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16260 Ventura Boulevard 130, Encino, CA 91436

Business

For sale now

16260 Ventura Boulevard 130 is on the market at $200,000. See the current listing →

16260 Ventura Boulevard 130, Encino, CA 91436 Sold May 2021 CRMLS
$120,000Sold May 2021

Listing Agent: Liehua Fu (DRE #02068220) · Listing Office: Keller Williams Central · Contact: 818-993-1300 · Bought with: liehua Fu · Keller Williams Central · MLS #SR20128703 · Source: CRMLS

Restaurant
Business Type
2014
Established
5
Employees

How this sale compares

16260 Ventura Boulevard 130 sold for $120,000 in May 2021, 29% under its $170,000 list price, after 189 days on the market.

189
Days on market
−29%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

About this business

Location! Location! Location! Popular Indian Restaurant, Street of India Cafe, located on the first floor of the Encino Medical Tower, across the street from the Encino Hospital near the corner of Libbett and the HSBC Bank Building. The restaurant is easily seen by all of the slow moving traffic as well as the pedestrians on this busy part of Ventura Blvd. The restaurant is 1800 sq.ft., has 16 booths each seating at least 4 people, 12 tables each seating 6-8 people,17 wooden chairs, and a patio with tables and chairs for over 20 people.The kitchen consists of all the stainless equipments that you need for cooking, All of the restaurant furniture and kitchen appliances and equipment have been well maintained and are in excellent condition. There is a office room and storage room in the back of the kitchen. There are 7 years remaining on the 8 year lease.There is Beer/Wine license. This is a great opportunity for someone who wants to operate an ongoing Indian restaurant or change it to any kind of restaurant you desire. There is ample secure parking behind the restaurant as well as metered street parking.

Listing description from the May 2021 sale, as reported to CRMLS.

Sale history

$120,000
Sold May 2021 · listed $170,000, on market June 2020, 189 days on market · MLS #SR20128703 · Source: CRMLS
Listing Agent: Liehua Fu · Listing Office: Keller Williams Central · Contact: 818-993-1300 · Bought with: liehua Fu · Keller Williams Central

Questions about 16260 Ventura Boulevard 130

When did 16260 Ventura Boulevard 130 last sell?

16260 Ventura Boulevard 130 last sold in May 2021 for $120,000, according to CRMLS-reported closed sales.

What did 16260 Ventura Boulevard 130 sell for?

$120,000, 29% below the $170,000 list price, after 189 days on the market.

Is 16260 Ventura Boulevard 130 for sale now?

Yes — 16260 Ventura Boulevard 130 is currently on the market at $200,000. Open the current listing on Nalren for photos, details and the listing agent.

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