12073 Ventura PL Active Save Request In-Person Tour Request Virtual Tour
Studio City,CA 91604
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,164 sqft
Price per Sqft $1,681
MLS Listing ID SR24216062
HOA Y/N No
Year Built 1946
Tax Year 2024
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Mixed Use
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.
Location
State CA
County Los Angeles
Area Stud - Studio City
Zoning C2
Interior
Laundry None
Exterior
Utilities Available Electricity Connected,Natural Gas Connected,Phone Connected
Building
Lot Description Level with Street,Rectangular Lot,No Landscaping
Story 2
Water Public
Others
Acceptable Financing Conventional
Listing Terms Conventional
Financing Conventional
Special Listing Condition Probate Listing
Lease Land No
Confidential INFO
TERMS Cash To New Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW CONTACT NAME Mike Monteleone
SHOW CONTACT PH 8189171789
SHOW INSTRUCTIONS Drive- By Only! Submit All offers! Subject to physical inspection and subject to Probate Court guidelines. Estate has Full Authority to accept offers and Subject to Court Approval.