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11426 Ventura Blvd 6,400 SF 39% Leased Office Building Studio City, CA 91604 $5,150,000 ($804.69/SF)
Investment Highlights
- 6,400 SF freestanding building
- Surface Parking Behind Building off Alley -Direct Access to 2nd Floor
- HUGE Outdoor Patio Attached to 3rd Floor Suite
- Private/Secured Parking Garage on Ground Floor
- Construction - Block/Masonry
- 1 MILE TO THE US-101 FWY
Executive Summary
PROCURRING BROKER FEE = 3.5% (CALL FOR DETAILS)
$5,150,000
**Call listing broker for more details regarding touring instructions**
- 6,400 SF 3-story built 1989. One (1) existing tenant ( 2nd & 3rd floor) on short-term leases offering flexibility for investor or an owner-user. Several units with upgraded interior build-outs. Abundant parking (off alley behind building) with nine (9) dedicated surface spaces in addition to unique street-level secured roll-up door adequate for 7+ vehicles and vertical storage.
Available for immediate occupancy (1st floor with private patio and large secure garage/storage area).
Area Description
Located in the heart of the entertainment and media corridor of Studio City. Walking distance to numerous restaurants and service-retail amenities. Exceptional local demo profile with $158k HHI and average home price in-excess of $1.8mm (1-mile). Less than 15 min from Burbank airport and 4 min from Universal Studios.
Please do not disturb currant tenants and call listing broker to discuss touring. Thanks!
$5,150,000
**Call listing broker for more details regarding touring instructions**
- 6,400 SF 3-story built 1989. One (1) existing tenant ( 2nd & 3rd floor) on short-term leases offering flexibility for investor or an owner-user. Several units with upgraded interior build-outs. Abundant parking (off alley behind building) with nine (9) dedicated surface spaces in addition to unique street-level secured roll-up door adequate for 7+ vehicles and vertical storage.
Available for immediate occupancy (1st floor with private patio and large secure garage/storage area).
Area Description
Located in the heart of the entertainment and media corridor of Studio City. Walking distance to numerous restaurants and service-retail amenities. Exceptional local demo profile with $158k HHI and average home price in-excess of $1.8mm (1-mile). Less than 15 min from Burbank airport and 4 min from Universal Studios.
Please do not disturb currant tenants and call listing broker to discuss touring. Thanks!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,400 SF
Building Class
B
Year Built
1989
Price
$5,150,000
Price Per SF
$804.69
Percent Leased
39%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,133 SF
Slab To Slab
10’
Building FAR
1.05
Lot Size
0.14 AC
Zoning
LAC2 - Check with city regarding allowable uses/restrictions.
Parking
15 Spaces (2.34 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Skylights
- Roof Terrace
- Central Heating
- Open-Plan
- Air Conditioning
- Balcony
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Delio Films
- Arts, Entertainment, and Recreation
- -
- -
- -
- Reason Film LLC
- Information
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Delio Films | Arts, Entertainment, and Recreation | - | - | - | ||
| Reason Film LLC | Information | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Private/Secured garage space with direct access from Ventura Blvd -2500 SF Two Office/Retail units 730/700 SF Total space avail - 3,930 SF
| Space | Size | Space Use | Build-Out | Available |
| 1st Fl-Ste 101-102 | 730-3,930 SF | Office/Retail | Partial Build-Out | Now |
1st Fl-Ste 101-102
| Size |
| 730-3,930 SF |
| Space Use |
| Office/Retail |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Fl-Ste 101-102
| Size | 730-3,930 SF |
| Space Use | Office/Retail |
| Build-Out | Partial Build-Out |
| Available | Now |
Private/Secured garage space with direct access from Ventura Blvd -2500 SF Two Office/Retail units 730/700 SF Total space avail - 3,930 SF
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 2378-022-025 | Improvements Assessment | $1,373,202 |
| Land Assessment | $2,059,804 | Total Assessment | $3,433,006 |
Property Taxes
Parcel Number
2378-022-025
Land Assessment
$2,059,804
Improvements Assessment
$1,373,202
Total Assessment
$3,433,006
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11426 Ventura Blvd
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