12073 Ventura Place, Studio City, CA 91604

  • $7,000,000
12073 Ventura Place
CommercialSale Active
12073 Ventura Place, Studio City, CA 91604
12073 Ventura Place
  • $7,000,000

Overview

Property ID: HZSR24216062
  • MixedUse
  • Property Type
  • 1946
  • Year Built

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.

  • Address Ventura
  • City Studio City
  • State/county Los Angeles
  • Zip/Postal Code 91604

Details

Updated on May 3, 2025 at 6:18 pm
  • Property ID: HZSR24216062
  • Price: $7,000,000
  • Land Area: 0.1148 SquareFeet
  • Year Built: 1946
  • Property Type: MixedUse
  • Property Status: CommercialSale

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