Property Detail

12073 Ventura

Studio City CA 91604

$8,500,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Mike Monteleone of Monteleone Real Estate,Inc. Last updated 2024-11-22 10:32:01.000000. Listing information © 2024 CRMLS.

John Collins

John Collins

DRE# 01948188
Inquire Now

I agree to be contacted by Collins Coastal and Coldwell Banker Realty via text. To opt out, you can reply "STOP" at any time or click the unsubscribe link in the emails. Message and data rates may apply. Message frequency varies. Privacy policy and Terms of Service

admin Real estate https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png realtor https://g.page/r/CayICkO-JykjEBM/review # # https://www.royacdn.com/unsafe/smart/Site-293dd465-f306-4334-ba57-871e6c0ec29d/Homepage_AboutJCPhoto.png