12073 Ventura Place Active

Studio City (los Angeles),CA 91604

$ 8500000

- Bed

0 Bath

4164 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,164 sqft

Price per Sqft $2,041

MLS Listing ID CRSR24216062

HOA Y/N No

Year Built 1946

Lot Size 5,001 Sqft

Acres 0.11

Property 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.

Location

State CA

County Los Angeles

Area Listing

Zoning C2

Interior

Fireplace No

Exterior

Utilities Available Electricity Connected,Natural Gas Connected,Other

Building

New Construction No

Others

Tax ID 2368002013

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