$7,000,000
12073 Ventura Place
Studio City, CA, 91604
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.
Property Details
Price:
$7,000,000
MLS #:
SR24216062
Status:
Active
Baths:
0
Address:
12073 Ventura Place
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
studstudiocity
City:
Studio City
Listed Date:
Oct 18, 2024
State:
CA
ZIP:
91604
Year Built:
1946
Schools
Interior
Exterior
Stories Total
2
Water Source
Public
Financial
Utilities
Electricity Connected, Natural Gas Connected, Phone Connected
Need more info?
If you have any questions about this property, we at the Mohr Group would be happy to answer them. Click the button below and send us a message.
Ask a QuestionReady to go see it?
Schedule a ShowingMortgage Calculator
Similar Listings Nearby
- 928 N San Vicente Boulevard
West Hollywood, CA$9,250,000
3.94 miles away
- 1022 W Burbank Boulevard
Burbank, CA$6,600,000
4.86 miles away
Courtesy of Monteleone Real Estate,Inc. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Mohr Real Estate Group include the name of the listing broker. Neither the listing company nor Mohr Real Estate Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved. 12073 Ventura Place
Studio City, CA
LIGHTBOX-IMAGES
