12616 Ventura Blvd - Restaurant FOR SALE


Studio City, CA 91604
$5,595,000 USD
818-514-0633
12616 Ventura Blvd, Studio City, CA for Sale
$5,595,000 USD
Restaurant - FOR SALE
1/3
null | 4.29% Cap Rate

12616 Ventura Blvd
Studio City, CA 91604


HIGHLIGHTS

  • Exclusive parking
  • Owner-user opportunity
  • Irreplaceable pole signage
  • Recently remodeled
  • Studio City location

OVERVIEW

illi Commercial Real Estate is pleased to offer for sale 12616 Ventura Blvd., a multi-tenant retail/office investment on the infamous Ventura Boulevard, located within Studio City. Existing restaurants and offices currently make up the approximately 5,776-square-foot property. With reliable tenants on the heavily trafficked Ventura Boulevard, the asset offers an investor an excellent opportunity to purchase a long-term stable investment with room for an owner-user. The asset is located near national retailers, such as Staples, Bed Bath & Beyond, Ralphs, Equinox, and many more. Some key property features include exclusive parking, irreplaceable pole signage, 15 parking spaces, a new roof, and a recent 2021 remodel of the asset.

FOR SALE DETAILS

PRICE

$5,595,000 USD

PRICE/SF

$1,068 USD /SF

CAP RATE

4.29%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,246 SF

ZONING

C2-1Vlla

APN/PARCEL ID

2384-022-027

ASK ABOUT THIS PROPERTY

Dean Cutlerilli Commercial Real EstateMore Info
818-514-0633

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Dean Cutlerilli Commercial Real EstateMore Info
818-514-0633

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