$7,000,000
4,164 Sqft
5,001 Sqft

12073 Ventura Place, Studio City (los Angeles) Ca 91604

  • Commercial Sale Property Type
  • 104 Days Days On Market
  • 1946 Year Built
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.

Basic Details
Commercial Sale
Mixed Use
For Sale
CRSR24216062
$7,000,000
104
4,164 Sqft
1946
5,001 Sqft
0.11 Acre
Active
Features
Electricity Connected, Natural Gas Connected, Other
Address Map
CA
Los Angeles
Studio City (los Angeles)
91604
Ventura Place
12073
W119° 36' 19.5''
N34° 8' 40.8''
C2
1-North Ventura & 1-East Laurel
Additional Info
Monteleone Real Estate,Inc
Mike Monteleone
mike@rebrokerinc.com
Active
Public
For Sale
Price History
10/20/2024
$8,500,000
$8,500,000
Additional Information
4164
Listing Information
2025-01-02T00:25:24Z
Probate Listing
BayEast
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    Agent info
    Mallik Reddy Kesari
    Realty++
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    Subhash Kapur
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    Mallik@rRealtyplusplus.com (510) 299-6629