Commercial Asset Group (CAG) and Newmark are pleased to present the following Offering Memorandum (OM) for 16861 Ventura Blvd, Encino, CA. Owner-User / Investment opportunity to acquire a ±34,879 SF, Class-A office/medical building at the high-visibility intersection of Ventura Blvd and Balboa Blvd in Encino. This three-story, multi-tenant property features 19 office and medical suites ranging from 342 to 10,063 SF. The building was recently renovated with a new HVAC system, dual elevators, and upgraded common areas. It also includes a two-level subterranean parking garage. The entire 10,063 SF ground floor is available for medical or retail owner-user occupancy, offering prime signage and exposure along Ventura and Balboa. Located in Encino’s premier business district, the property sits along the bustling Ventura Blvd corridor, adjacent to Encino Commons, a hub for business, dining, shopping, and entertainment. It stands across from Campbellsville University, Equinox, Encino Community Center, and Los Encinos State Historical Park, with close proximity to Encino Hospital Medical Center, top-rated schools, country clubs, and multifamily housing. With its prime location, high traffic volume, and modern upgrades, this property presents a rare opportunity for investors or owner-users looking to establish a flagship medical, retail, or office presence in one of the San Fernando Valley’s most sought-after commercial areas.