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Tuesday, Nov 29, 2022
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Sherman Oaks Retail/Office Property Trades for $1.8 Million

A multi-tenant property at 13715 Ventura Blvd. in Sherman Oaks has sold for nearly $1.83 million, according to Calabasas-based brokerage Marcus & Millichap Inc. The 3,777-square-foot multi-tenant mixed-use project has two ground-level storefront retail units averaging 1,200 square feet with frontage along Ventura Boulevard, plus a 900-square-foot second-story office unit that was previously an apartment. Brandon Michaels and Ben Brownstein, both retail investment specialists in Marcus & Millichap’s Encino office, held the exclusive listing for 13715 Ventura Blvd. on behalf of the seller, an individual trust. The buyer, an individual trust, was also secured and represented by Michaels and Brownstein. The 13715 Ventura Blvd. address is located just west of Woodman Avenue and east of Hazeltine Avenue on the north side of the boulevard.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.
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