellenita Avenue, Tarzana

Based on information from California Regional Multiple Listing Service, Inc. as of . 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.