12073 Ventura Place , Studio City, CA 91604
Studio City, CA 91604
Description
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.
Details
| Mls | SR24216062 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Subtype | Resale |
| Status | Active |
| Year | 1946 |
| Days On Site | 49 |
| Listing Provided By | Monteleone Real Estate,Inc 818-449-7004 | Mike Monteleone |
Features
| Sq Feet | 4,164 |
|---|---|
| Storys | 2 |
| Units | 8 |
| Buildings | 2 |
| Zoning | C2 |
| Acreage | 0.11 |
Request A Showing
Request A Showing
Contact
Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Studio City |
| Zip Code | 91604 |
| Area | STUD Studio City |
| Listing VS Median (in 91604) | |
Price: $8,500,000 low | high Med: $2,695,000 SqFt: 4,164 low | high Med: 6,469 $ / SqFt: $2,041 low | high Med: $417 On Site: 49 low | high Med: 209.000000 | |