Active
12073 Ventura Place
Studio City CA, 91604
$7,000,000
$1,681.08 per sqft
Active
4,164 sqft
Commercial
Built in 1946
Listed by Mike Monteleone with Monteleone Real Estate,Inc 818-917-1789
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.
SR24216062
MLSⓇ ID
October 20, 2024
Listed
December 22, 2024
Updated
Map
12073 Ventura Place
Studio City CA, 91604
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.11 Acres
Lot Features
No Landscaping, Rectangular Lot, Street Level, Level
Other Property Details
Area Name
STUD - Studio City
Days on Market
63
Garage
No
View
No
County
Los Angeles
Water Source
Public
Pool
No
Zoning
C2
Listing History
Date | Event | Price |
|---|---|---|
12/22/2024 | Price change | $7,000,000 -18% |
Listing Contact: 818-449-7004
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/22/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 12/22/2024 at 8:40 PM UTC