16601 Ventura Blvd is a 33,031 SF parcel of C4 land which is ground leased to Citibank (Leased-Fee Interest). The ground tenant owns and operates the 5-story office building located on the property. The improvements which are owned by the ground tenant revert to the landowner upon lease expiration. The property is located at the northwest corner of the signalized intersection at Ventura Blvd and Rubio Ave, in Encino, CA, a very prestigious and highly sought-after commercial area.