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.
4,164 Sq Ft
5,001 Sq Ft Exterior Space
Commercial
Built in 1946
MLS/Listing ID SR24216062
8 Units
Lot - No Landscaping
Lot - Rectangular Lot
Listing Courtesy of MONTELEONE REAL ESTATE,INC, MIKE MONTELEONE - 818-449-7004
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE