11908-11914 VENTURA BLVD., STUDIO CITY, CA 91604
Apollo Investment Group of Keller Williams Realty World Media Center is pleased to exclusively present for sale this once in a generation opportunity on the highly coveted Ventura Blvd. in prime Studio City, California. The offering consists of three adjacent parcels located at 11908-11914 Ventura Blvd. The first parcel includes a two-story retail/office building at 11908-11910 Ventura Blvd, with a total building size of 5,942 square feet on a lot size of 5,529 square feet (APN#2369-016-002). The ground floor retail space is currently vacant, and there is vacancy potential on the second-floor office space. The building provides second-floor access from both Ventura Blvd and the parking lot in the rear of the building. The middle parcel (APN#2369-016-003) is the parking lot/driveway which provides both access and parking in the middle of both structures on site. The third parcel, 11914 Ventura Blvd, includes a single tenant building, occupied by Toluca Pharmacy, with a building size of 937 sf on a lot of 2,776 sf (APN#2369-016-004). Combined, the three-parcel offering includes 6,870 sf of buildings on 11,075 sf of land, per county assessor. The C2 Zoned property is an ideal owner/user opportunity in one of the most sought-after destinations in all of Los Angeles. The offering also lends itself to Investors or Developers looking to capitalize on an exceptionally rare chance to own such a highly coveted asset.
PROPERTY HIGHLIGHTS
Owner/User, Investor, or Development Opportunity
90% SBA Financing Available
Abundant Parking on Site-Rare Commodity
100’ of Frontage Along Ventura Blvd.
High Foot and Vehicle Traffic (over 40k cars/day)
In Transit Oriented Community (TOC)-Tier 3
Trophy Asset-High Barriers to Entry
PROPERTY INFORMATION
List Price: $6,900,000
Building SF: 6,870
Land SF: 11,075
APN: 2369-016-002, 2369-016-003, 2369-016-004
Tenancy: Multi-Tenant
Zoning: C2
Year Built / Age: 1940 / 84
Parking: 18 Spaces
Parking Ratio: 2.61 / 1,000 SF