11112 Ventura Boulevard

    Studio City, CA 91604
    • $3,800,000
    • STATUS: Active Under Contract
    • ON SITE: 740 days
    • ID#: DW17108455
    Under Contract
    $3,800,000
    • 0
      BEDS
    • 0.14
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,707
      SQFT
    • $567
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1985
    County:

    School Ratings & Info

    Description

    Apex Properties is pleased to present the opportunity to acquire this beautiful 3-story class-B office building in the heart of Studio City, on the highly desirable Ventura Blvd. First time on the market in over 20 years!The property consists of a 6,707 sq. ft. office building, on a 6,255 sq. ft. C-2 zoned lot. The 3-story building has been owned and occupied by a single tenant, Pacific Media Technologies, since 1998. With the unique layout this building has to offer, it could continue to be leased to/used by a single tenant, or it could support multiple tenants. It has separate, locked entrances to each floor via both the front and rear stairwells. It also has 10 gated parking spaces in the rear. The square footage listed on Title is lower than stated here because the Seller has done some additions over the years, including the enclosure of a balcony, and Seller states that the work was done with the proper permits. This is the perfect opportunity for an Owner-User, Investor, or Developer! Buyer shall cooperate with Seller' s 1031 exchange requirements.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-27T00:32:08.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.playavistaliving.com/homes/72665440

    11112 Ventura Boulevard Studio City, CA 91604

    • Price: $3,800,000
    • Status: Active Under Contract
    • ID#: DW17108455
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.14
    Acres
    6,707
    SQFT
    $567
    $/SQFT
    1985
    Built
    Neighborhood:
    STUD - Studio City
    County:
    Los Angeles
    Area:
    STUD - Studio City
    Property Description
    Apex Properties is pleased to present the opportunity to acquire this beautiful 3-story class-B office building in the heart of Studio City, on the highly desirable Ventura Blvd. First time on the market in over 20 years!The property consists of a 6,707 sq. ft. office building, on a 6,255 sq. ft. C-2 zoned lot. The 3-story building has been owned and occupied by a single tenant, Pacific Media Technologies, since 1998. With the unique layout this building has to offer, it could continue to be leased to/used by a single tenant, or it could support multiple tenants. It has separate, locked entrances to each floor via both the front and rear stairwells. It also has 10 gated parking spaces in the rear. The square footage listed on Title is lower than stated here because the Seller has done some additions over the years, including the enclosure of a balcony, and Seller states that the work was done with the proper permits. This is the perfect opportunity for an Owner-User, Investor, or Developer! Buyer shall cooperate with Seller' s 1031 exchange requirements.
    Exterior Features

    Lot Features 0-1 Unit/AcreLevel Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Office Class B Office Square Footage 6707

    Property Features

    Additional Parcels YN No Asset Class Office Building Area Units Square Feet Building Status Existing Business Type Single-Tenant Country Us Current Use Commercial Current Use Comments Pacific Media Technologies Investment Property YN Yes Land Use Office Leasable Area Units Square Feet Lease Considered YN Yes Max Total Area Units Square Feet Min Total Area Units Square Feet Occupancy Vacant Property Sub Type Office Special Listing Conditions Standard Water Source Public Zoning C-2

    Listing provided courtesy of Chris Comfort of Apex Properties


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-27T00:32:08.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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