Active
12073 Ventura Place, Studio City (los Angeles)
Studio City ( los Angeles ) CA, 91604
$8,500,000
$2,041.31 per sqft
Active
4,164 sqft
Commercial
Built in 1946
Listed by Mike Monteleone with Monteleone Real Estate,Inc 818-449-7004
Probate Sale! Administrator has Full Authority to accept Offers. Offering a Mixed-Use, Commercial & Apartment Building Investment in Studio City-"A" location. Born out of the Entertainment Industry Studio City is regarded as "The Jewel of The Valley". It serves as the Gateway to Westside and Hollywood, attracting actors, writers and musicians. This Great opportunity is close to CBS Studios and minutes to Universal Studios and Burbank, which is the "Media Capital of the World". Ventura Place is just a short block from Iconic Ventura Blvd. This 4,164-sf building consists of: 6- Apartments plus 2- Retail Stores. McConnel's Ice Cream with renewal options plus Alfred Coffee who intends to renew. Both Commercial tenants pay CAM charges plus yearly rent increases. The 6-Apartments units are month to month with below market rents. First Time on the market in over 54 Years. A Solid Investment, 100% occupied, and ideal for 1031 Exchange.
CRSR24216062
MLSⓇ ID
October 20, 2024
Listed
November 6, 2024
Updated
Map
12073 Ventura Place, Studio City (los Angeles)
Studio City ( los Angeles ) CA, 91604
Interior Features
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Other Property Details
Area Name
Studio City (los Angeles)
Garage
No
View
No
County
Los Angeles
Pool
No
Zoning
C2
Listing Contact:
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Data last updated on 11/6/2024 at 2:48 AM UTC