11112 Ventura Boulevard, Studio City, CA 91604

$3,800,000
List Price
$3,800,000
Status
ACTIVE UNDER CONTRACT
MLS#
DW17108455
Year Built
1985
Days on Market
92
Property Type
Commercial
Property Sub Type
Office

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.

Additional Information

Water
Public

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Listing courtesy of Chris Comfort from Apex Properties

Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.