12318 Ventura Blvd | Studio City, CA 91604
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This Retail Property is no longer advertised on LoopNet.ca.
12318 Ventura Blvd
Studio City, CA 91604
Retail Property For Sale
Investment Highlights
- PRIDE OF OWNERSHIP Asset- Rare opportunity to acquire a trophy street front retail building with over 100 feet of frontage along Ventura Blvd
- EXCELLENT VISIBILITY and frontage - The property is situated two blocks west of the intersection of Laurel Canyon Boulevard and Ventura
- RETAIL HUB Surrounded by tenants such as Trader Joe's, Lemonade, Rocco's Tavern, Joan's on Third, Chin Chin, California Pizza Kitchen and many more
- GENERATIONAL purchase opportunity- The property has been in the same family for more than 80 years.
- STABILIZED ASSET with tremendous upside - The subject property is 100% occupied with significant upside potential in the rents
- DENSE INFILL demographics- More than 192,561 people in a 3-mile radius and average household incomes in excess of $122,169
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront
Building Size
15,000 SF
Building Class
B
Year Built
1940
Tenancy
Single
Building Height
1 Story
Building FAR
1.50
Lot Size
0.23 AC
Zoning
C2, Los Angeles
Parking
4 Spaces (0.49 Spaces per 1,000 SF Leased)
PROPERTY TAXES
Parcel Number | 2369-002-026 | Improvements Assessment | $6,064,363 |
Land Assessment | $4,042,909 | Total Assessment | $10,107,272 |
PROPERTY TAXES
Parcel Number
2369-002-026
Land Assessment
$4,042,909
Improvements Assessment
$6,064,363
Total Assessment
$10,107,272
Listing ID: 26157860
Date on Market: 2022-07-13
Last Updated:
Address: 12318 Ventura Blvd, Studio City, CA 91604
The Retail Property at 12318 Ventura Blvd, Studio City, CA 91604 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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