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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
LAC2 - Commercial
Parking
4 Spaces (0.49 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 2369-002-026 | Improvements Assessment | $4,307,256 |
| Land Assessment | $2,871,504 | Total Assessment | $7,178,760 |
Property Taxes
Parcel Number
2369-002-026
Land Assessment
$2,871,504
Improvements Assessment
$4,307,256
Total Assessment
$7,178,760
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