Silva Babaian  Realtor, Real Estate Agent, Granada Hills, CA

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    12073 Ventura Place, Studio City, CA 91604
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    12073 Ventura Place
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    • MLS#: SR24216062 ( Mixed Use )
    • Street Address: 12073 Ventura Place
    • Viewed: 25
    • Price: $7,000,000
    • Price sqft: $0
    • Waterfront: No
    • Year Built: 1946
    • Bldg sqft: 0
    • Days On Market: 97
    • Additional Information
    • County: LOS ANGELES
    • City: Studio City
    • Zipcode: 91604
    • Provided by: Monteleone Real Estate,Inc
    • Contact: Mike Mike
    • California Regional MLS IDX
    • DMCA Notice
    • 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.
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    Features
    Accountingtype
    1. Actual
    Assetclass
    1. Multi-Family
    2. Retail
    Building Area Total
    1. 4164.00
    Commoninterest
    1. None
    Country
    1. US
    Current Financing
    1. Conventional
    Current Use
    1. Commercial
    Current Use Comments
    1. Commercial & 6-Apartments
    Expense Year
    1. 2024
    Insurance Expense
    1. 14780.00
    Land Use
    1. Multi-Family
    2. Retail
    Laundry Features
    1. None
    Netoperatingincome
    1. 160315.00
    Otherexpense
    1. 3000.00
    Otherincome1
    1. 19572.00
    Parcel Number
    1. 2368002013
    Postalcodeplus4
    1. 2602
    Property Type
    1. Mixed Use
    Retail Square Footage
    1. 2000
    Signage
    1. Sign on Building
    Topography
    1. Level
    Totalbuildingnra
    1. 4164
    Totalexpenses
    1. 85541.00
    Totalmonthlyrent
    1. 20488
    Utilities
    1. Electricity Connected
    2. Natural Gas Connected
    3. Phone Connected
    Views
    1. 25
    Water Sewer Expense
    1. 17011.00
    Water Source
    1. Public
    Year Built
    1. 1946
    Year Built Source
    1. Assessor
    Zoning
    1. C2
    Headshot for Associate Silva Babaian
    1. Silva Babaian / Realtor
    2. Coldwell Banker Exclusive
    3. CalBRE Lic # 01365805
    4. Mobile: 818.414.6744
    5. Fax: 818.338.5836