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11426 Ventura Blvd
Studio City, CA 91604
Office Property For Sale
Investment Highlights
- 6,400 SF freestanding building
- Surface Parking Behind Building off Alley -Direct Access to 2nd Floor
- HUGE Outdoor Patio Attached to 3rd Floor Suite
- Private/Secured Parking Garage on Ground Floor
- Construction - Block/Masonry
- 1 MILE TO THE US-101 FWY
Executive Summary
PROCURRING BROKER FEE = 3.5% (CALL FOR DETAILS)
$5,150,000
**Call listing broker for more details regarding touring instructions**
- 6,400 SF 3-story built 1989. One (1) existing tenant ( 2nd & 3rd floor) on short-term leases offering flexibility for investor or an owner-user. Several units with upgraded interior build-outs. Abundant parking (off alley behind building) with nine (9) dedicated surface spaces in addition to unique street-level secured roll-up door adequate for 7+ vehicles and vertical storage.
Available for immediate occupancy (1st floor with private patio and large secure garage/storage area).
Area Description
Located in the heart of the entertainment and media corridor of Studio City. Walking distance to numerous restaurants and service-retail amenities. Exceptional local demo profile with $158k HHI and average home price in-excess of $1.8mm (1-mile). Less than 15 min from Burbank airport and 4 min from Universal Studios.
Please do not disturb currant tenants and call listing broker to discuss touring. Thanks!
$5,150,000
**Call listing broker for more details regarding touring instructions**
- 6,400 SF 3-story built 1989. One (1) existing tenant ( 2nd & 3rd floor) on short-term leases offering flexibility for investor or an owner-user. Several units with upgraded interior build-outs. Abundant parking (off alley behind building) with nine (9) dedicated surface spaces in addition to unique street-level secured roll-up door adequate for 7+ vehicles and vertical storage.
Available for immediate occupancy (1st floor with private patio and large secure garage/storage area).
Area Description
Located in the heart of the entertainment and media corridor of Studio City. Walking distance to numerous restaurants and service-retail amenities. Exceptional local demo profile with $158k HHI and average home price in-excess of $1.8mm (1-mile). Less than 15 min from Burbank airport and 4 min from Universal Studios.
Please do not disturb currant tenants and call listing broker to discuss touring. Thanks!
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
6,400 SF
Building Class
B
Year Built
1989
Price
$7,022,849 CAD
Price Per SF
$1,097.32 CAD
Percent Leased
39%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
2,133 SF
Slab To Slab
10’
Building FAR
1.05
Lot Size
0.14 AC
Zoning
LAC2 - Check with city regarding allowable uses/restrictions.
Parking
15 Spaces (2.34 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Skylights
- Roof Terrace
- Central Heating
- Open-Plan
- Air Conditioning
- Balcony
Property Taxes
| Parcel Number | 2378-022-025 | Improvements Assessment | $1,868,255 CAD |
| Land Assessment | $2,802,384 CAD | Total Assessment | $4,670,639 CAD |
Property Taxes
Parcel Number
2378-022-025
Land Assessment
$2,802,384 CAD
Improvements Assessment
$1,868,255 CAD
Total Assessment
$4,670,639 CAD
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