Listed by 818-917-1789 - Mike Monteleone - DRE #00404713 - Monteleone Real Estate,Inc 818-449-7004
$8,500,000 affordable loan icon Calculate Payment

12073 Ventura Place Studio City, CA 91604

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Mixed Use Residence
Beds
Baths
4,164 Sq. Ft.
0.11 Acre Lot

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Last updated on 12/1/2024 6:32 PM
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 Hollywo...od, 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. Continue reading
MLS#
SR24216062
Property Type
Mixed Use
Status
Year Built
1946
Square Feet
4,164 sq. ft
Lot Size
0.11

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Listed by 818-917-1789 - Mike Monteleone - DRE #00404713 - Monteleone Real Estate,Inc 818-449-7004
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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