WALL STREET Plaza
±46,776 SF Mixed-Use Retail & Office Investment Opportunity with Prime Ventura Boulevard Frontage & Dedicated Parking Structure
18645-18663 VENTURA BOULEVARD, TARZANA, CA
Kidder Mathews is pleased to exclusively offer Wall Street Plaza, a ±46,776 SF mixed-use retail and office investment with a dedicated adjacent parking structure at 18645-18663 Ventura Boulevard in Tarzana, California.
Situated at the signalized northeast corner of Yolanda Avenue and Ventura Boulevard, the property commands frontage along one of the most heavily traveled commercial corridors in the San Fernando Valley, with daily traffic volumes approaching 40,000 vehicles along the property frontage and exceeding 41,000 just east of the site.
Three
STORIES
211
total parking spaces
Two
parcels
±58,800
total land sf
Investment Highlights
Irreplaceable corner on ventura boulevard
Signalized hard-corner positions on Ventura Boulevard with dedicated parking structures rarely trade. East- and westbound access, monument signage at the intersection, and 211 parking spaces at a 4.3:1,000 SF ratio. For medical, restaurant, and professional tenants where parking is a dealbreaker, this property delivers.
one block from a $542M Hospital Expansion
Providence Cedars-Sinai Tarzana Medical Center (249 beds, 800+ physicians, 1,450+ employees) is one block east and in the middle of the largest healthcare construction project in Valley history. The new 200,000 SF Friese Family Tower opened October 2023, Phase 2 broke ground 2024, and expansion continues. A growing institutional anchor generating sustained daily foot traffic.
IMmediate Cash flow with Built-in Rent Upside
Strong Day 1 income at approximately 97% occupancy with a NOI of approximately $991,251. Average in-place rents are meaningfully below current submarket averages, creating organic income growth as leases roll without speculative leaseup or heavy capital spend.
short lease term accelerates mark-to-market upside
With a weighted-average remaining lease term of under two years, investors benefit from near-term opportunities to reset rents to current market levels across a significant portion of the rent roll. In a below-market rent environment, short WALT is a feature, not a risk.
CLEAR PATH TO NNN CONVERSION
Most tenants operate on gross leases and are not reimbursing full CAM as allowed under their agreements. Transitioning to NNN on renewal directly increases net income without raising base rents. Combined with potential parking monetization, this is a layered value-add most competing corridor offerings do not provide.
SUPPLY-CONSTRAINED SUBMARKET
The San Fernando Valley retail submarket maintains approximately 5% vacancy with virtually zero new construction deliveries. Limited supply supports sustained occupancy and continued rent growth across the corridor.
PRICED BELOW REPLACEMENT COST
At $362/SF of GLA, the property is priced well below the all-inclusive cost of constructing a comparable mixed-use building plus dedicated parking structure in today's LA market, where hard costs alone run $350 to $500+/SF before land, entitlements, and carry.
DEEP TENANT ROOTS & PROVEN OCCUPANCY
Kravings, Della Curva Bridal, Optical Universe, Lili Bridals, Pozi's Gyro, D'Amore's Pizza, and others have been in place for years with heavy buildout investment. Occupancy above 90% throughout the current hold. Tenancy built on location strength, not concessions.
DIVERSIFIED, RECESSION-RESISTANT TENANT MIX
Restaurant, dental/medical, optical, insurance, bridal, beauty, financial services, and legal. No single tenant exceeds 12% of the building. Hospital employees, bridal parties, diners, and dental patients all feed a self-reinforcing foot traffic ecosystem.
ARCHITECTURALLY DISTINCTIVE BUILDING
Widely regarded as one of the most unique buildings in the San Fernando Valley. 17-foot ceilings, oak paneling, grand staircase with chandelier, private patios, and award-winning design. The kind of building tenants seek out, stay in, and photograph well for social media-driven businesses.
AFFLUENT, HIGH-SPENDING TRADE AREA
Over 163,000 residents and 160,000 daytime workers within 3 miles. Average household income of $147,224, per capita income of $54,883, and average home values exceeding $1.1 million. Nearly 48% of adults hold a bachelor's degree or higher. Consumer spending indexes 120 to 135 above the national average across dining, health care, apparel, and personal care.
PARKING MONETIZATION & EV CHARGING UPSIDE
188 structured spaces and existing EV charger infrastructure create clear opportunity for additional income through paid/validated parking and expanded EV charging. Even modest parking fees could add meaningful annual income above the current NOI.
DELIVERED FREE & CLEAR OF DEBT
Full flexibility to acquire all-cash or secure new financing at competitive terms. A clean capital structure removes transaction friction and lets buyers optimize their own leverage and return profile.
interior improvements
Considered one of the most architecturally distinctive buildings in the San Fernando Valley
Features 17-foot ceilings, oak paneling, & award-winning architecture
Select offices include wet bars, jacuzzis, & private patios
Grand staircase lobby with chandelier and service elevator access to all floors
Investment Summary
Property Name
Wall Street Plaza
Address
18645–18663 Ventura Blvd, Tarzana, CA 91356
Total Rentable Area
±46,776 SF
Total Land Area
±58,867 SF (1.35 AC) across two parcels
Occupancy
97%
Number of Tenants
32 (across 39 units)
Buildings
1 + Dedicated Parking Structure
Total Parking
Approx. 211 spaces (4.3/1,000 SF)
Year Built/Renovated
1986 / Renovated 2004
$16.95M Asking Price
The Location
Wall Street Plaza sits directly across Ventura Boulevard from Village Walk Shopping Center and is surrounded by a strong, well‑established retail trade area.
VEntura Boulevard
Ventura Boulevard is the primary east-west commercial artery running 18 miles through the San Fernando Valley and one of the longest commercial streets in the United States. Traffic counts along the property frontage approach 40,000 vehicles per day, with segments immediately east of the site exceeding 41,000 ADT. The 101 Freeway, accessible one block north via Reseda Boulevard, carries nearly 48,000 vehicles per day at the Burbank Boulevard interchange alone.
The corridor through Tarzana functions as a true main street: a walkable, signalized stretch with a density of food, retail, and service businesses drawing from a wide residential catchment. Wall Street Plaza carries a walk score of 84 ("Very Walkable"), notably higher than the broader Tarzana average.
Exclusively Listed By
Kidder Mathews is the largest independent commercial real estate firm in the Western U.S., with 900 real estate professionals and staff in 19 offices in Washington, Oregon, California, Arizona, and Nevada. For more information, visit kidder.com.
This information supplied herein is from sources we deem reliable. It is provided without any representations, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. CONSULT YOUR ATTORNEY, ACCOUNTANT, OR OTHER PROFESSIONAL ADVISOR.
© Kidder Mathews 2026 | PRIVACY POLICY
Why Kidder Mathews?
Since 1969, Kidder Mathews has been delivering results that meet, and often exceed, client expectations. Today, Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with 900 real estate professionals and employees in 20 offices along the West Coast.
OUR SERVICES
Brokerage
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Consulting
Debt & Equity
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COMMERCIAL BROKERAGE
460+
BROKERS
$10.9b
ANNUAL TRANSACTION VOLUME
43.7m
ANNUAL LEASING SF
49.7m
BROKERS
VALUATION ADVISORY
2,600+
APPRAISALS ANNUALLY
51/21
TOTAL NO. APPRAISERS/MAI'S
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62M
MANAGEMENT PORTFOLIO SF
$11b
ASSETS UNDER MANAGEMENT
OUR SERVICES
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