PROBATE SALE! Administrator has Full Authority to Accept Offers. This is a Mixed-Use Commercial & Apartment Building in the Heart of 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 & 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. McConnell's Ice Cream has options to renew plus Alfred Coffee intends to renew in 2025. Both commercial tenants pay CAM Charges plus have yearly rent increases. The Apartments are month to month with below market rents. First time on the market in over 54 years. A Solid Investment fully leased and Ideal for 1031 Exchange.