747-233-1770
11150 Ventura Blvd, Studio City, CA for Sale
Restaurant - FOR SALE
1/34
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11150 Ventura Blvd
Studio City, CA 91604


HIGHLIGHTS

  • 1150 Ventura Boulevard is an exceptional chance to purchase a three-story multi-concept entertainment venue.
  • With an occupancy load of 752, the largest of its kind in LA, this venue can be transformed to accommodate different uses during the day and night.
  • Unlock unlimited potential, this structure is ideally used for dining, events, banquet establishments, or a social club.
  • Offering subterranean parking and rooftop space with panoramic views of Universal City and the San Gabriel Mountains.
  • Encompassing 5,500-square-foot floor plates with three levels, including a rooftop bar and restaurant space.
  • Strategically placed on Ventura Boulevard just east of the Silver Triangle, where many other shopping, dining, and service amenities are found.

OVERVIEW

**SUBMIT ALL OFFERS** **SELLER WILL REVIEW ALL OFFERS** The Brandon Michaels Group of Marcus & Millichap, as the exclusive advisor, is pleased to present 11150 Ventura Boulevard, a 15,000-square-foot three-story, new construction, multi-concept entertainment venue with a 6,000-square-foot subterranean garage situated on 0.14 acres of land on Ventura Boulevard in Studio City, California. 11150 Ventura Boulevard offers the astute investor or operator a unique opportunity to create a one-of-a-kind experience. The building, constructed in 2023, was meticulously designed to offer an immersive dining and entertainment experience. The property is ideal for dinner and a show, events, banquets, or a social club and can be transformed to accommodate different uses during the day and night. The multilevel project offers different experiences on each floor’s 5,500-square-foot floor plate. Interested parties should independently verify the property's square footage. On the first floor, patrons are greeted by a sanctuary to unwind, conduct meetings, and utilize lockers. The second floor offers a diverse range of entertainment, capable of hosting private events, live concerts, shows, and nightlife experiences. The second floor is accompanied by its own dedicated kitchen with a large walk-in cooler/freezer. The rooftop boasts panoramic views of Universal City and the San Gabriel Mountains. This rooftop terrace is equipped with a dedicated kitchen, a 35-foot bar, a large projector wall, and 16 LED trees to serve everything from a weekend brunch to open lounge use to private events. The subterranean level serves as the site’s parking for patrons and employees and can be configured by valet parking to fit 35 vehicles comfortably. An additional 50 parking spaces are available across the street at Marshall’s via a parking agreement. 11150 Ventura Boulevard is located just west of the southwest signalized corner of Ventura Boulevard and Vineland Avenue, centrally positioned in Studio City beside the coveted Silver Triangle shopping district. The property enjoys excellent visibility, with approximately 50 feet of frontage along Ventura Boulevard. Ventura Boulevard is a highly trafficked east-west commercial thoroughfare with traffic counts in excess of 36,000 vehicles per day.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

SUBMIT ALL OFFERS - Studio City Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,293 SF

ZONING

LAC2

APN/PARCEL ID

2378-009-004

ASK ABOUT THIS PROPERTY

Brandon MichaelsThe Brandon Michaels GroupMore Info
747-233-1770

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Brandon MichaelsThe Brandon Michaels GroupMore Info
747-233-1770

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.