$8,500,000
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12073 Ventura Place Studio City, CA 91604
Mixed Use
Residence
Beds
Baths
4,164
Sq. Ft.
0.11
Acre
Lot
Property Activity
Time on Site
days
Days on Market
Views
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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.
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MLS#
SR24216062
Property Type
Mixed Use
Status
Year Built
1946
Square Feet
4,164
sq. ft
Lot Size
0.11
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